Role of market mechanisms and scale-up of the JCM
to promote NDC implementation in Thailand

Accelerating the Joint Crediting Mechanism (JCM)
to support NDCs implementation– Project scale-up and stakeholder collaboration –4 December 2019

Thailand Greenhouse Gas Management Organization (Public Organization): TGO

Thailand’s GHG Mitigation goalPre-2020

 Nationally Appropriate Mitigation Actions (NAMAs)“Thailand will endeavor, on a voluntary basis, to reduce its GHG
emissions in the range of 7 to 20 percent below the Business as Usual(BAU) in energy and transportation sectors by 2020, subject to the levelof international support provided […]”
Coverage:

REEE

Bio-fuels

TransportPost-2020

 Intended Nationally Determined Contribution (INDC)“Thailand intends to reduce its greenhouse gas emissions by 20 percent
from the projected business-as-usual (BAU) level by 2030. The level ofcontribution could increase up to 25 percent, subject to adequate andenhanced [support] through a balanced and ambitious global agreement[…]”
Coverage:

Economy-wide

Inclusion of LULUCF will be decided later

Thailand Greenhouse Gas Management Organization (Public Organization): TGO2

Thailand’s GHG mitigation goalGreenhouse gas emission (ktCO2e)

Nationally Determined Contributions :NDC)

coverd byEnergy,transport
waste andIPPU sectors* Agricultureand Forestry
sectors areunder studied.

Thailand Greenhouse Gas Management Organization (Public Organization): TGO

3

Joint Crediting Mechanism (JCM)
Implement jointly by both country
Promote to diffuse leading low carbon technologies, products, etc.
Evaluating GHG emission reductions by measurement, reporting and verification(MRV)

Thailand Greenhouse Gas Management Organization (Public Organization): TGO

4

Joint Crediting Mechanism (JCM)
use conservative baseline called “reference emissions”

Start of project operation

GHG emissions
from sources coveredby a project

Likely range of BaU emissions

Reference Emissions
Emission Reductions (credits)

Project emissions

TimeThailand Greenhouse Gas Management Organization (Public Organization): TGO

5

Thailand Proposal on Policy Analysis Activities

Bilateral Cooperation on the JCM for the Low Carbon GrowthPartnership between Japan and the Kingdom of Thailand,
19th November 2015

Thailand Greenhouse Gas Management Organization (Public Organization): TGO

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Proposal on Policy Analysis Activities
1 Thailand
JCM Model Projects

Project type

Number of projects

GHG reduction (tCO2/y)energy demand

1988,802energy industries

1185,29430

174,096

number of project categorized by technology

12121191124335

solar power
air conditioning
chillerrefrigerator
co-generation
waste heat recovery
heat pump
boilerair-saving loom
ion exchange membranelighting
biomass
electric vehicle
hybrid RTG

Thailand Greenhouse Gas Management Organization (Public Organization): TGO

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Role of JCM in achieving NDC target
Environmental integrity
Robustaccounting

avoid double counting by issuing credit in separate registry i.e.
Issued Credit(tCO2)

Registry of theThai side

Registry of theJapanese Side

1005050Emission Emission (emission +50)

(emission -50)

Corresponding
adjustment

Quality ofunits- 1 tCO2eq directly leads to an emission reduction of at least 1tCO2eq in the transferring country- permanent

Scope ofNDC target

JCM activities is covered by Thailand’s NDC that is economy wide.

Thailand Greenhouse Gas Management Organization (Public Organization): TGO

8Thailand’s GHG mitigation plan
Activities

Emission reduction
MtCO2% ofcontribution*

NDC (2030)

JCM (2019)

Renewable energy-- biomass

64.940.036

0.06/2+

Renewable energy-- solar

4.93

0.052

1.06/2+

Energyconservation infactory andbuilding

5.86

0.085

1.45/2+* At least 50% of credits must be allocated to the Japanese side.

Thailand Greenhouse Gas Management Organization (Public Organization): TGO

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JCM F-gas Recovery Destruction Model Project
Project on Introduction of Scheme for Fluorocarbons Recovery
and Destruction with Utilization of Existing Waste Incineration
Plant

Incinerator

Thailand Greenhouse Gas Management Organization (Public Organization): TGO

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Thailand Greenhouse Gas Management Organization(Public Organization): TGO
The Government Complex, Ratthaprasasanabhakti Bldg.,
9th Fl., 120 Chaengwattana Rd., Laksi, Bangkok 10210
paweena@tgo.or.th