OUTCOME OF THE FORUM ON PROMOTING ARTICLE 6 BUSINESS ENGAGEMENT AND MATCHMAKING THROUGH THE JOINT CREDITING MECHANISM (JCM) IN MONGOLIA

TOKYO, March 9 -- Ministry of the Environment issued the following news:

Outcome of the Forum on Promoting Article 6 Business Engagement and Matchmaking through the Joint Crediting Mechanism (JCM) in Mongolia 1．　The Ministry of the Environment (MOE) of Japan, in collaboration with the Ministry of Environment and Climate Change (MECC) of Mongolia and other partners, held the "Forum on Promoting Article 6 Business Engagement and Matchmaking through the Joint Crediting Mechanism (JCM) in Mongolia" on February 27, 2026, in Ulaanbaatar, Mongolia.

2．　The forum was held with the aim of promoting private sector business participation in the Mongolian carbon market through JCM projects and facilitating matchmaking for JCM projects. In addition, toward operationalizing cooperative approaches referred in Article 6 of the Paris Agreement, the forum promoted mutual understanding and practical exchange of views between the governments and private sectors of both countries.

3．　In the presentation session by private companies and other organizations, various technology introduction cases and projects were presented, such as a financial support scheme by the Asian Development Bank, the construction of optimal waste management systems including waste-to-energy, agrivoltaics, district heating networks, ground-source and solar hybrid heat pumps, and grassland restoration through rotational grazing. In the subsequent business matchmaking session, companies, government officials, and international organizations from both countries participated and exchanged views on the possibility of JCM project development through individual consultations.

4．　In the bilateral meeting held prior to the forum, in light of the 17th session of the Conference of the Parties (COP17) to the United Nations Convention to Combat Desertification (UNCCD) to be hosted by Mongolia, the two countries agreed to aim for the authorization of "internationally transferred mitigation outcomes (ITMOs)," which are credits aligned with the Paris Agreement and would be the first for the country. Detailed discussions were held at the practical level regarding the acceleration of project authorization procedures based on the "Climate Change Law" currently being drafted by Mongolia, and the construction of an MRV system utilizing digital technologies.

5．　MOE Japan will continue to work toward promoting and accelerating the utilization of the JCM and will contribute to Mongolia's decarbonization and the steady implementation of Article 6 of the Paris Agreement through the formation and implementation of tangible projects in the country.

*　Date and Time: February 27, 2026, 9:45 - 17:30 (Local Time)

*　Venue: Ulaanbaatar Hotel (Ulaanbaatar, Mongolia)

*　Format: In-person and Online (Hybrid)

*　Organizers: Ministry of the Environment (MOE), Japan; Ministry of Environment and Climate Change (MECC), Mongolia; Ministry of Energy (MoE), Mongolia

*　Co-organizers / Partners:

　　　*　Institute for Global Environmental Strategies (IGES) / Article 6 Implementation Partnership (A6IP) Center

　　　*　Overseas Environmental Cooperation Center, Japan (OECC)

　　　*　JCM Implementation Agency (JCMA)

　　　*　JICA Mongolia Office

　　　*　The Business Council of Mongolia

　　　*　Mongolian Chamber of Commerce and Industry Japan

　　　*　UNDP Mongolia Office

*　Participants: Representatives from the Japanese and Mongolian governments, private companies, etc.

　　　*　Total: Approximately 360 (approx. 205 in-person, 155 online)

*　Language: English and Mongolian

*　Presentation Materials: https://a6partnership.org/training-events/forum-on-promoting-article-6-business-engagement-and-matchmaking-through-jcm-in-mongolia

Time Program Speakers and Presenters

9:00 Participant registration

09:45-10:00 Opening remarks Mr.Bat-Ulzii B,

Director General, Policy planning department,

MECC

Opening remarks Mr. Kondo Kazumasa,

Deputy chief of Mission,

Embassy of Japan in Mongolia

Opening remarks Mr. Tatsuya Yanase

Director for Sustainable Infrastructure,

Office of Director for International Cooperation for Transition to Decarbonization and sustainable Infrastructure, MOEJ

10:00-10:20 Japan's Approach to Article 6: The Role of the Joint Crediting Mechanism and Its Latest Progress Mr. Keitaro Tsuji,

Director, JCM Office,

MOEJ (Online)

