Joint Crediting Mechanism

In 2013, the Governments of Mongolia and Japan signed a bilateral document called “Low Carbon Development Partnership” within the Joint Crediting Mechanism (JCM) which is Japan’s initiative in pursuit of the ultimate objective of the UNFCCC. Mongolia has four registered JCM projects in the energy sector with total emission reduction of 13,465 tCO2 per year which are equivalent to 157 CERs in total.

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