Joint Crediting Mechanism and Article 6 of the Paris Agreement: Strengthening Japan-India Technology Collaboration

The long-standing relationship between Japan and India forms a favourable precursor for the countries to collaborate further under the Article 6 mechanisms of the Paris Agreement. While Japan’s support to India for promoting low-carbon technology and clean energy use can help minimise carbon emissions, the partnership will in turn give greater market access for Japanese technology in the latter’s domestic market. This paper discusses the potential of a Japan-India collaboration under the purview of Article 6 of the Paris Agreement and examines the opportunities for shaping mutual ties through the Joint Crediting Mechanism (JCM). As a bilateral mechanism that facilitates the diffusion of low-carbon technology, the JCM can be a potential pathway to help India meet its growing need for clean technology.