CDM D³*  k{].#G´µ¶  · +῎ῌ῏῍   COP ῌ MOP+   !"#$% ,*+- &!

'()* ,*+,+ !,-./0    !12 345!64!

789: ;<=>?@AB%  ! CDEFGH 9IJKLM>?@AB CDM %N!#O.P 9: QRDST  U 9 CDM %  78VW !: XYZ P[\] NGO !#$9^_`#a!bc% - d1 , Q! +2 b.7  efYg.hiNjgZ CDM .%klmnoI* AῌR CDM 9,pN0   qrs

lmnoI*.tuvwKw x yNz{]|.N0 !}~ >J*  H! _ CDM {  YZb% - b! U g%b9q  2 AῌR CDM .
,G!#$%^_ ,**/  +, dL*JKw! COP ῌ MOP+  LK" L*z ,**0  . d !

JICA z ! 6"! K.%¡Z9 +** "!¢£|=0U \] #MG¤¥k{]%¦§ ¨$!%& ©_ªTgZ  ' NGO !k{]9 «¬­z\]!®( =Z¯Yg#M!°)C ±²Z
AῌR CDM %\]z NGO¤¥Gk{]!#M. `DNoriyuki Kobayashi : Study of New A#orestation/Reforestation Projects by CDM,¸¹º¸¹»ῌ±-«­º¹.
2/ ¼  ] No. 00 ῍,**0῎     !"#$%$&'()*+,-./) 0123 4567 AῌR CDM "89 :; </=>?"@A!B AῌR CDM "CDEFGH"I@./+ +J K0L"M

NO"PQRSTS0L"TUVWXYZ[ P "\]=^TU_"Y`a4bc[ deE\]VTS fgh iSjJ ^TU"1T7 deE\]VTS"K0L fgh i0LjJ ^TUEk\"lm7
iSj "no=pqrst fGHGJ "uvw"

. +33, !"P#+x(y"4b +33. ! q. #\ z{| $\}7 +23 ~\ῌ%.  i0Lj  +331 ! +, K
"deTS -&\0 fCOP-J y"4b ,**/ ! , ) q./ i0Lj P ^[T1  k\"lm75bc[ ='" -  G
ῌ P/5() fCO,J =pqrst"*+ ,D\-"7./_ f./"G0,"J῍ K4b *+^ fETJ 1`a fJIJ -'>  fCDMJ ="\] 234b/_῎-¡¢£ fi{'j ¤J ¥ CO, "¡¢+ ¦G ,"§¨44b/_,Ji0Lj " ¡¢£"©52ªi0Lj  « ῎ !B/¥¤ -¡¢£ f{'J ¥ CO, ¡¢+¦G ,6Z"/7¬3b_77 i0
Lj 7/ ¡¢£" ­=®<¯° ±°²)³´¦. µ¶\ " ³´)1`a fJIJ '>  fCDMJ ¥·¸°¥ CO, ¡¢+¹" ­= .8 \" CDM ° fAῌR CDMJ º'9!B: »  ¼ No. 00 ῍,**0῎3  

 !"#$%&'IPCC - - . / 0(IPCC) *" ,**+ + ,123456 78(CO,9:;!"8) <,= >; 8 <,=?@ /,=", 

CDM+) ABCDEF< CMD

G H<1IJ

ῌ KLMNOPQ*"4567 RSTUBCDEFV,ABCDEF,W<*" ABCDEF 456 7X YV1Z

"<[\ 23OPQ]^X _<,= TUBCDEF Y`a!"bcd<efMN
ABCDEF1 GHG

ghi (19) 123I

kl=emYnop"qrs

MtjWUuv!wx,!

