India and Japan have pressed for a broader role for the Joint Crediting Mechanism (JCM) as a central tool for scaling fair and technology-driven climate action at COP 30. Environment Minister Bhupender Yadav made the case during a meeting of the JCM’s 11th partner-country gathering in Belém, Brazil, arguing that the scheme offers a practical blueprint for climate cooperation while advancing development.
Under the JCM, nations partner with Japan to deploy low-carbon technologies, generate emissions reductions, and share credits across borders. As of August 2025, 31 countries, including India, are formally participating.
According to the Japanese Ministry of the Environment, more than 270 projects have already been approved under the mechanism.
At the Belém meeting, hosted by Japan’s environmental ministry and chaired by officials including Hirotaka Ishihara, member states reviewed progress and discussed expansion. Ishihara said Japan is ready to deepen capital commitments, lift barriers to entry, and enhance capacity building for partner nations.
Yadav emphasized that the JCM closely aligns with Article 6 of the Paris Agreement, which enables cooperative approaches for emissions trading and crediting. He highlighted that the bilateral partnership allows private companies and governments to jointly invest in green technology, finance projects, and allocate emissions reductions transparently.
In India’s eyes, the JCM dovetails with its own climate objectives: the credits generated under the mechanism support its Nationally Determined Contributions (NDCs) and long-term low-emission strategy. Yadav pointed to key sectors like green hydrogen, renewable energy with storage, sustainable aviation fuel, and green ammonia as priorities for collaboration.
India is also building out its domestic infrastructure to support Article 6 cooperation: its Bureau of Energy Efficiency is developing a carbon-market portal that will feature a dedicated module for JCM activities, promising greater transparency and streamlined project development.
Read more: India And Japan Forge Climate Partnership Through Joint Credit Mechanism
