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also supported technically and financially. Feasibility study and capacity building are supportedby full grant. The interaction between the Japanese government, partner country, the JCM Joint Committee and other stakeholderswhich include project participants, third- party entities, and the JointCommittee secretariat is illustrated inFig. 7.2. The Japanese and eachpartner countrygovernment forma JCMJointCommit- tee with Co-Chairs appointed by each side. Co-Chair from Japanese side is an official of the Embassy of Japan in the partner country, and Co-Chair from the partner country government usually is a representative of the signatory or host ministry. Host ministry from partner countries is typically the Ministry of the Environment or related, except for Indonesia (CoordinatingMinister ofEconomic Affairs), SaudiArabia (Ministry of PetroleumandMineral Resources), andPalau (Minister of Public Infrastructure, Industry and Commerce).2 The role of Joint Committee is similar to those of Executive Board of the Clean Development Mechanism (CDM). It develops and approves rules and procedures,MRVmeth- odologies, registers eligible projects, and approves request for credits issuance. The secretariat serves the JointCommittee to support these roles.The Japanese government appoints a private company as its secretariat for all partner countries. Most partner countries appoint an office under itsCo-Chairing hostministry,with mandates ranging from disastermanagement, natural resourcesmanagement, cli- mate change, sustainable development, to environmental conservation fund. In Indonesia and Mongolia, the Joint Committee established a dedicated entity to implement the JCM. Partner country secretariat collaborates with the Japanese secretariat in development of procedures anddocument reviews. Projectparticipants,whomaybeprivatecompanies,publicorganizations, foun- dations, or academic institutions from Japan and partner country establish a con- sortium, or a kind of joint venture, and propose projects jointly.3 The Japanese Fig. 7.1 The JCMschemebetween Japan andpartner country (Government of Japan, 2016) 2The JointCreditingMechanism (JCM)officialwebsite, https://www.jcm.go.jp/ 3GlobalEnvironmentCenterFoundation(GEC),secretariat for theFinancingProgrammeforJoint CreditingMechanism (JCM)Model Projects in FY2015. Financing Programme for JCMModel ProjectsPublicOfferingGuidelines (tentative translation).http://gec.jp/jcm/kobo/mp150907.html 7 Enhancing the JointCreditingMechanismMRVtoContribute toSustainable. . . 113