\ Mt"aYn?y"< z{|=" yt\ TUBCDEF!"W<\ Mt qrs456a}Y#wx!"W<$%,="\ *@y~&'!" ( <|op=" CDM 1ABCDEF)I~:!"* rF

*t\ - $1)I~  +!"W<\ ~ (,~)
hi$%Z1- ,CDM$<p="RS1~ (,~) )I~ (rs~) &'j

GHG ghivM"9sk\ n>mghiv9{| ¡s+k,\   ¡ss:¢-£\  .,~g/<,=¤0!"¥1*",)CDM  (AῌR CDM)

CDMGa¦s1se§yp"\ ,**+

COP1 ¨=©ªῌ« (AῌR) s¬t2­op"W<l ,= ,**- COP3  AῌR CDM

p \ ±ª3 AῌR CDM =e ,**/ AῌR CDM®v¯ª°^COP++ ^p_!\ s 4p\ s²³(PDD)&5\ Y6´µ61ghi¶ CDM <·¸7*"\ ¹eº48 »  ¼ No. 00 ῌ,**0῍ non-permanence AῌR CDM  CO, ῌ  ! ῌ" CO, #$% &'() * +,- ./0 123*4!-5 678 "9 :;<=>* 2?@AB C??@ D:;<=> Temporary CER : tCER !??@D:;<=> Long-term CER : lCER !-:;<=>EF$% COP
3

7$%" tCER, lCER !:;<=>* 2?@ G H2IJ:;<=> 8 LMNO*P COP3

AῌR K tCERῌlCER  2?@9Q%"

AῌR CDM RS<T:>UV eligibility WXYZ[\ ]*P AῌR   G  ^9 #_`a CDM*b COP

LMcXcdG*?ef3*g4LMcXc!4+,+-AῌR CDM hK

CDM hKijkl4m!./0 1 nWin-Wino pl

jqr

G CDM RS<T:>st*uGij*vw

xy=>"Q85!!$%

 ijz{|}!~ijvw"!./0 1z # adaptation *8 5!?
$%
5%QhK*] AῌR CDM #_`a CDM *b ij
*$jstl

5! U%]aRS<T:>*uG$UzuG(D5!EQ%$Q*&'` 1(U)U*8 uG(D!%AῌR CDM **8Q%

*!+xy=>! - +E + * ./0 1*RS<T:> ," (- #_`-¡.!¢/D5!  , *RS<T:><=> tCER, lCER 0*u vwxy=>?

,":;D 5!  - *£¤1 CSR 3" 2¥¦9 §!4 5!
AῌR CDM £ NGO ij ¨' "m*©"4§ª«lk+ !¬­4Q AῌR CDM ®¯*°±F²&°±^9 . ³3´µ ,/ ²*8¶· j­Q°±,¸#4 4¹ AῌR CDM 4º,4­ »4 +E¼"&  '  No. 00 ῍,**0῎5-AῌR CDM  +AῌR CDM     AῌR CDM  AῌR CDM  !"#$ %&'()*+,-./01 7,**-%)23 456 COP- 7+331

 : 0;# <=> ?@4 89 COP3

A BCDEF*

 56GH;%I(J*!*KL9-1COP-   MN=OPQR:#S-V . V?WX:Y(#56Z [T-U-COP \]_+^%48Y( 1! CO,  `< COP- #abc
0" NGO 89#c>d8Y(J*> *<01 e9 AῌR CDM <fgh?i4jkl%mnop%8q2 4=8* rstI uG v=wx% yz{|}>
4=8*

ab~894/ AῌR CDM >abI#0Y(1J-9  89 COP  56%] =  #M
"- !"44Y<:Y(*KL9-1, *Y< mn 'mn '%? * CDM

 7EB 89 CDM *<!%() @0=" '*  '?
e-1
ῌ @ '#$ !

 O#%4'#$ 7New Methodology01 CDM

!%J*

 AῌR  ¡¡ 7AῌR WG ¢ G

Dr. J.E.

Sanhueza #$&!

