The Joint Crediting Mechanism (JCM) is a bilateral climate framework between India and Japan under Article 6.2 of the Paris Agreement. It facilitates low-carbon technology transfer and climate finance, generating shared carbon credits (ITMOs) to help both nations achieve their Nationally Determined Contributions (NDCs) while preventing double counting.
Click to View MoreThe 2026 Bonn Climate Conference (SB64) focused on operationalizing the $300 billion NCQG, introducing a 35% global electrification target by 2035, and finalizing Article 6 carbon market rules. India fiercely defended CBDR-RC, opposing new obligations and demanding equitable, grant-based climate finance.
Click to View MoreReducing methane emissions from paddy fields can generate additional income for farmers through carbon markets. By shifting from continuously flooded rice fields to practices such as Alternate Wetting and Drying, methane emissions can be significantly lowered without affecting yields while also saving water. The verified reductions are converted into carbon credits that companies purchase to offset their own emissions, enabling farmers to earn extra revenue. This approach links climate mitigation, water conservation and livelihood enhancement, though it also requires reliable measurement systems and fair benefit-sharing to ensure small farmers benefit equitably.
Click to View MoreCOP30 in Belém marks a shift from talks to real action. With the U.S. pulling back, Brazil, India, China, and South Africa are expected to lead. The summit highlights forest protection, the Baku to Belém roadmap, and finance, urging developing nations to pair climate ambition with fairness.
Click to View MoreThe Environment Ministry has established the National Designated Authority (NDA) to govern carbon trading, a requirement under Article 6 of the Paris Agreement. The new framework will incentivize industries to reduce emissions by allowing them to trade carbon credits, linking economic growth with environmental responsibility. This development demonstrates India's proactive stance on climate action.
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