JCM_TN_Glossary_ver01.0
Joint Crediting Mechanism Glossary of Terms
CategoryEmission
reductions
removals

No. TermDefinition
1. 1Greenhouse Gases GHG are those gases of carbon dioxide (CO2),or(GHG)
methane(CH4),
nitrousoxide(N2O),hydrofluorocarbons(HFCs),
perfluorocarbons(PFCs), sulphur hexafluoride (SF6) and nitrogen
trifluoride (NF3) (RoI para.3).
2. 2JCM project
GHG emission reductions or removals project
activities under the JCM (RoI para.4).
3.
Crediting period
The period in which verified emission reductions or
removals attributable to a JCM project can result in
the issuance of JCM credits from that JCM project.
The crediting period is either a fixed period of 10years or a renewable period of five (5) years which
may be renewed twice at the maximum, which does
not surpass the period of the JCM (RoI para.6).
4. 4Eligibility criteria
Eligibility criteria are requirements for the JCM
project defined in the JCM methodology and containthe followings:(a) Requirements for the project in order to beregistered as a JCM project;(b) Requirements for the project to be able to apply theJCM methodology.
The reference emissions are established in a mannerthat a proposed project contributes to the achievementof the latest nationally determined contributions of thehost country under the Paris Agreement.
6. 7Business-as-usual
Business-as-usual (BaU) emissions represent(BaU) emissions
plausible emissions in providing the same outputs orservice level of the proposed JCM project in the hostcountry.
7. 8Crediting threshold Crediting threshold is typically expressed as GHG
emissions per unit of output. A crediting threshold isestablished ex ante in the methodology applicable forthe same project type in the host country. It should also
be established conservatively in order to calculate
reference emissions below BaU emissions.
8. 9Emissions sources Those emissions sources and GHG types whoseand GHG types
emissions are significant and reasonably attributable
to the JCM project.
9. 1Sinks and GHG Those sinks and GHG types whose removals or0types
emissions are significant and reasonably attributable
to the JCM project.
10. 1Sectoral scope
The category of GHG source sectors or groups of1activities that apply to JCM projects. It is based on thesectoral scope for the CDM. A JCM project may fallwithin more than one sectoral scope.
11. 1Level of assurance Level of assurance is defined as degree of assurance
2the Joint Committee requires in a verification.
The level of assurance is used to determine the depthof detail that a verifier designs into their verification
5.

6Reference
emissions1

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Category

No.

Term

12. 1Materiality
3Governance

13. 1Each government
4

14. 1Joint Committee
5

15. 1JCM secretariat
6
16. 1Third-party entity
7

17. 1Project participant
8Documents/infrastructure

Definition
plan to determine if there are any material errors,omissions or misrepresentations.
Materiality is a concept that individual or theaggregation
oferrors,omissionsandmisrepresentations could affect the greenhouse gas
assertion and could influence the intended users'decisions.
Each government, based on the rules and guidelines asdeveloped by the Joint Committee and in accordancewith relevant domestic laws and regulations in
respective countries to the implementation of theJCM:(a) Establishes and maintains a registry in line with theCommon Specifications of the JCM Registry;(b) On the basis of notification for issuance of JCM
credits by the Joint Committee, issues the notified
amount of JCM credits to their respective registries.
Each government promptly informs the othergovernment of the issuance of JCM credits (RoIpara.14-15).
The Joint Committee consists of the representatives
from the Government of the Republic of Tunisia andthe Government of Japan.
The Joint Committee develops or modifies the rules
and guidelines necessary for the implementation of theJCM, approves proposed methodologies, designates
third party entities, registers JCM projects, andnotifies both governments to issue credits for a JCMproject.
The Joint Committee establishes its secretariat for theimplementation of the JCM. (RoI para.13).
A third-party entity is an entity designated by the Joint
Committee, based on the criteria and procedures
established by the “Joint Crediting Mechanism
Guidelines for Designation as a Third-Party Entity”,
as qualified to validate proposed JCM projects as wellas verify GHG emission reductions or removals.
A project participant is a government, private entity
and/or public entity involved to participate in a JCM
project which may develop and implement a JCM
project, monitor and report GHG emission reductions
or removals, and requests the Joint Committee tonotify each government to issue JCM credits.

Project Idea Note A Project Idea Note is a document which describes an(PIN)
overview of a planned project of project participants.
Upon decision by the Joint Committee on no objection
to the planned project, the project participants may
proceed to request for registration.
19. 1Methodology
A methodology applied to JCM projects for9
calculating emission reductions achieved by eachproject and monitoring the JCM project.
18.