10:20-10:40 Mongolia's Participation in Article 6 and its expected contribution to NDC ambition - Use of Article 6 under the NDC Action Plan and Article 6.2 authorization criteria and process Ms. Narangaravuu Altangerel, Senior analyst, Policy planning department, MECC

10:40-10:55 The current policy framework and renewable energy development Mr. Ariunbold Sukhbaatar,

Senior Analyst, Policy and Planning Department,

Ministry of Energy

10:55-11:00 Photo Session

11:00-11:15 Coffee Break

11:15-11:30 Overview of the international carbon markets and the JCM implementation in line with Article 6 Mr. Natsuru Tada,

A6IP/IGES

11:30-12:00 Q&A

12:00-12:45 Company Presentations: JCM-Relevant Project Concepts from Japan and Mongolia (Part 1)

This session will showcase concrete project examples and technologies from both Japanese and Mongolian companies that are well-suited for implementation under the JCM. Presentations on project examples: approximately 15 minutes from each project

12:00-12:15 Japan Fund for the Joint Crediting Mechanism (JFJCM) - Mr. Shohei Okano,

Asian Development Bank

-Mr. Altai Erdenebaatar,

Ministry of Energy, Mongolia

12:15-12:30 For Greener Future in Mongolia Mr. Erdembileg Tsedev,

Naanovo Green Energy Mongolia LLC

12:30-12:45 Toward Triple Benefits for Air, Climate, and Land in Ub: A Hybrid Waste Treatment System Optimized by Composition Data Mr. Kenichi Maekawa,

EX Research Institute Ltd.

*Online

12:45- 13:40 Networking Lunch

13:40-13:55 Company Presentations: JCM-Relevant Project Concepts from Japan and Mongolia (Part 2) Presentations on project examples: approximately 15 minutes from each project

13:40-13:55 Overview of MC's initiative under JCM Mr. Yoshihiko Akiyama,

Mitsubishi Corporation

13:55-14:10 Supporting Agriculture with Solar Energy (Solar Farm(R) Project in Mongolia) Mr. E.Munkhbayasgalan,

Everyday Farm LLC

14:10-14:25 Introduction of Distributed Heat Sources for Peak Load Operation in Ulaanbaatar's District Heating System Mr. Tsogoo Ulziisaikhan,

Ulaanbaatar District Heating Company

14:25-14:40 Proposal for Introducing Ground-Source Heat Pump Heating Systems in Mongolia Mr. Yoshiro SHIBA,

Zeneral Heatpump Industry CO., Ltd.

*Online

14:40-14:45 Key Takeaways and Session Summary Summary of key opportunities and matching potentials Mr. Natsuru Toda,

A6IP/IGES

14:45-14:50 Guidance for business matching and individual meetings Ms. Haruka Aoki,OECC

14:50-15:00 Coffee Break

15:00-17:30 Business Matching and Individual Meetings Moderated by Ms. Haruka Aoki, OECC

1.　Asian Development Bank (ADB) / Ministry of Energy, Mongolia - Introduction of JFJCM and Case Studies in Mongolia

* The Asian Development Bank (ADB) provided the overview of the "Japan Fund for the Joint Crediting Mechanism (JFJCM)," a program through which the ADB provides financial support for JCM projects involving the introduction of advanced low-carbon technologies, and noted that two projects are currently underway in Mongolia.

* Subsequently, the Ministry of Energy of Mongolia introduced one of these projects: a 5MW solar power and 3.6MWh battery storage installation in Uliastai, emphasizing its stable operation even under Mongolia's harsh weather conditions.



2.　Naanovo Green Energy Mongolia LLC - Urban Environmental Improvement through Waste-to-Energy

* A plan to develop a waste-to-energy facility was introduced as a means to improve the current environmental pollution caused by large-scale and improper landfilling of waste in Ulaanbaatar. A waste composition survey conducted in cooperation with EX Research Institute confirmed power generation potential, and expectations were expressed for two types of greenhouse gas reduction efforts: the transition from coal to renewable energy and the reduction of methane emissions from landfill sites.



3.　EX Research Institute Ltd. - Hybrid Waste Management System based on Composition Survey Results

* The waste composition survey in Ulaanbaatar, conducted with Naanovo, confirmed a waste composition capable of power generation. However, it was also revealed that the high proportion of coal ash in the Ger areas during winter is unsuitable for incineration, highlighting regional and seasonal variations as a critical challenge.

