JCM_MV_JC03_Mtg Rep

Date of meeting: 19 March 2018
Place of meeting: Male, Maldives
Joint Committee of the Joint Crediting Mechanism
between Maldives and Japan
Third Meeting
Meeting Report

Agenda item 1. Opening
Mr. Amjad Abdulla, Director General, Ministry of Environment and Energy, opened the third
meeting of the Joint Committee (JC) of the Joint Crediting Mechanism (JCM) and gave
opening remarks.
Mr. Masamichi Abe, Counsellor, Embassy of Japan in Maldives, 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

Mr. Mohamed IMAD

Ministry of Finance and Treasury

Ms. Saadhaa MOHAMED

Ministry of Economic Development

Ms. Fathimath REENA (alternate)

Ministry of Foreign Affairs

JC Members from Japanese side
Mr. Masamichi ABE

Embassy of Japan in Maldives

Ms. Mihoko KAWAMURA (alternate)

Ministry of Foreign Affairs

Mr. Wataru MATSUMURA

Ministry of Economy, Trade and Industry

Ministry of the Environment
Mr. Naoki TORII (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. Approval on attendance of observers
The Co-Chairs introduced the observer and the JC gave its consent to attendance of theobserver at this JC meeting.
Agenda item 2.3. Possible extension of the JCM
The JC discussed possible extension of the partnership for the JCM beyond coming into
effect of a new international framework under the United Nations Framework Convention on
Climate Change.
Accordingly, the JC decided to explore the ways and means to modify the related paragraphof the bilateral document, “Low Carbon Growth Partnership between the Japanese side andthe Maldivian side”, subject to the internal consideration by the Maldivian side.

Agenda item 3. Rules and guidelines
Agenda item 3.1. Revisions related to issuance of JCM credits
The JC considered the draft revisions on “Rules of Implementation for the Joint Crediting
Mechanism (JCM)”, “JCM Project Cycle Procedure” and “JCM Credits Issuance RequestForm”, and adopted them, as contained in Annexes (Annex 1, 2 and 4) to this meeting report.
Agenda item 3.2. Revisions related to possible extension of the JCM
The JC considered the draft revisions on “Rules of Implementation for the JCM”, “JCM
Verification Report Form”, “JCM Credits Issuance Request Form” and “JCM Guidelines forDeveloping Project Design Document and Monitoring Report”, and adopted those other than“Rules of Implementation for the JCM”, as contained in Annexes (Annex 3, 4 and 6) to thismeeting report. The JC also decided to revise and make “Rules of Implementation for theJCM” publicly available upon the completion of the modification to the bilateral document.
Agenda item 3.3. Revisions related to editorial matters
The JC considered the draft revisions on “Rules of Implementation for the JCM”, “JCM
Project Cycle Procedure”, “JCM Guidelines for Developing Proposed Methodology”, “JCM
Guidelines for Developing Project Design Document and Monitoring Report” and “JCM
Guidelines for Designation as a Third-Party Entity”, and adopted them, as contained inAnnexes (Annex 1, 2, 5, 6 and 7) to this meeting report.
Agenda item 3.4. Common Specifications of the JCM Registry
The JC considered the draft “Common Specifications of the JCM Registry” and adopted it, as
contained in Annex 8 to this meeting report.
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Agenda item 4. Project registration
Agenda item 4.1. Solar Power on Rooftop of School Building Project
The secretariat explained the proposed project MV001 “Solar Power on Rooftop of School
Building Project”. The JC noted its status of being under the public inputs procedure andconcluded to move forward with the procedures necessary for consideration towardsregistering the proposed project including possible decisions by electronic means asapplicable.

Agenda item 5. Third-Party Entity
Agenda item 5.1. Addition of new sectoral scopes (Japan Management Association)
The JC designated Japan Management Association (JMA) for the additional sectoral scopesof 1, 2 and 3 for verification.

Agenda item 6. Other matters
Agenda item 6.1. Promoting development of JCM projects in Maldives
The Japanese side explained the financing programme for the JCM model projects and ADB
Trust Fund (Japan Fund for the JCM), and updated information on the JCM model projects
which are currently implemented in Maldives.
The Japanese side also explained the JCM promotion scheme, JCM Demonstration Project,
MRV Application Study and JCM Feasibility Study.
Both sides discussed needs for facilitating JCM project development in Maldives taking into
account applicable technologies and possible incentives and financing opportunities for
project implementation.

Agenda item 7. Conclusion of the meeting
The Co-Chairs gave closing remarks and closed the meeting.

Annexes to the report
Annex 1 Rules of Implementation for the JCM (version 02.0)
Annex 2 JCM Project Cycle Procedure (version 03.0)
Annex 3 JCM Verification Report Form (version 02.0)
Annex 4 JCM Credits Issuance Request Form (version 02.0)
Annex 5 JCM Guidelines for Developing Proposed Methodology (version 02.0)
Annex 6 JCM Guidelines for Developing Project Design Document and Monitoring Report3

JCM_MV_JC03_Mtg Rep(version 02.0)
Annex 7 JCM Guidelines for Designation as a Third-Party Entity (version 03.0)
Annex 8 Common Specifications of the JCM Registry4