Yadav hails Japan’s initiative for aiding transfer of low-carbon tech

Union Environment Minister Bhupender Yadav has hailed Japan’s Joint Crediting Mechanism (JCM) initiative, saying it would help develop a domestic ecosystem and localise high-technology interventions, while contributing to India’s sustainable development goals.

He was speaking at the 11th Joint Crediting Mechanism Partner Countries’ Meeting, organised by the Japanese Environment Ministry on the sidelines of COP30 in Belem (Brazil).

The JCM is a bilateral initiative, launched by Japan, which facilitates the transfer of low-carbon technologies to partner countries to help them reduce greenhouse gas (GHG) emissions.

Through the JCM, emission reductions are quantified and credited to both the partner country and Japan, allowing them to use these credits towards their Nationally Determined Contributions (NDCs) under the Paris Agreement.

Yadav emphasised that mechanisms such as the JCM represent a significant approach in strengthening efforts for climate action, while supporting national priorities, particularly for developing countries.

He noted that India and Japan shared a long-standing partnership rooted in trust, technology cooperation, and shared commitment to sustainable development.

Referring to the signing of the India–Japan Memorandum of Cooperation on August 7, Yadav stressed that the JCM provides a clear framework for both governments and the private sector to jointly develop mitigation projects, mobilise finance, deploy advanced technologies and transparently allocate the resulting emission reductions. “It is an example of how bilateral cooperation can reinforce multilateral objectives in a practical and mutually beneficial manner,” he added.

The minister underscored that the JCM would contribute directly to India’s Nationally Determined Contributions and long-term low emission development strategy.

He highlighted that it was expected to facilitate investment, technology deployment and capacity building support for the implementation of advanced low-carbon technologies.

“The Bureau of Energy Efficiency in India is also developing the Indian Carbon Market portal. It will include a dedicated module for the Joint Crediting Mechanism and other cooperative approaches under Article 6, ensuring transparency, efficiency and ease of project facilitation,” Yadav informed.

Highlighting future pathways, the Minister said the JCM activities were expected to span priority sectors, including renewable energy with storage, sustainable aviation fuel, compressed biogas, green hydrogen and green ammonia, and best available technologies in hard-to-abate sectors such as steel, cement and chemicals.

He said these areas aligned with India’s development priorities and offered significant opportunities for collaboration.

At the climate summit, Yadav also underlined India's commitment to supporting small island developing states (SIDS) in advancing clean energy pathways through the International Solar Alliance.

Calling for coordinated global efforts to strengthen energy security for small island developing states, Yadav highlighted solar power as a tool of “transformation and social revolution.”

“Today, India has crossed 500 gigawatts of installed electricity capacity, and more than half of it is clean energy. India has already reached 50 per cent non-fossil energy capacity, five years ahead of its NDC target,” Yadav said.