India is advocating for the expansion of a bilateral Joint Crediting Mechanism (JCM) as a vital tool for global climate action. Spearheaded by Japan, this model allows countries to jointly develop mitigation projects and transparently allocate emission reduction credits, reinforcing multilateral climate objectives. Image: X@/byadavbjp NEW DELHI: Pitching for expanding a unique model where bilateral cooperation can reinforce multilateral objectives, India has called an existing ‘joint crediting mechanism’ a key tool for global climate action, and urged countries to join this cooperative approach to collectively reduce their carbon footprints.The benefit of the mechanism was flagged by Union environment minister Bhupender Yadav on the sidelines of the ongoing 30th session of the UN climate conference (COP30) in Belem, Brazil on Wednesday.India is one of the 31 partner countries of the Joint Crediting Mechanism (JCM), spearheaded by Japan, which provides a clear framework for both governments and the private sector to jointly develop mitigation projects, mobilise finance, deploy advanced technologies, and transparently allocate the resulting emission reductions credit among themselves.It’s a bilateral mechanism which is being implemented in accordance with Article 6 of the Paris Agreement that facilitates the creation and functioning of carbon markets as an emission reduction tool. India had joined the mechanism with Japan in August as part of the country’s first bilateral cooperation under the Paris Agreement. JCM is expected to serve as a model for achieving rapid economic growth while simultaneously addressing environmental challenges.Participating in the 11th JCM partner countries’ meeting, chaired by Japan’s environment minister Hirotaka Ishihara, Yadav highlighted the importance of cooperative mechanisms at a time when the world seeks scalable, equitable and technology-driven climate solutions. He underlined that the mechanism represents “a significant approach in strengthening efforts for climate action while supporting national priorities, particularly for developing countries”.Noting that the JCM would contribute directly to India’s Nationally Determined Contributions (NDCs) and long-term low emission development strategy, Yadav said the move would help develop a domestic ecosystem and localise high-technology interventions, while also contributing to the country’s sustainable development goals.About the AuthorVishwa MohanVishwa Mohan is Senior Editor at The Times of India. He writes on environment, climate change, agriculture, water resources and clean energy, tracking policy issues and climate diplomacy. He has been covering Parliament since 2003 to see how politics shaped up domestic policy and India’s position at global platform. Before switching over to explore sustainable development issues, Vishwa had covered internal security and investigative agencies for more than a decade.Read MoreEnd of ArticleFollow Us On Social MediaVideosMEA Outlines Agenda For PM Modi’s South Africa Visit For G20 Summit In JohannesburgPenny Wong’s Cricket Banter With Jaishankar Highlights Warm, Confident India-Australia PartnershipJaishankar, Penny Wong Send A Strong India-Australia Message To China And The World on Indo-PacificIFFI 2025 Opens With A Surprise As Korean Minister Sings Vande Mataram And Wins Standing OvationPiyush Goyal’s 10 D’s Pitch in Israel Recasts India As Future-Ready for Worldwide InvestmentsDelhi Student Suicide Case: Massive Protest Outside School After Note Alleges Harassment By TeachersPiyush Goyal Links India, Israel Through Shared Adversities, Predicts 7% Percent GDP Growth For FY26Bangladesh Backs India On Delhi Blast At Security Dialogue As Sheikh Hasina Exile Tensions IntensifyBengaluru Cash Van Robbed Of ₹7 Crore After Fake RBI Officers Trick Staff In A Filmy-Style HeistNSA Ajit Doval Declares Regional Stability And Security India’s Duty At Colombo Security Dialogue123Photostories10 countries with the most unique flags (and how many you guessed right!)Ranveer Singh to Arjun Rampal: Today’s most viral Bollywood-style momentsSadhguru recommends 7 home remedies for constipation7 baby names that mean ‘winter’ in different languages10 simple ways to avoid misunderstandings in a relationship, as per psychologyTop 7 parenting rules that will simplify your life as a parentHow to make South Indian Chicken Chettinad Curry at home’Vilayaath Budha’, ‘Mask’, to ‘Middle Class’: 9 South releases that are set to storm theatres on November 21World Philosophy Day: 10 quotes by famous philosophers that explain the meaning of life7 manures from your kitchen which work like magic in plant growth123Hot PicksDelhi AQI TodayBihar Minister List 2025Bihar CM Oath CeremonyGold rate todaySilver rate todayPublic Holidays NovemberBank Holidays NovemberTop TrendingTrevon DiggsTom BradyMLB SignsDraymond GreenCanara Bank Manager RobberyFortnite DownTop Stock RecommendationsGold Silver Price PredictionStefon DiggsBaker Mayfield Wife
NEW DELHI: Pitching for expanding a unique model where bilateral cooperation can reinforce multilateral objectives, India has called an existing ‘joint crediting mechanism’ a key tool for global climate action, and urged countries to join this cooperative approach to collectively reduce their carbon footprints.The benefit of the mechanism was flagged by Union environment minister Bhupender Yadav on the sidelines of the ongoing 30th session of the UN climate conference (COP30) in Belem, Brazil on Wednesday.India is one of the 31 partner countries of the Joint Crediting Mechanism (JCM), spearheaded by Japan, which provides a clear framework for both governments and the private sector to jointly develop mitigation projects, mobilise finance, deploy advanced technologies, and transparently allocate the resulting emission reductions credit among themselves.It’s a bilateral mechanism which is being implemented in accordance with Article 6 of the Paris Agreement that facilitates the creation and functioning of carbon markets as an emission reduction tool. India had joined the mechanism with Japan in August as part of the country’s first bilateral cooperation under the Paris Agreement. JCM is expected to serve as a model for achieving rapid economic growth while simultaneously addressing environmental challenges.Participating in the 11th JCM partner countries’ meeting, chaired by Japan’s environment minister Hirotaka Ishihara, Yadav highlighted the importance of cooperative mechanisms at a time when the world seeks scalable, equitable and technology-driven climate solutions. He underlined that the mechanism represents “a significant approach in strengthening efforts for climate action while supporting national priorities, particularly for developing countries”.Noting that the JCM would contribute directly to India’s Nationally Determined Contributions (NDCs) and long-term low emission development strategy, Yadav said the move would help develop a domestic ecosystem and localise high-technology interventions, while also contributing to the country’s sustainable development goals.