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India and Japan adopt rules for Joint Crediting Mechanism under Paris Agreement

Tuesday, 16 June 2026· 5 min read·Source: Press Information Bureau

India and Japan have adopted the Rules of Implementation for their bilateral Joint Crediting Mechanism (JCM) under Article 6.2 of the Paris Agreement, the Ministry of Environment, Forest and Climate Change announced around June 16, 2026 (the rules were adopted on June 8, 2026). The JCM is a carbon-credit cooperation framework that lets the two countries collaborate on projects cutting or removing greenhouse-gas emissions, sharing the resulting credits to count towards their respective Nationally Determined Contributions (NDCs). It becomes India's first operational framework for trading carbon credits under Article 6.2, advancing climate finance and clean-technology cooperation.

Key Facts & Details

8 points

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India and Japan adopted Rules of Implementation for the Joint Crediting Mechanism (JCM).
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It falls under Article 6.2 of the Paris Agreement.
3
The JCM enables joint projects to reduce/remove greenhouse-gas emissions.
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Resulting carbon credits count towards both countries' NDCs.
5
It is India's first live framework for trading carbon credits under Article 6.2.

Deep Dive

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Article 6.2 of the Paris Agreement allows countries to cooperate via internationally transferred mitigation outcomes (carbon credits).
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The JCM builds on a Memorandum of Cooperation signed earlier between India and Japan.
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Such mechanisms channel finance and clean technology into emission-cutting projects.

Exam Focus

Under which Article of the Paris Agreement did India and Japan adopt rules for the Joint Crediting Mechanism?

Exam Relevance & Angle

Climate-cooperation frameworks are increasingly tested environment GA, focusing on the partner country, the mechanism (JCM) and the Paris Agreement article (6.2).

Target Exams

SBI POIBPS POIBPS RRB OfficerRBI Grade BNABARD Grade ASSC CGLLIC AAOUPSC CSEState PCS

Background & Context

The Paris Agreement (2015), under the UN Framework Convention on Climate Change (UNFCCC), commits countries to limit global warming, with each setting Nationally Determined Contributions (NDCs). Article 6.2 permits countries to cooperate through internationally transferred mitigation outcomes — essentially trading carbon credits from emission-cutting projects. The Joint Crediting Mechanism (JCM) is Japan's flagship bilateral carbon-market scheme, run with partner countries; India and Japan had earlier signed a Memorandum of Cooperation, and these implementation rules operationalise the framework. It enables Japanese finance/technology in Indian green projects, with credits shared between the two.