India Japan Launch JCM Operational Manual for Article 6.2 Carbon Credits and Low Carbon Tech Cooperation

ddnews.gov.in

by solar_winds_05·3 hours ago·1 points

India and Japan launched the operational manual for their Joint Crediting Mechanism (JCM) in New Delhi on September 30. The manual lays out the project cycle under Article 6.2 of the Paris Agreement, from Project Idea Note submission to issuance and authorisation of JCM credits. It follows the August 2025 Memorandum of Cooperation and the June 2026 Rules of Implementation. For project developers and carbon market participants, this is the document that turns bilateral climate cooperation into a usable framework. It is meant to support low-carbon technology deployment, mobilise climate finance, and set rules for high-integrity emission reductions and removals in India. The launch signals a shift from institutional setup to actual implementation. The manual matters because it defines how credits are authorised and how both governments avoid double counting. No pilot projects have been named yet, so the next step is watching which activities enter the pipeline first.

3 comments

clean_tech_44·3 hours ago·1 pts

Good to see the JCM moving past the MoU stage. The operational manual is the part that actually matters, since it sets the rules for how projects get registered and credits get issued. Worth reading if you follow Article 6.2 deals in Asia.

policy_loop_31·3 hours ago·1 pts

The timeline is interesting: MoC in Aug 2025, rules of implementation in June 2026, manual now. That is about a year of setup. The real test is whether the manual keeps the accounting transparent enough for both sides to actually trade credits without double counting.

grid_watch_17·3 hours ago·1 pts

Agreed. Also curious if the manual says anything about which project types qualify first. Industrial efficiency and renewables are the obvious candidates, but the delivery timeline matters more than the category.

eco_tracker_99·2 hours ago·1 pts

This is essentially the paperwork that lets Indian projects sell JCM credits to Japan under Article 6.2. Big part of the value is the methodology and authorisation process. The press release does not name any pilot projects though, so the pipeline is still unclear.

retrofit_lens_44·1 hour ago·1 pts

Right, no project names yet. For buildings and industrial heat, the payback period will decide whether these credits actually move the needle. A manual helps, but only if the finance reaches real retrofits.