Moldova, Japan to cooperate in climate change

Chisinau, 6 Sep. /MOLDPRES/- Moldova will be able to access funds to finance projects to develop a healthy and sustainable environment. Environment Minister Iuliana Cantaragiu and Ambassador of Japan to Moldova Yoshihiro Katayama signed today a Memorandum on activities of the Common Credit Mechanism (CMC).

The document sees cooperation between the governments of the two countries in climate change. CMC aims to implement modern services and systems to help reduce or eliminate greenhouse gas emissions.

"After signing the Memorandum, project proposals that generate emission reductions will be identified. They will be examined by a Joint Committee made up of representatives of both parties. By signing the document, we have to jointly develop environmental projects in forestry, waste management and water resources management. They will be monitored in a transparent and fair manner, contributing to the global reduction of greenhouse gas emissions. We have every confidence that the new mechanism will strengthen Moldovan-Japanese relations. We thank his excellency for the support given in the implementation of bilateral projects, by implementing them we will protect the environment and the climate for the next generations", said Cantaragiu.

For his part, Yoshihiro Katayama said that the assistance aims at promoting sustainable development and improving the lives of citizens. "Japan has supported projects for the modernization of medical and educational institutions, the technology of agriculture and the production of sustainable energy. Also, we have promoted beautiful initiatives in the field of culture and art. The memorandum signed today will expand cooperation in the field of climate change and environmental protection. Thus, the governments of the two countries will strengthen their actions to reduce gas emissions. The people and Government of Japan have always been with our friends from the Republic of Moldova because we share the same values", said Yoshihiro Katayama.

The budget and duration of the projects to be carried out will be set under a feasibility study, carried out by a group of experts.