Joint Crediting Mechanism
The basic conception of the JCM
Facilitating diffusion of leading low carbon technologies, products, systems, services, and infrastructure a
The Joint Crediting Mechanism (JCM) Is a project-based bilateral offset crediting mechanism initiated by the govt. of Japan to facilitate the diffusion of LCT ( low-carbon technologies). KMS group services are Joint Crediting Mechanism (JCM)
The diffusion of leading low-carbon technologies and also the ensuing mitigation of gas emissions contribute to the property development of developing countries. So far, sixteen countries together with ten in Asia and also the Pacific region have launched the Joint Crediting Mechanism (JCM), with fifteen registered comes. funding underneath the JCM is provided through the govt. of Japan, related to organizations, and ADB.
1. dditionally as the implementation of mitigation actions, and contributory to property development of developing countries;
2. Appropriately evaluating contributions from Japan to GHG)emission reductions or removals throughout a quantitative manner, and use them to appreciate Japan’s emission reduction target;
3. Contributing to the last word objective of the UNFCCC by facilitating international actions for GHG emission reductions or removals
UNFCCC CDM/JI Consulting & Project Development
Being one of the oldest consulting and project development team in CDM and GHG projects, KMS involved in various CDM projects ,- UNFCCC CDM/JI Consulting & Project Development across the World as a Consultant and Developer since 2005.
In general the CDM project development and monetization process cycle consists of the following steps:
Review of the project activity and preparation of strategy.
Scope includes CDM/JI project development on carbon credit aspect, preparation of project design document, communication with DNA to receive Host country approvals, identification of third party validators and resolving non conformities.
Preparation of Project Idea Note.
In the meantime or before this stage, Host Country Approval letter is obtained for implementing the project in any particular country. This is called as Letter of Approval (LoA).
CDM DOE issues the audit findings after conducting the project site visit.
Audit findings are replied with relevant evidences and then CDM DOE may close all CAR’s and CL’s and uploads the Final Validation Report along with associated documentation to the UNFCCC CDM website. Alternatively CDM DOE may issue a negative opinion .carbon credit, CDM, CDM projects, Joint implementation projects, GHG emission, CDM project development, JI project development,Joint implementation projects Etc
VERRA-VCS/CCB/REDD+/JNR/SD VISta/Landscape Consulting & Project Development
KMS Group one of the oldest VERRA-VCS/CCB/REDD+/JNR/SD/VISta/Landscape Consulting & Project Development,we are involved in various VCS/VCS+CCB/REDD+/JNR/SD VISta/Landscape projects consulting & project development across the World since beginning of the VCS Program.
Scope includes Verra-VCS, CCB, REDD+, JNR, SD VISta project development on carbon credit aspect, preparation of project design document, identification of third party validators and resolving non conformities.In general project development and monetization process cycle under the VCS/CCB which are the most commonly used VERRA programs, consists of the following process steps:
Review of the project activity and preparation of strategy.
Decide whether to register the project as a single standalone VCS/CCB Project Activity or as a grouped project like Verra, VCS, GHG emission, VCS project development, Verra project development, CCBA, SDVISta, JNR, forestry projects, AFOLU projects where multiple project instances can be included in the group at a later stage during verification.
Preparation of Project Idea Note / Draft Project Document
The VCS registry system is a multi-registry system, comprised of a number of registry service providers and a central project database. Project developers open accounts and submit required documentation to their chosen VCS registry administrator to apply for project registration and issuance of Verified Carbon Units (VCUs). VCS registry administrators are responsible for uploading project information to the VCS project database and for issuing VCUs into their clients’ accounts. There may be VCS and Registry specific fees for various services. Please visit VERRA website here for additional information.
Gold Standard Consulting & Project Development
KMS group involved in various Gold Standard Consulting & Project Development across the World.Scope includes Gold Standard project development on carbon credit aspect, preparation of project design document along with SDG goals, identification of third party validators and resolving non conformities.
In general the GS project development and monetization process cycle consists of the following steps:
● Review of the project activity and preparation of strategy
● Decide whether to register the project as a single standalone GS Project Activity (GS-PA) or as a GS Programme of Activities (GS-PoA) where multiple project instances can be included in the PoA at a later stage.
● Preparation of Project Idea Note Gold Standard projects, GHG emission, GS project development, forestry projects, AFOLU projects, SDG goals
● Obtaining Host Country Approval letter is not necessary for GS projects.
● GS VVB issues the audit findings after conducting the project onsite audit.
● Audit findings are replied with relevant evidences and there after GS VVB may close all CAR’s and CL’s and issues the Final Validation Report to Project owner. Alternatively GS VVB may issue a negative opinion.
● Once the project documents are uploaded in the Registry system, GS may select the project for review. If the project is selected for review by GS, VVB along with the Project owner shall reply to GS findings and close all the GS findings satisfactorily.
● Once GS clears the project then it is registered with GS. GS rejection of the registration request is also a possibility.
● Adding of GS Programme Activity/ies (VPA/s) to the GS PoA after due audit by the GS VVB. GS rejection of the VPA addition request is also a possibility.
● One can go for only GS PA / GS PoA validation or validation + verification as may be necessary depending on the project circumstances and preference.
● If necessary GS labelling is done for CDM registered projects along with the above
