Japan's First JI and CDM Projects Approved

On December 12, 2002, two projects were approved by Japan's Liaison Committee for Utilization of the Kyoto Mechanisms as the country's first Joint Implementation (JI) and Clean Development Mechanism (CDM) projects.

The first JI project will be implemented in Kazakhstan by Japan's New Energy and Industrial Technology Development Organization. It will replace an existing cogeneration power plant with a gas turbine cogeneration system that uses a heat recovery steam generator, which has proven highly efficient in Japan. The emissions reductions units resulting from this project are expected to be around 62,000 tons (CO2 equivalent) per year.

The project was approved on the condition that Kazakhstan conclude the Kyoto Protocol and become an Annex B country under the Kyoto Protocol .

Meanwhile, Japan's first CDM project will be for biomass-based steel production in Brazil, with investment funds coming from Toyota Tsusho Corporation. Certified emission reduction units from this project will be about 1.13 million tons (CO2 equivalent) per year.

The implementation of this project now requires the submission of a project design document to an operational entity for validation, as well as the approval of the host country.


- Japan to Obtain CO2 Emissions Credits from Kazakhstan Project (Related JFS article)
http://www.japanfs.org/db/49-j

Posted: 2003/06/20 09:31:07 AM
Japanese version