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Date of meeting: 20 March 2014
Place of meeting: Male, Maldives

Joint Committee of the Joint Crediting Mechanism
between Republic of Maldives and JapanFirst Meeting
Meeting Report
Agenda item 1. Opening
Mr. Abdullahi Majeed, Minister of State, Ministry of Environment and Energy, opened thefirst meeting of the Joint Committee (JC) of the Joint Crediting Mechanism (JCM) and gave
opening remarks.
Table: Attendance
JC Members from Maldivian side
Mr. Amjad ABDULLA

Ministry of Environment and Energy

Mr. Ajwad MUSTHAFA

Ministry of Environment and Energy

Mr. Ahmed WAHEED

Ministry of Environment and Energy

Mr. Ahmed ALI

Ministry of Environment and Energy

Mr. Ibrahim NAEEM

Environment Protection Agency

Ms. Aishath SAADH

Ministry of Finance and Treasury

Mr. Naufal MOHAMED

Ministry of Economic Development

Ms. Aishath AZEEMA

Ministry of Foreign Affairs

JC Members from Japanese side
Ms. Asako OKAI

Embassy of Japan to the Republic of Maldives

Mr. Yuji MIZUNO

Ministry of the Environment

Mr. Yoshikazu HASUNUMA (alternate)

Ministry of Economy, Trade and Industry

Ministry of Foreign Affairs
Mr. Ryutaro NISHIMORI (alternate)* The names of members present at the meeting are in bold print above.

Agenda item 2. Organizational matters
Agenda item 2.1 Adoption of the agenda
The JC adopted the agenda of the meeting.

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Agenda item 2.2 Rules of Procedures for the Joint Committee
The JC considered the draft “Joint Crediting Mechanism Rules of Procedures for the JointCommittee” and adopted it, as contained in Annex 1 to this meeting report.
Agenda item 2.3 Appointment of Co-Chairs
The Maldivian side appointed Mr. Amjad Abdulla, Director General, Climate Change
Department, Ministry of Environment and Energy and the Japanese side appointed Ms. Asako
Okai, Minister for Embassy of Japan to the Republic of Maldives, to serve as the Co-Chairsof the JC. Mr. Abdulla and Ms. Okai gave their remarks.
Agenda item 2.4 Attendance
The JC gave its consent to attendance of observers at this JC meeting and the Co-Chairs
introduced the observers.
Agenda item 2.5 Rules of Implementation for the JCM
The JC considered the draft “Rules of Implementation for the Joint Crediting Mechanism(JCM)” and adopted it, as contained in Annex 2 to this meeting report.
Agenda item 2.6 Establishment of the JCM secretariat
The JC established the JCM secretariat. The Maldivian side nominated two personnel from
the Ministry of Environment and Energy and the Japanese side nominated Mitsubishi UFJ
Research and Consulting Co., Ltd. for serving as the JCM secretariat.

Agenda item 3. Rules and guidelines
Agenda item 3.1 JCM Project Cycle Procedures
The JC considered the draft “Joint Crediting Mechanism Project Cycle Procedure” and ten(10) forms related to the procedure and adopted them, as contained in Annex 3 and Annex 3.1
to 3.10 to this meeting report.
Agenda item 3.2 JCM Guidelines for Developing Proposed Methodology
The JC considered the draft “Joint Crediting Mechanism Guidelines for Developing ProposedMethodology” and adopted it, as contained in Annex 4 to this meeting report.
Agenda item 3.3 JCM Guidelines for Developing Project Design Document andMonitoring Report
The JC considered the draft “Joint Crediting Mechanism Guidelines for Developing Project2

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Design Document and Monitoring Report” and adopted it, as contained in Annex 5 to thismeeting report.
Agenda item 3.4 JCM Guidelines for Designation of a Third-Party EntityThe JC considered the draft “Joint Crediting Mechanism Guidelines for Designation of aThird-Party Entity” and adopted it, as contained in Annex 6 to this meeting report.
Agenda item 3.5 JCM Guidelines for Validation and Verification
The JC considered the draft “Joint Crediting Mechanism Guidelines for Validation andVerification” and adopted it, as contained in Annex 7 to this meeting report.
Agenda item 3.6 JCM Glossary of Terms
The JC considered the draft “Joint Crediting Mechanism Glossary of Terms” and adopted it,
as contained in Annex 8 to this meeting report.

Agenda item 4. Other matters
The Japanese side introduced the JCM promotion schemes, and the JC took note of theimportance of capacity building and information sharing for Maldivian private companies toimplement JCM projects.
The Japanese side also introduced its idea of the JCM registry and website.

Agenda item 5. Conclusion of the meeting
The Co-Chairs gave closing remarks and closed the meeting.

Annexes to the report
Annex 1 Joint Crediting Mechanism Rules of Procedures for the Joint Committee
Annex 2 Rules of Implementation for the Joint Crediting Mechanism (JCM)
Annex 3 Joint Crediting Mechanism Project Cycle Procedure
Annex 3.1.

JCM Modalities of Communication Statement Form

Annex 3.2.

JCM Validation Report Form

Annex 3.3.

JCM Project Registration Request Form

Annex 3.4.

JCM Verification Report Form

Annex 3.5.

JCM Credits Issuance Request Form

Annex 3.6.

JCM Approved Methodology Revision Request Form

Annex 3.7.

JCM Post-Registration Changes Request Form

Annex 3.8.

JCM Project Withdrawal Request Form
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Annex 3.9.

JCM Registration Request Withdrawal Form

Annex 3.10. JCM Issuance Request Withdrawal Form
Annex 4 Joint Crediting Mechanism Guidelines for Developing Proposed Methodology
Annex 5 Joint Crediting Mechanism Guidelines for Developing Project Design Document
and Monitoring Report
Annex 6 Joint Crediting Mechanism Guidelines for Designation of a Third-Party Entity
Annex 7 Joint Crediting Mechanism Guidelines for Validation and Verification
Annex 8 Joint Crediting Mechanism Glossary of Terms

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