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JCM_TN_Glossary_ver01.0
CategoryNo.

TermDefinition
A proposed methodology is a methodology that has
been submitted to the Joint Committee for approval. A
proposed methodology consists of proposed
methodology form and Proposed Methodology
Spreadsheet.
An approved methodology is a methodology that has
been approved by the Joint Committee for application
to JCM projects. An approved methodology consistsof an approved methodology document and aMonitoring Spreadsheet. Approved methodologies are
publicly available on the JCM website.
20. 2Proposed
A Proposed Methodology Spreadsheet is a part of a0Methodology
proposed methodology developed by methodology
Spreadsheet
proponents.
A Proposed Methodology Spreadsheet defines amonitoring plan and enables calculation of GHG
emission reductions automatically through inputting
values. The Proposed Methodology Spreadsheet
consists of an input sheet and calculation processsheet.
21. 2Monitoring
A Monitoring Spreadsheet is a part of an approved
1Spreadsheet
methodology.
The Monitoring Spreadsheet consists of a Monitoring
Plan Sheet (input sheet and calculation process sheet),
Monitoring Structure Sheet, and Monitoring Report
Sheet (input sheet and calculation process sheet). TheMonitoring Plan Sheet and Monitoring Structure
Sheet are used for developing a monitoring plan andcalculating emission reductions ex ante. TheMonitoring Report Sheet is used for preparing amonitoring report and calculating emission reductions
ex post. The Monitoring Plan Sheet and Monitoring
Report Sheet are prepared based on the Proposed
Methodology Spreadsheet and the Monitoring
Structure Sheet is added by the JCM secretariat after
the approval of the proposed methodology by the JointCommittee.
22. 2Project
design The document prepared by the project participant of a2document (PDD)
JCM project which sets out in detail the JCM project.
A Project design document (PDD) consists of acompleted PDD form and monitoring plan using aMonitoring Plan Sheet and Monitoring Structure
Sheet of the Monitoring Spreadsheet. The form ofPDD, Monitoring Spreadsheet, and guidelines on
preparing the PDD, are publicly available through theJCM website.
23. 2Monitoring planA monitoring plan sets out the methodology to be used
3by project participants for the monitoring of, and by
third-party entities for verification of the amount ofGHGs emission reductions achieved by the JCM
project. A monitoring plan is developed usingMonitoring Plan Sheet and Monitoring Structure
Sheet of Monitoring Spreadsheet.
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JCM_TN_Glossary_ver01.0
Category

No. Term
24. 2Monitoring report325. 2Registry426. 2JCM Credit
5Project cycle

Definition
A monitoring report is prepared by a project
participant and sets out the GHG emission reductionsof an implemented registered JCM project for aparticular monitoring period. A monitoring plan isprepared using a Monitoring Report Sheet of aMonitoring Spreadsheet.
Each government establishes a registry to record anduse JCM credits (RoI para.36).
Credits under the JCM are issued based on quantified
amount of GHG emission reductions or removals
achieved by project participants in the implementationof GHG emission reductions or removals project
activities under the JCM (RoI para.4).
The credits are measured in metric tonnes of carbon
dioxide equivalent (tCO2eq) in line with themethodologies and metrics assessed by theIntergovernmental Panel on Climate Change (RoIpara.36).

27. 2Modalities
of A modalities of communication statement (MoC)
6communicationfrom (or signed by) all project participants
statement (MoC)
participating in a JCM project, defined in a prescribedform, that designates one focal point entity tocommunicate on their behalf with the JCM secretariat
and the Joint Committee in line with establishedscopes.
28. 2Validation
Validation is the process of independent evaluation of
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a proposed JCM project by a third-party entity against
the Guidelines for Validation and Verification. (RoIpara.25).
29. 2Registration
Registration is the formal acceptance by the Joint
8Committee of a validated project as a JCM project(RoI para.28).
30. 2Monitoring
Project participants implement a JCM project and9monitor GHG emission reductions or removals by theJCM project based on the PDD (RoI para.32).
31. 3Verification
Verification is the periodic independent review and ex
0post determination of monitored GHG emissions
reductions or removals for a specific monitoring
period of a registered JCM project conducted by athird-party entity (RoI para.33).
32. 3Issuance
The action taken by each government to issue the1of JCM credits
JCM credits to its respective account in the registryin line with the notification of the Joint Committee.

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