India and Japan Sign MoC on Joint Crediting Mechanism for Climate Action
The Ministry of Environment, Forest and Climate Change of India has signed a Memorandum of Cooperation with Japan on the Joint Crediting Mechanism (JCM) under the Paris Agreement. This agreement aims to enhance investment flow, technology transfer, and capacity building for low carbon technologies, facilitating international trading of carbon credits. It marks a significant step in India's commitment to climate action and achieving net-zero emissions by 2070.
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