Joint Crediting Mechanism

India Advocates Joint Crediting Mechanism for Global Climate Action at CoP30

At the 11th Joint Crediting Mechanism (JCM) Partner Countries’ Meeting during UNFCCC CoP30 in Belém, Brazil, Indian Minister Shri Bhupender Yadav emphasized the JCM as a vital tool for equitable and scalable climate action. He highlighted its role in supporting India's Nationally Determined Contributions (NDCs) and fostering bilateral

India

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.