• Українською
  • Ukraine joins Japan’s Joint Crediting Mechanism

    The programme aims to disseminate world-leading technologies for the decarbonisation of various sectors of the economy through investments by Japanese organisations.

    The Memorandum of Cooperation under Article 6 of the Paris Agreement was signed by Ruslan Strilets, Minister of Environmental Protection and Natural Resources of Ukraine, and his Japanese counterpart Shintaro Ito during the visit of the government delegation led by Prime Minister of Ukraine Denys Shmyhal to Tokyo to participate in the Japan-Ukraine Conference for Promotion of Economic Growth and Reconstruction.

    What does this mean for Ukraine?

    Firstly, access to Japanese technologies for green recovery. In addition, support in dealing with the consequences of russia’s armed aggression.

    “Together with Japan, we will work on the implementation of climate-friendly projects, the restoration of de-occupied regions using green technologies, the reduction of emissions, the achievement of the Nationally Determined Contribution (part of the reduced emissions in Ukraine will be transferred to Japan, and part will remain in Ukraine to achieve the NDC),” said Ruslan Strilets.

    According to the Minister, the mechanism is already operating in 28 countries. Over the 10 years of its operation, 236 projects have been registered, of which 157 have been commissioned. For example, JCM programmes have implemented renewable energy projects in Chile and Thailand, waste management projects in Mexico and Myanmar, logistics projects in Indonesia, etc.

    In total, Ukrainian and Japanese officials signed 56 documents today in Tokyo as part of the Conference for Promotion of Economic Growth and Reconstruction. These include intergovernmental agreements, memorandums, and agreements between businesses and local authorities.

    Ruslan Strilets thanked Japan for its long-term cooperation and support during the war and expressed confidence that joint projects between the two countries will flourish well into the future.