Joint Crediting Mechanism

INDIA-JAPAN JOINT CREDITING MECHANISM (JCM): ADVANCING CLIMATE COOPERATION UNDER THE PARIS AGREEMENT

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.