India and Japan adopt rules for Joint Crediting Mechanism under Paris Agreement Article 6.2
Key facts
- India and Japan adopted the Rules of Implementation of the Joint Crediting Mechanism on 8 June 2026.
- The JCM works under Article 6.2 of the Paris Agreement.
- The two countries signed a Memorandum of Cooperation on the JCM last year.
- A Joint Committee with both governments will approve projects and track credits.
Why it matters
[Environment] Article 6.2 lets countries trade carbon credits bilaterally. Under the JCM, Japanese low-carbon projects in India earn credits counted towards both nations' NDCs.
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