June 16, 2026 4:45 PM
India, Japan adopt implementation rules for Joint Crediting Mechanism under Paris Agreement
India and Japan have adopted the Rules of Implementation for the Joint Crediting Mechanism (JCM) under Article 6.2 of the Paris Agreement, marking a key step in bilateral cooperation on climate action and carbon market mechanisms. The rules, adopted on June 8, provide the operational framework for implementing the mechanism, which aims to support projects that reduce or remove greenhouse gas emissions while contributing to the climate goals of both countries and advancing sustainable developmen...