India Seeks Wider Adoption of Joint Crediting Mechanism at COP30
India has called for expanding the Joint Crediting Mechanism as a cooperative framework to accelerate global climate action. Speaking at COP30 in Belem, the country emphasised that bilateral models can strengthen multilateral objectives under the Paris Agreement.
Promoting a Cooperative Carbon Market Model
Union environment minister Bhupender Yadav highlighted the mechanism as an effective approach for countries to jointly develop emission-reduction projects. The model enables partners to mobilise finance, deploy advanced technologies and transparently share credits, offering a practical pathway for decarbonisation.
India’s Engagement with the JCM Framework
India is among 31 partner nations participating in the mechanism initiated by Japan. The country joined earlier this year to operationalise its first bilateral cooperation under the Paris Agreement. The framework aligns with Article 6 provisions that allow the establishment of carbon markets and cooperative mitigation measures.
Supporting National Climate Strategies
Officials noted that the mechanism contributes directly to India’s Nationally Determined Contributions and long-term low-emission strategy. It is expected to support the localisation of high-technology climate solutions, build domestic capacity and advance sustainable development goals while pursuing economic growth.
Exam Oriented Facts
- The Joint Crediting Mechanism is spearheaded by Japan with 31 partner countries.
- It operates under Article 6 of the Paris Agreement to enable carbon market cooperation.
- India joined the mechanism in 2025 as part of its first bilateral climate initiative.
- The model helps jointly develop mitigation projects and allocate emission-reduction credits.
Call for Scaling Up Bilateral Climate Cooperation
At the partner countries’ meeting, India urged more nations to adopt the mechanism to build scalable, technology-driven climate solutions. The appeal comes as global expectations grow for equitable and cooperative frameworks capable of addressing rising emissions and supporting developing nations’ climate priorities.