* Consequently, a "hybrid treatment system" was proposed, directing combustible waste to waste-to-energy facilities while routing ash-mixed waste to sanitary landfills or recycling. The importance of continuous data acquisition for measuring greenhouse gas reductions and policy support to ensure the proper operation of waste-to-energy facilities was also stated.



4.　Mitsubishi Corporation - Sustainable Grazing Management utilizing Satellite Data

* To address grassland degradation in Mongolia, a proposal for a rotational grazing project utilizing the JCM was introduced. This project aims to restore grasslands and increase soil carbon sequestration by systematically managing grazing periods and areas. A methodology was presented to efficiently monitor and report changes in carbon storage by combining satellite remote sensing with on-site soil sampling.

The initiative was introduced as an effort to achieve both ecosystem conservation and improved sustainability for local communities based on livestock grazing through the restoration of grasslands.



5.　Everyday Farm LLC - Solar Farm integrating Greenhouse Cultivation and Solar Power

* A case study of a "Solar Farm" project implemented in Ulaanbaatar utilizing the JCM, which combines 12.7MW solar power equipment with greenhouses, was introduced. This project is a model that simultaneously performs power generation and agricultural production, characterized by balancing energy and food supplies.

In addition to an annual CO2 reduction of approximately 21,000 tons, the project contributes to reducing coal consumption and conserving water resources. Financially, a co-financing scheme involving the Japan Bank for International Cooperation (JBIC) and Towa Bank was utilized, demonstrating a financial model where government-affiliated and regional financial institutions collaborate.

* Furthermore, for the future development of the JCM in Mongolia, it was stated that simplifying the approval process for small- and medium-sized projects is essential.



6.　Ulaanbaatar District Heating Company - Winter Peak Load Measures through Distributed Heat Sources

* To address the heat supply shortage in Ulaanbaatar, where demand exceeds supply capacity by more than 40%, a proposal to construct a distributed heat source network operating exclusively during winter peak periods was presented. By supplementing the existing centralized heating system during extreme cold periods when temperatures drop below -11degC, the plan aims to stabilize supply.

It was also stated that expanding heat supply capacity would promote a transition from coal-fired heating in households to centralized heating in apartments and other buildings, contributing to improved air pollution by reducing the number of chimneys in the city.



7.　Zeneral Heatpump Industry Co., Ltd. - Ground-Source and Solar Hybrid Heat Pumps for Extreme Cold Regions

* The results of a demonstration project at Mongolia's School No. 121 were presented regarding a heat pump system utilizing ground-source and solar heat, which has an established track record in Hokkaido, Japan. High environmental performance was demonstrated by replacing traditional coal boilers, resulting in an approximately 89% reduction in SO2 emissions and an approximately 84% reduction in CO2 emissions. The system adopts a mechanism that stores solar heat underground during summer for use in winter, enabling a stable heating supply even during extreme cold periods.

A framework for remote monitoring and operational support from Japan via the internet was also introduced.

* On February 26, 2026, the bilateral meeting was held at Ulaanbaatar Hotel in Mongolia, aimed at materializing JCM projects and accelerating the implementation of Article 6 of the Paris Agreement. In addition to the Ministry of the Environment of Japan, the Ministry of Environment and Climate Change of Mongolia, and the Ministry of Energy of Mongolia, a Japanese company and supporting organizations promoting or considering JCM projects participated in the working-level consultations. .

Regarding projects, presentations were given by a Japanese company and a supporting organization on renewable energy with battery storage and grassland restoration through rotational grazing, followed by active discussions with both governments toward further project promotion using the JCM scheme.

During the intergovernmental consultations, the Mongolian government provided an update on the outlook for enacting the country's Climate Change Law and the status of developing the national registry and MRV system. Additionally, new JCM rules and guidelines were confirmed between the two countries.

With a view to the 17th session of the Conference of the Parties (COP17) to the United Nations Convention to Combat Desertification (UNCCD) to be hosted by Mongolia, intensive discussions were held on an action plan for the early issuance of "internationally transferred mitigation outcomes (ITMOs)" which would be the first Paris Agreement-aligned credits for the country.

　　　　　　　　　　　　

Contact Office for the Joint Crediting Mechanism and International Carbon Market, Global Environment Bureau, Ministry of the Environment, Japan

Direct number +81-3-5521-8246

E-mail jcm-contact@env.go.jp

Disclaimer: Curated by HT Syndication.