India has underscored the Joint Crediting Mechanism (JCM) as a crucial instrument for delivering equitable, scalable and technology-driven global climate action, as Union Environment Minister Shri Bhupender Yadav addressed the 11th JCM Partner Countries’ Meeting held on the sidelines of UNFCCC CoP30 in Belém, Brazil.
The meeting, organised by Japan’s Ministry of the Environment, was chaired by Japan’s Environment Minister H.E. Hirotaka Ishihara and convened ministers and representatives from 31 partner nations to assess progress under the bilateral carbon market framework aligned with Article 6 of the Paris Agreement.
Japan Expands JCM Network to 31 Countries
In his opening remarks, Minister Ishihara announced that the JCM partnership has grown to 31 participating countries, with more than 280 projects currently under implementation. He outlined Japan’s plans to further scale the mechanism by enabling long-term investments, enhancing capacity-building programmes and broadening the participation of developing economies in climate resilience initiatives.
India Reaffirms Strong Climate Collaboration with Japan
Speaking at the session, Shri Yadav stressed that collaborative market mechanisms are becoming essential as nations look for fair, technology-led solutions to advance climate transition.
“Mechanisms such as the JCM represent a significant approach in strengthening efforts for climate action while supporting national priorities, particularly for developing countries,” he said.
He highlighted the long-standing climate partnership between India and Japan, built on trust, technology exchange and mutual commitment to sustainable development.
JCM to Strengthen India’s NDCs and Low-Emission Strategy
Referring to the India–Japan Memorandum of Cooperation signed in August 2025, the Minister said the JCM provides a transparent and structured platform for developing mitigation projects, mobilising finance, deploying advanced low-carbon technologies and ensuring integrity in the allocation of emissions reductions.
He noted that the mechanism will directly support India’s Nationally Determined Contributions and its Long-Term Low Emission Development Strategy.
India Advances Implementation Frameworks; Carbon Market Portal Underway
Shri Yadav informed participants that India is finalising the JCM’s Rules of Implementation and key activity-cycle documents. He also announced that the Bureau of Energy Efficiency is developing the Indian Carbon Market portal, which will include a dedicated JCM module and tools to track Article 6 cooperative approaches, ensuring stronger transparency and easier project facilitation.
Future JCM Projects to Target Priority Low-Carbon Sectors
The Minister highlighted several sectors expected to play a key role in future India–Japan JCM projects, including:
- renewable energy with storage
- sustainable aviation fuel
- compressed biogas
- green hydrogen and green ammonia
- advanced technologies for hard-to-abate industries such as steel, cement and chemicals
These areas, he noted, align with India’s national development priorities and offer strong potential for deeper bilateral and multilateral collaboration.
India Calls for High-Integrity, Equitable Climate Cooperation
Reaffirming India’s commitment to work closely with Japan and partner countries, Shri Yadav said the JCM demonstrates how high-integrity cooperative mechanisms can support technology deployment and strengthen implementation of the Paris Agreement.
He called for collective action to ensure that the JCM evolves into “a model for transparent, impactful and equitable climate partnerships” capable of accelerating global progress toward sustainable development.
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