Continuous contribution in greenhouse gas (GHG) emission reduction
- Nov. 30, 2020
- Commercial Air Conditioning & Refrigeration
- India and Asia
Written by Hitachi-Johnson Controls Air Conditioning Communications Staff
To appropriately evaluate greenhouse gas (GHG) emission reduction contributions from Japan, Japan has established and implemented the Joint Crediting Mechanism (JCM) in collaboration with developing countries. Ministry of the Environment, Japan (MOEJ) has been leading the initiative by implementing JCM Model Projects*1, and the preliminary selection result for Financing Programme for JCM Model Projects in fiscal year 2020 was announced in July, 2020 by the Global Environment Centre Foundation (GEC) which has been serving as an implementing organization for the financing programme.
Among the first selection of 10 projects, Hitachi-Johnson Controls Air Conditioning was selected as the representative participant for the project “Introduction of High Efficiency Air-conditioning System to Hotel in Ho Chi Minh City” in Viet Nam. The expected annual amount of GHG to be reduced in this project is 184 ton of CO2. This project is implementing under the cooperation between the Government of Socialist Republic of Viet Nam and Japan.
We will continue to contribute in help bringing about a sustainable society through our company’s technologies and highly efficient air conditioning systems.
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*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 or decarbonizing 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.