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 MoreCarbon markets under Paris Agreement Article 6 allow nations to trade emission reductions globally. While they drive green investments and tech transfer, severe concerns like greenwashing, human rights violations, and over-crediting demand strict UN safeguards and transparent domestic policies like India's CCTS.
Click to View MoreClimate change is increasingly recognised as a material financial risk, impacting banks, investors, and markets through physical and transition risks. Regulators like the RBI are introducing frameworks for disclosure, risk management, and governance to enhance financial stability. While awareness among investors is growing, bridging the gap between recognition and action—through metrics, transition plans, and green investments—is critical to building a resilient, sustainable, and net-zero aligned financial system.
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