THE MINISTRY OF NATURAL RESOURCES AND ENVIRONMENT 
 
No. 17/2015/TT-BTNMT
THE SOCIALIST REPUBLIC OF VIETNAM 
Independence - Freedom - Happiness

 
 Hanoi, April 6, 2015
 
CIRCULAR
Prescribing the formulation and implementation of projects under the joint crediting mechanism within the Vietnam-Japan cooperation framework
 
Pursuant to June 14, 2005 Law No. 41/2005/QH11 on Conclusion, Accession to and Implementation of Treaties, of the National Assembly of the Socialist Republic of Vietnam;
Pursuant to the Government’s Decree No. 21/2013/ND-CP of March 4, 2013, defining the functions, tasks, powers and organizational structure of the Ministry of Natural Resources and Environment;
Pursuant to the July 2, 2013 Memorandum of Vietnam-Japan Cooperation on Low Carbon Growth;
At the proposal of the Director of the Hydrometeorology and Climate Change Department and the Director of the Legal Department;
The Minister of Natural Resources and Environment promulgates the Circular prescribing the formulation and implementation of projects under the joint crediting mechanism within the framework of Vietnam-Japan cooperation on low carbon growth.
Chapter I
GENERAL PROVISIONS
Article 1. Scope of regulation
This Circular prescribes activities related to the formulation, registration and implementation of projects under the joint crediting mechanism within the framework of the Memorandum of Vietnam-Japan Cooperation on Low Carbon Growth.
Article 2. Subjects of application
This Circular applies to agencies, organizations and individuals involved in the formulation, registration and implementation of projects under the joint crediting mechanism within the framework of the Memorandum of Vietnam-Japan Cooperation on Low Carbon Growth.
Article 3. Interpretation of terms and abbreviations
In this Circular, the terms below are construed as follows:
1. Greenhouse gases mean gases in the atmosphere that cause the global warming, including:
a/ Carbon dioxide (CO2);
b/ Methane (CH4);
c/ Nitrous oxide (N2O);
d/ Hydrofluorocarbons (HFCs);
dd/ Perfluorocarbons (PFCs);
e/ Sulfur hexafluoride (SF6);
g/ Nitrogen trifluoride (NF3).
2. Joint crediting mechanism (JCM) means a mechanism within the framework of the Vietnam-Japan cooperation on low carbon growth aiming to facilitate the investment, transfer and diffusion of technologies, products, systems, services and infrastructure emitting low carbon in different fields toward low carbon growth in Vietnam, support the realization of Japan’s international commitments on efforts to reduce greenhouse gas emissions, and contribute to international common goals in climate change response.
3. Joint Committee means a committee consisting of representatives of Vietnam and Japan that directs, coordinates and manages JCM implementation activities under the Memorandum of Vietnam-Japan Cooperation on Low Carbon Growth.
Members of the Joint Committee include representatives of Vietnam and Japan. The Joint Committee shall be led by two co-chairpersons being representatives of Vietnam and Japan. The Vietnamese side’s members of the Joint Committee include the co-chairperson being a Deputy Minister of Natural Resources and Environment and representatives of related ministries and sectors.
 
 
[1] Công Báo Nos 537-538 (04/5/2015)