The Global Environment Centre Foundation (GEC) as an implementing organization for the Financing Programme for Joint Crediting Mechanism (JCM) Model Projects in FY2023, is soliciting the project proposals for the financing programme.
Purpose
Japan establishes and implements the Joint Crediting Mechanism (hereinafter referred to as “JCM”) in order both to appropriately evaluate contributions from Japan to GHG emission reductions or removals in a quantitative manner achieved through the diffusion of decarbonizing technologies, products, systems, services, and infrastructure as well as implementation of mitigation actions in developing and other countries.
In order to support the implementation of candidate JCM projects, Ministry of the Environment, Japan (hereinafter referred to as “MOEJ”) has launched the “JCM Model Projects (hereinafter referred to as “model project”),” which includes collaboration with projects supported by the Japan International Cooperation Agency and other governmental-affiliated financial institution.
The purpose of this model project is to financially support the implementation of projects which reduce GHG emissions by utilizing leading decarbonizing technologies in developing and other countries, and in return seeks to acquire JCM credits for achievement of Japan’s GHG emission reduction target. Moreover, based on the Decarbonization Infrastructure Initiative by MOEJ in June 2021, the Plan for Global Warming Countermeasures approved by Cabinet Office in October 2021 and Implementation of Article 6 following COP26 announced by MOEJ in November 2021, the Grand Design and Action Plan for a New Form of Capitalism (Cabinet Decision in June 2022), etc., the JCM model projects aim to contribute to global GHG emission reduction, through the diffusion of leading decarbonizing technologies while considering the needs of the partner countries.
Funding Information
Total amount of the budget for the model project is expected to be 15 billion Japanese Yen for 3 years. Suggested size of one model project is, within 2 billion yen in terms of the amount of financial support. In principle, a total of 500 million Japanese Yen for three years is suggested for the budget of one model project under JCM Eco Lease Scheme.
Duration: The implementation period of the model projects (i.e. the period for installation of facilities and completing all the payment) shall be from the date indicated on the Notice of Contract of Finance until 30th January 2026. Purchase order prior to or after this period is not covered by this model project.
Basic Principles on Gender Equality
This section elaborates on the basic principles on gender equality and project participants are encouraged to follow these principles.
Women’s Empowerment
Consider how various outcomes from the project (e.g. electrification of previously underserved areas, compensation related to land acquisitions) can lead to women’s empowerment including increased employment and income, opportunities for female entrepreneurs to start or expand their businesses with higher productivity, as well as better access to education.
Entities undertaking a project are expected to take measures to create a work environment where more women can play an active role, by providing job training and education, as well as facilitating other gender-related improvements and necessary support
Gender-balanced Decision-making Process
Consider promoting women’s equal access to information regarding climate change and relevant policies and their participation in community decision-making processes.
Consider facilitating gender-balanced decision-makings at implementation stage of the project to encourage women to take on a leadership role.
Women’s Health and Well-being
Consider promoting improved health and well-being for women in various aspects of life, including health (e.g. by decreasing negative health impacts from polluted air and water), safety (e.g. by installing streetlights and sanitary facilities, and improving public transportation systems), as well as economic and physical burden (e.g. by reducing energy bills including electricity, and lowering domestic workload by installing water and sewage systems, high-efficient cooking equipment, and the like).
Eligibility Criteria
A Japanese entity as a representative participant of an international consortium which is an association (no legal personality) that consists of a Japanese entity and a foreign entity(ies), etc., with the objective of effectively implementing a project.