%=S8£<=> ¤¥¦§ #$ '¨{ (g ){- *> *+,-_,1 . ©+ EB_+: ,ª-. A «%#(9(8¬ g­®ῌ¯°±²T +³´/0µ  g­®ῌ¯°±² ,**/. 0_,: ¶·1 CDM l¸§¹§¤ S=< CDM º2
7COP++ 0µ http : //www.jifpro.or.jp/ 7JIFPRO »F¼
6

 f   No. 00 ῍,**0῎  ,/     +   AῌR WG  ,  ! "#$%&'()*+ ', / - EB,. ( , .
/0 - )123
῍ 456789:;<=>?
AῌR CDM

 @A, BCDEFG,H AῌR CDM

 IJK<L:>):;<=>A,MNNOP:;<=> tCER )Q
NNOP:;<=> lCER .RS ',3 tCER, lCER :;<=>
TNOU :;<=>1VW11'3 (?
. I X,:;<=> CERY tCER, lCER Z[.\Z,)1] AῌR CDM 45D^_2`,a)12 ',3-AῌR CDM bcd@

ῌ eCP6d@)fghi6d@)+ eCPjklmnop)D%#qGr ',. s1,q#%tuv$wvxy.z,3   {|nH AῌR WG }~!)R,3 AῌR WG
Q!. (){|n N+'3

῍ JK<L:> )2 d@
AῌR CDM eCP" PDD !#.A,. JK<L:> AῌR CDM EH,().A,3  
CDM r ',q#% $,))!  (z.  % JK<L:>h& G().A3   %S 'S ( ¡()!T)R,3.ῌ

AῌR CDM ῐῑ῎῍῏ῒAῌR CDM  )¢178td@.A,.£¤ NGO )¥¦ X,§*GYP%¨©+'3+NGOX,op%ῌ ªx«¬#­®xῌvx¯#°­®°% CI +,JK±w² X,³:´$% AῌR CDM
Choco-Manabi Corridor Reforestation and Conservation Carbon Project.-JK<L:>.µ³:´$%¶®ª·¸°¬¹ /** ha º»/ ¼ 0 ¦ No. 00 ῍,**0῎7 + CDM ῎ NGO uvwxyz{|} ¹ºt2 NGO ῎ ῎ 

  !"#$%&'()*+,-./ 0'()*+, 1234
5 ! NGO 67089:45 ;<,=9+>? NGO '()*+,@A B64 C DDEFGH9F 6+I)<, JKL
M'()*+,NOMP.Q-./CI 3 ,**- RST0'()*+,@AUVW ,**/ R 0 X AῌR WG YZ[ῑ\] PDD DARNM**++F ^_&.` 3 X

AῌR WG  aCb cdefMP./ g hYZ[ῑijkl AR-AM***+ m4'()*+,nNopq
 ,**0 R - X +0 7rfYZ[ῑ\] PDD  AῌR WG s^_MP.t-/
ῌCDM ῎ NGO uvwxyz{|} DNIACF

0~$

3 70C CSR)<,6kT. AῌR CDM

SG9MdNO&.VW NGO ῐ+Iwxyz{|}&.Q$ MP./   +I)<
, k ,G'G<, A&.);: VW ῌ$MP. D + NF/0~3L CDM  z)z> ¡ -. CI, ¢9t-: 7£¤ ¥+z¦ §,G'ῌ8;¨|<,©ª s῎ CDM  JIFPRO45¨«9¬­®῍ ,**0. ,. ,, \]H¯89y°ῌw9±y°±®῍kyamashita@conservation.org
t2: ¢9¦¬w¨ῌz)z ῏²³´µ¶A L6·p¸8» ¼ ῎  No. 00 ῍,**0῎ῌ  ,**0  -   !" #$%'(& )*+, ,**1 -./012345 6

"789% %:; <2=>?@7A8B7
CD75EF*+,.
,G HIJ,KLM῎ NOPQRG STU AῌR CDM

NOPQRG " PVW 5 ,*+* " -*  ha XY 5Z[\]!^"_*+, ,**/ ?` #! ,0  ha $ +/  ha  #!%*+, a[&b' STcUd+* (ef)*1gh2@PVW 5@ iAῌR CDM jI
k Kl>+, +," STc

