NEW DELHI, JUN 16 (PTI): India and Japan have adopted the rule of implementation for a joint crediting mechanism under Article 6.2 of the 2015 Paris Agreement for boosting cooperation on greenhouse gas emission reduction and sustainable development programmes, Environment Ministry officials said on Tuesday. In 2025, the two countries signed a memorandum of understanding for the joint crediting mechanism.
The mechanism established a framework for collaboration on mitigation activities that deliver greenhouse gas emission reductions or removals while supporting sustainable development outcomes in India and contributing to the achievement of both countries’ Nationally Determined Contributions (NDCs).
“The rule of implementation defines robust governance arrangements, including a joint committee with representatives from both governments, transparent project approval procedures, third-party validation and verification, sustainable development safeguards and national registries to track the issuance and transfer of credits,” said an official. The joint crediting mechanism aims to catalyse investment, technology transfer, and capacity-building for projects involving low-carbon technologies in India to support climate change mitigation and sustainable development.
