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Go to Content Please enable Javascript to use all functions. MENU CLOSE Inquiry Access Japanese Japanese Search Frequently searched keywords hydrogen fuel cell FH2R ammonia artificial intelligence News News News List Topics (Photo Gallery) Events Events Current Events Past Events Activities Activities Project Fields Energy Environment Mechanical systems Electronics and telecommunications Materials and nanotechnology Biotechnology International expansion support Global warming countermeasures Cross-sectoral proposal-based activities Industry-academia collaboration / human resource development Surveys, evaluations, and other activities Pickup Publications Publications Brochures Focus NEDO Reports NEDO Channel About NEDO About NEDO Chairman's Message Budget Technology Development Fields NEDO's Initiatives--> Background Information Executives Organization Domestic offices Overseas offices Washington, D.C. Silicon Valley Bangkok Beijing Europe New Delhi Links Frequently searched keywords hydrogen fuel cell FH2R ammonia artificial intelligence Inquiry Access Home Activities Global warming countermeasures Program to Facilitate Overseas Promotion of Low Carbon Technology Through the Joint Crediting Mechanism (JCM) Program to Facilitate Overseas Promotion of Low Carbon Technology Through the Joint Crediting Mechanism (JCM) Project overview Project period: FY2011 to FY2027, budget: 1.1 billion yen (FY2023) As Japan’s share of worldwide greenhouse gas emissions is about 3.1% (energy-derived CO2, as of 2020), it is also important for Japan to take measures overseas in addition to domestic measures to address global warming. In the Strategic Energy Plan and the Long-term Strategy under the Paris Agreement, which were approved by the Cabinet in October 2021, it is stated that Japan will further reduce its greenhouse gas emissions by leveraging its technological strengths, thereby contributing to the realization of carbon neutrality on a global basis. For example, Japan is promoting business-led international expansion of environmentally sound technologies and products through such efforts as market creation, human resource development and system construction. It is also making contributions to the reduction and absorption of greenhouse gas emissions in developing countries by disseminating advanced decarbonization technologies and implementing relevant measures. Against this backdrop, NEDO carries out international demonstration projects utilizing the Joint Crediting Mechanism. More specifically, Japan’s advanced low-carbon technologies and systems are introduced and demonstrated overseas. The reduction or absorption of greenhouse gas emissions due to such technologies and systems is then quantified and announced as part of Japan’s international contribution. In parallel, NEDO, in collaboration with the Japanese government, works to expand the use of such technologies and systems by cooperating in the development of relevant policies in partner countries, thereby contributing to the reduction of global greenhouse gas emissions and achieving the Paris Agreement’s goals. Project pamphlet (Available only in Japanese) The Program to Facilitate Overseas Promotion of Low Carbon Technology Through the Joint Crediting Mechanism (JCM) is an extension of the Global Warming Mitigation Technology Promotion Project (FY2011 - FY2017), the JCM Demonstration and Verification Projects (FY2017), and the Program to Facilitate Private Sector-Led Promotion of Low Carbon Technology Overseas (FY2018 - FY2022), which NEDO has been carrying out as part of its global warming countermeasures. Project scheme Details of each phase Phase Implementation period Implementation scale (per item) Feasibility study Within 1year in principle Within 50million yen in principle Demonstration Within 3years in principle (1year for development/installation, 2 years for demonstration operation) Within 1billion yen in principle Follow-up for quantification Within 2years in principle Within 20million yen in principle Consultation Program to Facilitate Overseas Promotion of Low Carbon Technology Through the Joint Crediting Mechanism (JCM) (Available only in Japanese) Project details No. Project title Partner country Partner country’s counterpart Partner country’s operator Project operator Project period 1 Low-carbonized Operation for Power Grid utilizing online voltage-var(Q) Optimal Control (OPENVQ) with ICT Thailand Ministry of Energy of the Kingdom of Thailand (MOEN) Electricity Generation Authority of Thailand (EGAT) Hitachi, Ltd. FY2020 - FY2023 Information on public solicitations (Available only in Japanese)