U-Xmn.o,2S;=p/0 q5  +/ 1 ha 523@*+, 23" r4'(stu /* v0 >+ w5x MIy >z,a@5W6*+, MI{v-* v>|7}~,1gh2"  +**  t CO, 589*+, 6" 5:;<5=9*+,/῏0>fJ,?@

CO, ;%1f./012
A ./012" iBC AῌR CDMk  o,DEz,@~,

F

GH"IJK  S-,+b ./01@*H"}~*+,)>L IQRG -M NM QOG P
%C QRG QRSTUV5Q'**+,



" CO, 5D@o, 5?o,_ jWXWY
Js Z[M] ¡¢o£~\5|7o,@@) ]¤¥% 5¦M@,J[0  5o,a@5r
@* , ^5z4*+,ῌ jWX§¨WYJ,_Q©\ª`f῍ _Q©J,0  fA./012«¬­1;®h. ,**/  / -M>¯}~M
a°5±¨./;D7%²)Z}~*+,0.

: bcd" info@bardlife-asia.org: Q³GXYjI %C V´efµJs¶g0: ./;D7%²h·¤"-M ¸¹i( º L IQRG jk ,'l»mnro ¼/? @I No. 00 ῍,**0῎9-   FS   KTI  RPI  !"#  $% &'()
*!+,-./012345  678 9:;< =*> ? @=!A>-B'CDE(F  78 9CDM:;<  ,**/ G*3   ?

@=!A>-,HI J KL 7=*> MNO(F PQ@=!A>- JICA  RSTUV@=!A>-+ WPQ&'( RCDM

B !"#$&%X(YZ&['(\]^)V PQ@=!A>-B*+_(F ,@=!A>- . `&a^:bc<J^dEef. +** /ghiBOj A ῌ R
CDM kl00_BmnD F
DOE 1o JACO CDM B2p BIO CARBON FUND qrs tuvw AῌR CDM , 3x94y/H<z J{*E(F/AῌR CDM AῌR CDM 5 7|}J~678^k9J(R:V 78;<O(F "C=+> BO(f?@ '&B7f@=!A>-AkMB1dB E(F AῌR CDM CJD( EF+;<G&d &

X EF+ EFAῌR CDM D( T$&hXH9I JK L)8
J¤&P!"#$k¡¢O(F £D . MNO¥B AῌR CDM

O(B T$ - MN¦§,QB¨(F O(R<©S? TWª-EJJJUJV6«¬B)W­<®¯ °±­<²+B&³nEJ´fµFXD(F CO, ¶·J²+B¥(­<
X ¸E¶·x¹ T$JY JK L)8J²+B¥(­<Zghº  L»EJ²¥(­< !"#$&[\ NJMN¥(£¼O(F10] ^   No. 00 ῌ,**0῍!"   

 !"#$%&'()*+,-.1/ 01

AῌR CDM  23#45!-67#!8'-9: ;-<=>?@ABCDEFG+H45!IJCDK
9+L<-9MNO-/P9 AῌR CDM #QR%S#TUVW#XY'-ZI NGO [\] ^_]`#abR#45c=>?@ABCD'-#9d)*+,-/, ^"efg#
AῌR CDM Q#efhij!kl,cmkn9 COP3 #oQp#mO-/
ῌ QR9[\qrῌefj!s'-t analysis un v#hi9:MO-QRwxBy9z'-ZI! jassessment u{/῍ j!nc y|}~ wxBy#~ῌk!

