| The Japanese Government 
          shall actively undertake measures to reduce and limit global emission 
          of greenhouse gas by contributing to the early establishment of international 
          criteria through the promotion of Activities Implemented Jointly in 
          the pilot phase until (year 2000) such a time when the international 
          criteria for Joint Implementation shall be established. Especially, Japan 
          finds the importance in actively promoting AIJ projects mainly in the 
          Asiatic region where it has had strong and geographic affiliation and 
          in which a drastic increase in greenhouse gas emission is anticipated 
          in association with the rapid economic growth projected for future. The Japanese Government 
          shall undertake the following policies in order to support the measures 
          undertaken by industries, local governments and NGO, and promote the 
          informational exchanges with other nation Parties: 
         
           
            To hold workshops 
              domestically and internationally to promote the exchange of information 
              pertinent to the Activities Implemented Jointly.  
            In order to promote 
              projects carried principally by domestic entities, study various 
              incentives (for example, the budget appropriation for monitoring 
              and feasibility studies).  
            Plan to establish 
              "Forum to Promote Activities Implemented Jointly" which 
              will facilitate the exchange of opinions and information between 
              governments and project participating entities, in order to actively 
              advance the Japan Programme for the Activities Implemented Jointly. (On March 14 and May 
          16 of this year, the preparatory meetings for the establishment of the 
          Forum were held in Japan and the opinions were exchanged regarding the 
          future direction.) The date to commence 
          the invitation of applications for the Second Phase Projects and its 
          duration shall be discussed among the relevant ministries and agencies 
          in future.  
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