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| Japan Greenhouse Gas Reduction Fund (JGRF) is Japan's first carbon fund established in 2004 by a total of 33 entities (31 entities as of August 2011), and Japan Carbon Finance, Ltd. (JCF), established as of Nov. 25, 2004, is a company that uses the funds from JGRF to develop greenhouse gas reduction projects and to purchase CERs/ERUs credits for the first commitment period, between 2008 and 2012. In order to construct a well-balanced portfolio, JCF will purchase credits from a various sectors, such as renewable energy, energy savings, fuel switching, waste management, chemical industries, fugitives, etc. and various countries/regions. JCF will advise on how to develop and implement CDM/JI projects and offer financial support for the developing stages, such as to bear the cost for PDD preparation, validation, etc. | |||||||||||||
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Our Achievements
