Joint Crediting Mechanism (JCM)

Japan and the Republic of the Philippines signed Aide Memoire on the JCM

Dec 7th, 2015

On December 7th, 2015, Ms. Tamayo Marukawa, Minister of the Environment, Japan and H.E. Ramon J. P. Paje, Secretary, Department of Environment and Natural Resources, the Republic of the Philippines signed the Aide Memoire on the Joint Crediting Mechanism (JCM) in Paris, France. Both countries will strive to concur on the Memorandum of Cooperation as soon as their domestic legal requirements and regulations are fully complied with.