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Joint Crediting Mechanism
November 25 , 2025
15 hrs 0 min
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- India highlighted that the Joint Crediting Mechanism (JCM) is an important tool for fair and scalable global climate action at COP30 in Belém, Brazil.
- Japan has informed that the JCM now includes 31 partner countries and 280+ projects under Article 6 of the Paris Agreement.
- India and Japan signed a Memorandum of Cooperation (MoC) on the JCM.
- The mechanism will support sectors like renewable energy with storage, green hydrogen, green ammonia, sustainable aviation fuel, and technologies for the steel and cement industries.
- India is preparing the Rules of Implementation for the JCM and creating a dedicated section on the Indian Carbon Market portal.
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