Quantification of Greenhouse Gas (GHG) Emission Reductions Based on the “J-MRV Guidelines”
JBIC publishes the amount of GHG emission cuts that were achieved by its renewable energy projects as outlined below. The amount of emission cuts indicated in the below table is calculated based on the Guidelines for Measurement, Reporting and Verification of Greenhouse Gas (GHG) Emission Reductions in JBIC's GREEN Operations (the "J-MRV Guidelines").
As of March, 2023
| Signing date of Agreement |
Country/ Region |
Borrower/ Investee |
Use of Loans | Amount of loan/ equity participation |
Total No. of verified sub-loans |
Total Amount of Reduced emissions (CO2t/year) |
|---|---|---|---|---|---|---|
| Nov. 2010 | Turkey | Denizbank A.S. （co-finance with EBRD ） |
- Renewable Energy Projects - Energy Efficiency Projects |
12 (mil USD)*1 | 103 | 67,862 |
| Mar. 2011 | Brazil | BNDES | - Renewable Energy Projects | 180 (mil USD)*1 | 7 | 113,568 |
| Mar. 2011 | Latin America | CAF | - Renewable Energy Projects | 180 (mil USD)*1 | 2 | 478,156 |
| Mar. 2011 | India | ICICI | - Renewable Energy Projects - Energy Efficiency Projects |
120 (mil USD)*1 | 8 | 801,898 |
| Oct. 2011 | Mexico | BANCOMEXT | - Renewable Energy Projects | 60 (mil USD)*1 | 2 | 232,342 |
| Dec. 2011 | Latin America | BCIE | - Renewable Energy Projects | 60 (mil USD)*1 | 3 | 147,665 |
| Dec. 2011 | South Asia | GEF (SACEF, L.P.) | - Renewable Energy Projects - Energy Efficiency Projects |
20 (mil USD)*2 | 4 | 267,418 |
| Feb. 2012 | India | ICICI (2nd) | - Renewable Energy Projects - Energy Efficiency Projects |
180 (mil USD)*1 | 7 | 284,661 |
| Oct. 2012 | Brazil | Petróleo Brasileiro | - Cogeneration Plant Project - Flare Gas Reduction Project |
600 (mil USD)*1 | 1 | 1,926,474 |
| Mar. 2013 | Turkey | TKB | - Renewable Energy Projects - Energy Efficiency Projects |
60 (mil USD)*1 | 7 | 81,170 |
| Mar. 2013 | Turkey | Denizbank A.S. (co-finance with EBRD) (2nd) | - Renewable Energy Projects - Energy Efficiency Projects |
15 (mil USD)*1 | 71 | 318,082 |
| Mar. 2013 | India | ICICI (3rd) | - Renewable Energy Projects - Energy Efficiency Projects |
45 (mil USD)*1 | 3 | 58,651 |
| July. 2013 | Mexico | Balam Fund I, L.P. | - Renewable Energy Projects | 40 (mil USD)*2 | 3 | 116,440 |
| Mar. 2014 | Brazil | BNDES (2nd) | - Renewable Energy Projects | 150 (mil USD)*1 | 11 | 194,659 |
| Mar. 2014 | India | IDFC LIMITED | - Renewable Energy Projects | 45 (mil USD)*1 | 1 | 40,095 |
| July. 2014 | Mexico | BANCOMEXT (2nd) | - Renewable Energy Projects - Energy Efficiency Projects |
50 (mil USD)*1 | 3 | 328,902 |
| Jan. 2015 | Jordan | Shams Ma'an | 77 (mil USD) | 1 | 109,791 | |
| Mar. 2015 | Brazil | BNDES (3rd) | - Renewable Energy Projects | 75 (mil USD)*1 | 1 | 84,008 |
| Mar. 2015 | Turkey | TKB (2nd) | - Renewable Energy Projects - Energy Efficiency Projects |
75 (mil USD)*1 | 19 | 295,638 |
| Mar. 2015 | Turkey | TSKB | - Renewable Energy Projects - Energy Efficiency Projects |
75 (mil USD)*1 | 16 | 410,326 |
| Mar. 2015 | South Africa | SBSA | - Renewable Energy Projects | 125 (mil USD)*1 | 1 | 6,161 |
| Dec. 2015 | Brazil | BNDES (4th) | - Renewable Energy Projects | 50 (mil USD)*1 | 1 | 99,966 |
| Mar. 2016 | Netherlands | Clusius C.V. | - Q10/Luchterduinen offshore wind farm |
244 (mil EUR) | 1 | 286,209 |
| Mar.2016 | Mexico | BANCOMEXT (3rd) | - Renewable Energy Projects - Energy Efficiency Projects |
50 (mil USD)*1 | 2 | 513,242 |
| Apr. 2016 | Latin America | CAF(2nd) | - Renewable Energy Projects - Energy Efficiency Projects |
50 (mil USD)*1 | 1 | 199,401 |
| Sep. 2017 | India | SBG Cleantech ProjectCo Private Limited | - Renewable Energy Projects | - | 1 | 631,724 |
| Dec. 2017 | Egypt | Ras Ghareb Wind Energy SAE | - Onshore Wind Power Generation Project | 192 (mil USD) | 1 | 578,953 |