Key Points for forming JCM projects, Success Factors
for JCM Project Implementation
Wataru Tohze, Researcher,Overseas Environmental Cooperation Center, Japan
January 24, 2024

Outline
1. The role of OECC roles on the JCM
2. Key points for forming JCM projects

3. Good practices of JCM projects
4. Success factors for forming JCM projects

1. The role of OECC on the JCM

Based on local needs in Georgia
Government-Private companies- Meetings withlocal partners to
identify local needs,
potentials andissues-Technology study- Proposals onbusiness model andtechnology

Maturity processtoward business
implementation

Application to
JCM model project
finance- Support
preparation
application forms

1. The role of OECC on the JCM
Information dissemination on the JCM

Sharing of various JCM basic information

http://carbon-markets.env.go.jp/eng/index.html

Video production for goodpractices of the JCM

1. The role of OECC on the JCM
Support for Validation and Verification of JCM projects

Source: Government of Japan2. Key Points for forming JCM projects
Priority technologies of the JCM➢ Solar power generation➢ Storage battery & Electric grid system➢ Wind power generation➢ Energy-saving infrastructure➢ Geothermal power generation➢ Hydrogen technology➢ Hydro power generation➢ Carbon Capture and Storage➢ Waste to energy➢ Ammonia fuel[Common areas between Georgia’s NDC and priority technologies of the JCM]
✓ Utilization of Waste to energy in waste sector✓ Utilization of Storage battery & Electric grid system in energy sector✓ Utilization of Energy-saving infrastructure such as Waste-heat Recovery✓ Utilization of Hydrogen technology in transport sector

2. Key Points for forming JCM projects
Is it profitable as a business? (Business feasibility / sustainability)✓ Establishment of an environmental
business model including securing allnecessary licenses and permissions✓ Robustness of business return on
investment while securing revenue
source such as Power Purchase
Agreement (PPA)✓ Financial arrangement including loan
with appropriate interest rates
Zhang, Xueqing. (2009). Win–Win Concession Period Determination Methodology. Journal ofConstruction Engineering and Management-asce - J CONSTR ENG MANAGE-ASCE. 135.
10.1061/(ASCE)CO.1943-7862.0000012.

2. Key Points for forming JCM projects
Utilization of advanced technologies toward decarbonization societyThe JCM recommends the introduction of advanced technologies
Storage Battery
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mitigation

NIES supercomputer3. Good practices of JCM projects
List of JCM projects that OECC has contributed to discovering and/or forming3. Good practices of JCM projects: Mongolia
JCM Projects

Other Projects
Darkhan 10MW SPI
Darkhan 20MW DSEDN

Bayanchandmani 21MW Solar Energy Chandmani
Monnaran 2.1MW Everyday Farm
Adopted as JCM project newly

Monnaran 8.3MW Everyday Farm

Ulaanbaatar

New Airport 15MW Tenun Gerel

Choir 10MW PV

55MW,42%
Otherfinanced✓ Private Investment + GCF

131
MW76MW,58%
JCM
project*Status: Finance Approval from GCF(AE: Xac Bank, Mongolia)

Sainshand 30MW PV✓ Private Investment+ EBRD and other loan
Zaminuud 15MW PV SPI✓ 100% Private Investment

Mongolia NDC Target:
PV 145 MW by 2030

3. Good practices of JCM projects: Vietnam and Lao PDR

3. Good practices of JCM projects: Philippines

4. Success factors for forming JCM projects✓Discovering project seeds based on local needs✓Robustness of financial arrangements for a JCM project✓Close alignment with eager project participants both localand Japanese side
✓Simplify measurement within MRV related to themethodology of the JCM project to calculate GHGemission

Thank you for your attention!
http://carbon-markets.env.go.jp/eng/index.html

https://www.oecc.or.jp/en/global_environment/20201119/4060/