EKI Hails India–Japan Pact on Carbon Credit Cooperation
POWER & RENEWABLE ENERGY

EKI Hails India–Japan Pact on Carbon Credit Cooperation

EKI Energy Services Ltd., a global leader in carbon credit development and supply, has welcomed the signing of a Memorandum of Cooperation (MoC) between the Government of India and the Government of Japan under Article 6.2 of the Paris Agreement. The agreement establishes the Joint Crediting Mechanism (JCM), paving the way for enhanced international collaboration on climate action.
The MoC will enable bilateral cooperation to implement advanced low-carbon technologies and facilitate the exchange of carbon credits between the two countries. It aims to support emission reductions, capacity building, and sustainable development, while aligning with India’s long-term goal of achieving net-zero emissions by 2070.
For the global carbon markets, the agreement is expected to bolster bilateral crediting mechanisms, open new opportunities for project developers, and attract investments in clean technologies across sectors such as renewable energy, energy efficiency, forestry, and community-led climate initiatives.
Manish Dabkara, CEO and Managing Director of EKI Energy Services Ltd., described the MoC as a “landmark that symbolises the power of global partnerships in addressing climate change.” He added, “By promoting technology transfer and market-based solutions, the JCM provides a robust platform for accelerating India’s sustainable growth journey. EKI remains committed to supporting the effective implementation of this mechanism to deliver tangible climate benefits.”
As a pioneer in the voluntary carbon market for over a decade, EKI believes the India–Japan partnership will strengthen transparency, accountability, and trust in carbon markets. The move is seen as a critical step in fostering a climate-positive investment ecosystem and setting a model for international cooperation in combating climate change. 

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

EKI Energy Services Ltd., a global leader in carbon credit development and supply, has welcomed the signing of a Memorandum of Cooperation (MoC) between the Government of India and the Government of Japan under Article 6.2 of the Paris Agreement. The agreement establishes the Joint Crediting Mechanism (JCM), paving the way for enhanced international collaboration on climate action.The MoC will enable bilateral cooperation to implement advanced low-carbon technologies and facilitate the exchange of carbon credits between the two countries. It aims to support emission reductions, capacity building, and sustainable development, while aligning with India’s long-term goal of achieving net-zero emissions by 2070.For the global carbon markets, the agreement is expected to bolster bilateral crediting mechanisms, open new opportunities for project developers, and attract investments in clean technologies across sectors such as renewable energy, energy efficiency, forestry, and community-led climate initiatives.Manish Dabkara, CEO and Managing Director of EKI Energy Services Ltd., described the MoC as a “landmark that symbolises the power of global partnerships in addressing climate change.” He added, “By promoting technology transfer and market-based solutions, the JCM provides a robust platform for accelerating India’s sustainable growth journey. EKI remains committed to supporting the effective implementation of this mechanism to deliver tangible climate benefits.”As a pioneer in the voluntary carbon market for over a decade, EKI believes the India–Japan partnership will strengthen transparency, accountability, and trust in carbon markets. The move is seen as a critical step in fostering a climate-positive investment ecosystem and setting a model for international cooperation in combating climate change. 

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement