Tashkent, Uzbekistan (UzDaily.com) —  A meeting was held at the Ministry of Economy and Finance of the Republic of Uzbekistan with representatives of the Japanese company Sojitz Corporation to discuss the implementation of projects under the Joint Crediting Mechanism (JCM).

The meeting was attended by Yusuke Mizuno, Assistant Manager of Sojitz Corporation, Akbarjon Akramov, Business Development Manager, as well as representatives from the Department of Green Economy Development of the Ministry.

The main objective of the meeting was to discuss the current status and prospects of the projects that Sojitz Corporation plans to implement jointly with the Ministry of Economy and Finance and the Ministry of Energy of the Republic of Uzbekistan.

The foreign side proposed implementing projects aimed at expanding the use of renewable energy sources and reducing greenhouse gas emissions in Uzbekistan under the JCM framework.

Ministry representatives expressed their readiness to support projects aimed at reducing greenhouse gas emissions and indicated their intention to consider such projects in accordance with the procedures developed under the JCM.

As a result of the negotiations, the parties agreed to establish cooperation within the JCM framework and continue discussions on potential projects.