~ncu{/  PDD #cQR9hit'-<#y|}pc hydrology, soil, risk of ﬁre, pests and diseases 9O +,cn-/ GMO  !sc wxByy!~k,+#!s'-xAj'-'- COP3 o,cn-9 1!!cn-/ m IUCN # xB!~cn-/

,+# COP3 #oG+'- PDD #^"efhijz~ +Gn*wxBy#z!-!
cn-/ AῌR CDM Q#^"efg# AVB EB #¡¢ CSR £)*-+oc¤¥'¦kn)*+,-/- =>?@ABCD#§¨©g# "ª«§#¬­!$®,cn-=>?@AB#"%%yG+$®
,n¯°-±U²³²­X!-(#O-/ ,+#M%%yy| NGO 9´µ!=>?@ABCD(# ¶&Q'c·.1: ·¸¹¦º»a=>?@AB#abD 94)-( ¼   No. 00 ῍,**0῎11 CI  ῌ AῌR CDM 

! " # $ NGO %&'()*+ ,  -. / 0lCER1 234567! "89, :%;#.<6= >?@A B CDA
EF, 45, GH;IJK

NGO, L, H-. MNOP Q;@A C

R:F ".1 STQUVWX6YNODZ
AῌR CDM #CfgFsi

$[\]^_*`QabcdGe" #FEhi )j , klmnopqr0tuQ1 )<#Ce STjYNO)vK #C

CDAEF " gE-$45 CSR j)w.<-/jx-JK +;vyzCR:F "ῌ ]^ῌST, abji{(m=|}-$~.<6DAEF " [\]^Wcd_* ` Qab j) tCER, lCER /jSTj-C

cd_ji{(m=DAEF ", 0CO, -. /jx1 - 0]^, abO
0i{(11 )

0/j1 )K #C-., AῌR

CDM 6jEF

P Q! " i{(m=-$j_

=_C6 "῍AῌR, rqi (N= ($ AῌR -. @GCrqi (-. 
¡¢)£C C$¥EF¤ PDD -C¥¦) #C

6 " NO:=)¥ #C-., AῌR §- /¨GeB6©53STQ)@KP Q! "῎tCER, lCER ª!"M%#ª«-KC¬/ª!"M$ AῌR CDM$­-op6CDAEF " tuQ%®+E tCER, lCER $&¯'!, i)°(AῌR CDM WI)¥E±

45` " )²³Vi)*A6 #C)ª!´(K «; µ+¶·,-¸?¹º )¸?K ¥-vKeª!»®CDAEF "CDM ¬ -. / 0CER1 ª!-." M
12. ¼ / 5 No. 00 ῍,**0῎ CDM  AῌR CDM

 tCER, lCER!"#$%&'()*+,-.  /01234 5678 9,**/: ;<=> ?6@ABCD - E 9F:GH6 IJ
5678 9,**/: MNOPQRS DTUVWX YZ/[ GHKL
5678 9,**/: CDM f6gh RS !,\]^,\_]`abcdeL;<iῌ?6jkabKDlWmnopQL
5678 9,**0: qr CDM f6
stu RS ?6vawxyz{ |CDM f6 }~6-  N, KOBAYASHI (,**/) The Kyoto Protocol and a#orestation/refor?6vaLestation project, Proceedings of the International Workshop on GHG Sink/Source
Control Technology through Conservation and E$cient Management of Terrestrial
Ecosystem.
N, KOBAYASHI (,**/) PROMOTEING A/R CDM PROJECT, The
Development and Prospects of A/R CDM, COP++, COP/MOP+ Side Event.

96

: ῏῏῏῏῏῏῏῏῏῏῏῏῏῏῏῏῏῏῏῏῏῏῏῏῏῏῏῏῏῏῏AῌR CDM  !

"#$%AR-AM***+ 9e ARNM**+* A : Facilitating Reforestation for Guangxi Watershed Management in Perl RiverBasin, China:] : ; f6
AR-AM***, 9e ARNM***1-re A : Moldova Soil Conservation Project:] : ῌf6

;

AR-AM***- 9e ARNM**+2 A : Assisted Natural Regeneration on Degraded Land in Albania:] : f6¡¢£¤ ¥¦§¨©ª«¬;ῌf6­]®¯ !°
http : //cdm.unfccc.int/methodologies/ARmethodologies/approved_ar.html ©±²³´2} ~ 69µ¶:

No. 00 ῍,**0῎13