Recently, global interest about climate change has heightened and various initiatives are underway. In Japan, the Joint Crediting Mechanism (JCM) is actively being implemented as a countermeasure to climate change by the government leadership.
In 2019, as a measure to contribute to the reduction of GHG emissions, the Ministry of the Environment, Japan and the Global Environment Centre Foundation (GEC), the executive body, called for proposals from the public concerning the “the Financing Programme for JCM Model Projects
1” which aims to utilize excellent low-carbon technologies and lower GHG as well as to acquire JCM credit based on Japan’s contributions and five projects were selected in November. This project is implementing under the cooperation between the Government of Socialist Republic of Viet Nam and Japan.
Hitachi-Johnson Controls Air Conditioning was selected as the representative company for the project to introduce highly efficient air conditioners and air-cooled chillers in hotels and offices in Viet Nam. The expected annual amount of GHG to be reduced in this project is 2,661 ton of CO2.
"We will continue to contribute in help bringing about a sustainable society through our company’s technologies and highly efficient air conditioning systems," - said in Hitachi-Johnson Controls Air Conditioning.
1 Ministry of the Environment, Japan has been implementing the “JCM Model Projects,” which provides financial supports covering up to half of the initial investment costs. The purpose of this model projects is to financially support the implementation of projects which reduce GHG emissions by utilizing leading low carbon technologies in developing countries, and in return, to acquire JCM credits for achievement of Japan’s GHG emission reduction and the partner countries emission reduction target.
