India Reaffirms Support For Japan’s Joint Crediting Mechanism
ECONOMY & POLICY

India Reaffirms Support For Japan’s Joint Crediting Mechanism

Union Minister for Environment, Forest and Climate Change, Bhupender Yadav, took part in the 11th Joint Crediting Mechanism (JCM) Partner Countries’ Meeting on 19 November 2025. Organised by Japan’s Ministry of the Environment, the meeting was held on the sidelines of UNFCCC CoP30 in Belém, Brazil. The session was chaired by Hirotaka Ishihara, Japan’s Minister of the Environment, and brought together Ministers and representatives from JCM partner nations to review progress and reaffirm commitments to bilateral climate cooperation.

In his opening remarks, Ishihara noted that the JCM has now expanded to 31 partner countries, with more than 280 projects under implementation in alignment with Article 6 of the Paris Agreement. He expressed hopes that the mechanism would expand further by facilitating long-term investment frameworks, improving opportunities for participation in climate-resilient projects and strengthening capacity-building programmes.

Addressing delegates, Yadav stressed the importance of cooperative mechanisms at a time when the world requires scalable, equitable and technology-driven climate solutions. He said the JCM is “a significant approach in strengthening efforts for climate action while supporting national priorities, particularly for developing countries”. India and Japan, he noted, share a long-standing relationship built on trust, technology collaboration and shared sustainable-development goals.

Referring to the India–Japan Memorandum of Cooperation signed on 7 August 2025, Yadav emphasised that the JCM aligns with Article 6 of the Paris Agreement and “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”. This, he said, demonstrates how bilateral partnerships can effectively reinforce multilateral climate objectives.

The Minister added that the JCM will directly support India’s Nationally Determined Contributions and Long-Term Low Emission Development Strategy. He highlighted the vital role of low-carbon technologies approved by the National Designated Agency for Article 6 implementation, noting that they are key to catalysing India’s long-term climate goals.

Yadav said the mechanism is expected to accelerate investment, technology deployment and capacity-building support for advanced low-carbon technologies. It will help develop a domestic ecosystem, localise high-tech solutions and enable meaningful contributions to India’s sustainable development priorities.

He informed partner countries that work on India’s implementation frameworks is progressing well. The Rules of Implementation and core activity-cycle documents are nearing finalisation. The Bureau of Energy Efficiency is also developing the Indian Carbon Market portal, which will include a dedicated JCM module to ensure transparency, efficiency and ease of project facilitation.

Looking ahead, Yadav said JCM activities are likely to span priority sectors such as renewable energy with storage, sustainable aviation fuel, compressed biogas, green hydrogen, green ammonia and best-available technologies in hard-to-abate industries including steel, cement and chemicals. These areas, he noted, align closely with India’s development priorities.

Reaffirming India’s commitment to deepening collaboration with Japan and all JCM partner countries, Yadav said the partnership illustrates how high-integrity mechanisms can support technology deployment while strengthening implementation of the Paris Agreement. He concluded by calling for collective action to make the JCM “a model for transparent, impactful and equitable climate partnerships”.

Union Minister for Environment, Forest and Climate Change, Bhupender Yadav, took part in the 11th Joint Crediting Mechanism (JCM) Partner Countries’ Meeting on 19 November 2025. Organised by Japan’s Ministry of the Environment, the meeting was held on the sidelines of UNFCCC CoP30 in Belém, Brazil. The session was chaired by Hirotaka Ishihara, Japan’s Minister of the Environment, and brought together Ministers and representatives from JCM partner nations to review progress and reaffirm commitments to bilateral climate cooperation. In his opening remarks, Ishihara noted that the JCM has now expanded to 31 partner countries, with more than 280 projects under implementation in alignment with Article 6 of the Paris Agreement. He expressed hopes that the mechanism would expand further by facilitating long-term investment frameworks, improving opportunities for participation in climate-resilient projects and strengthening capacity-building programmes. Addressing delegates, Yadav stressed the importance of cooperative mechanisms at a time when the world requires scalable, equitable and technology-driven climate solutions. He said the JCM is “a significant approach in strengthening efforts for climate action while supporting national priorities, particularly for developing countries”. India and Japan, he noted, share a long-standing relationship built on trust, technology collaboration and shared sustainable-development goals. Referring to the India–Japan Memorandum of Cooperation signed on 7 August 2025, Yadav emphasised that the JCM aligns with Article 6 of the Paris Agreement and “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”. This, he said, demonstrates how bilateral partnerships can effectively reinforce multilateral climate objectives. The Minister added that the JCM will directly support India’s Nationally Determined Contributions and Long-Term Low Emission Development Strategy. He highlighted the vital role of low-carbon technologies approved by the National Designated Agency for Article 6 implementation, noting that they are key to catalysing India’s long-term climate goals. Yadav said the mechanism is expected to accelerate investment, technology deployment and capacity-building support for advanced low-carbon technologies. It will help develop a domestic ecosystem, localise high-tech solutions and enable meaningful contributions to India’s sustainable development priorities. He informed partner countries that work on India’s implementation frameworks is progressing well. The Rules of Implementation and core activity-cycle documents are nearing finalisation. The Bureau of Energy Efficiency is also developing the Indian Carbon Market portal, which will include a dedicated JCM module to ensure transparency, efficiency and ease of project facilitation. Looking ahead, Yadav said JCM activities are likely to span priority sectors such as renewable energy with storage, sustainable aviation fuel, compressed biogas, green hydrogen, green ammonia and best-available technologies in hard-to-abate industries including steel, cement and chemicals. These areas, he noted, align closely with India’s development priorities. Reaffirming India’s commitment to deepening collaboration with Japan and all JCM partner countries, Yadav said the partnership illustrates how high-integrity mechanisms can support technology deployment while strengthening implementation of the Paris Agreement. He concluded by calling for collective action to make the JCM “a model for transparent, impactful and equitable climate partnerships”.

Next Story
Real Estate

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

Next Story
Real Estate

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Next Story
Infrastructure Energy

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement