Press Release
September 22, 2025
- Global Environment
Result of the First Meeting of the Joint Committee for the Joint Crediting Mechanism (JCM) between Japan and India; Commencement of Submission Acceptance for Decarbonization Projects under the JCM
1. On September 22, 2025, the first meeting of the Joint Committee (JC) for the Japan-India Joint Crediting Mechanism (JCM)* was convened. During the meeting, both parties concurred on making final adjustments with a view to the early adoption of the Rule of Implementation (RoI), which will serve as the regulatory framework for the JCM in accordance with Article 6 of the Paris Agreement.
2. Following the discussion at the Joint Committee, the JC decided to begin accepting submissions of the Project Information Sheet, prior to the finalization of the Rule of Implementation (RoI). Project participants wishing to apply the JCM to their projects are requested to complete the required information and contact JCMA, the designated JCM implementing agency.
3. To promote business participation in the JCM, a hybrid forum and business matching event will be held as outlined below. We warmly invite your participation. For more details about the program, please refer to the attached document.
・September 23, 2025, New Delhi, India
・September 26, 2025, Hyderabad, India
4. We will continue to promote JCM projects in India through collaboration between Japanese and Indian companies.
* A mechanism consistent with Article 6 of the Paris Agreement, where companies and governments in Japan and partner countries collaborate on technology and finance to implement mitigation actions, with the resulting GHG reductions and removals allocated according to each country's contribution. The Ministry of Economy, Trade and Industry (METI), Ministry of Foreign Affairs (MOFA), Ministry of Agriculture, Forestry and Fisheries (MAFF), and Ministry of the Environment (MOE) of Japan collaborate to operate this system as a unified government effort. To date, approximately 270 projects have been realized across diverse sectors such as energy and waste management. Furthermore, in April of this year, a designated implementing agency was established under the law to accelerate the process.
https://www.jcm.go.jp
2. Following the discussion at the Joint Committee, the JC decided to begin accepting submissions of the Project Information Sheet, prior to the finalization of the Rule of Implementation (RoI). Project participants wishing to apply the JCM to their projects are requested to complete the required information and contact JCMA, the designated JCM implementing agency.
3. To promote business participation in the JCM, a hybrid forum and business matching event will be held as outlined below. We warmly invite your participation. For more details about the program, please refer to the attached document.
・September 23, 2025, New Delhi, India
・September 26, 2025, Hyderabad, India
4. We will continue to promote JCM projects in India through collaboration between Japanese and Indian companies.
* A mechanism consistent with Article 6 of the Paris Agreement, where companies and governments in Japan and partner countries collaborate on technology and finance to implement mitigation actions, with the resulting GHG reductions and removals allocated according to each country's contribution. The Ministry of Economy, Trade and Industry (METI), Ministry of Foreign Affairs (MOFA), Ministry of Agriculture, Forestry and Fisheries (MAFF), and Ministry of the Environment (MOE) of Japan collaborate to operate this system as a unified government effort. To date, approximately 270 projects have been realized across diverse sectors such as energy and waste management. Furthermore, in April of this year, a designated implementing agency was established under the law to accelerate the process.
https://www.jcm.go.jp
■ Overview of the Joint Committee
The Joint Committee is established on the basis of bilateral document of the JCM and consists of representatives of Japan and a partner country. It serves as the decision-making body for implementing the JCM. Specifically, it adopts rules and guidelines of the JCM, approves methodologies for calculating JCM credits, registers projects, and decides on notifications to each government regarding the amount of JCM credits to be issued. This is the first meeting of the first Joint Committee with the Republic of India (partner country), during which the establishment of the JC was announced and rules pertaining to the JCM were discussed.
■ [Event Report] First Joint Committee Meeting between Japan and India
(1) Overview
Date: September 22, 2025
Venue: Ministry of Environment, Forest, and Climate Change of the Republic of India (Hybrid event with online participation)
(2) Participants
(Japanese Side)
・ Mr. YAMAZAKI Fumio, Minister of Economy and Development, Embassy of Japan in the Republic of India (Co-Chair)
・ Mr. HIRAKAWA Tatsuki, Second Secretary, Embassy of Japan in the Republic of India
・ Mr. MATSUI Hiroki, Director, Climate Change Division, International Cooperation Bureau, Ministry of Foreign Affairs (alternate (online) : Mr. ADACHI Muneki, Negotiator for Climate Change, Climate Change Division, International Cooperation Bureau, Ministry of Foreign Affairs)
・ Mr. KIMURA Norihiro, Senior Negotiator for Climate Change, Global Environmental Affairs Office, GX Policy Group, Ministry of Economy, Trade and Industry
・ Mr. KINAME Kohei, Deputy Director, Office for the Joint Crediting Mechanism and International Carbon Market, Global Environmental Bureau, Ministry of the Environment
・ Ms. SHIMANO Yuka, Researcher, Office for the Joint Crediting Mechanism and International Carbon Market, Global Environmental Bureau, Ministry of the Environment
・ Mr. IINO Satoru, Office for the Joint Crediting Mechanism and International Carbon Market, Global Environment Bureau, Ministry of the Environment
・ JCM Implementation Agency : JCMA
And observers
(Indian Side)
・ Ms. Nameeta Prasad, Joint Secretary, Ministry of Environment, Forest, and Climate Change of the Republic of India (Co-Chair)
・ Ms. Suman Chandra, IAS (Director), Ministry of New and Renewable Energy of the Republic of India
・ Mr. Smt Esha Srivastava, Joint Secretary, Ministry of Petroleum and Natural Gas of the Republic of India
・ Mr. Sh. Dhiraj Kumar Srivastava, DG, BEE, MoP and Chief and Engineer, Ministry of Power of the Republic of India
And observers
(3) Main Agenda and Summary of Results
1) Opening:
Mr. YAMAZAKI Fumio, Minister of Economy and Development, Embassy of Japan in the Republic of India, expressed gratitude to the relevant parties from both countries for all cooperation in organizing the Joint Committee. He also stated his expectation that the JCM would contribute to further strengthening Japan-India relations. From the Indian side, Ms. Nameeta Prasad, Joint Secretary, the Ministry of Environment, Forest and Climate Change expressed strong expectations for the JCM to support the achievement of India’s Nationally Determined Contribution (NDC).
2) Operational matters:
It was resolved to establish the Joint Committee.
3) Rules:
The Joint Committee discussed the rules and guidelines for implementing the JCM consistent with Article 6 of the Paris Agreement. The list of main documents discussed is as follows.
Rules of Implementation of the JCM
・Confirmation of objections to planned projects based on the Project Idea Note
・Sustainable Development (SD) Implementation Plan and Reporting (Preparation and submission of the SD Implementation Plan at project registration; preparation and submission of the SD Implementation Report at credit issuance)
・Determination of credit allocation at project registration
・Periodic preparation and submission of project implementation reports
・Use of JCM credits
・Approval and appropriate adjustments by Parties under the Paris Agreement concerning the JCM
4) Commencement of Submission Acceptance Using the Draft Project Idea Note (PIN) Format
The Joint Committee decided to expedite the finalization of the Project Idea Note (PIN) format. In the interim, the JC agreed to call on private sector entities to provide information on decarbonization projects using the Project Information Sheet.
Submission Address:
JCMA Email : jcma-contact@gec.jp
Date: September 22, 2025
Venue: Ministry of Environment, Forest, and Climate Change of the Republic of India (Hybrid event with online participation)
(2) Participants
(Japanese Side)
・ Mr. YAMAZAKI Fumio, Minister of Economy and Development, Embassy of Japan in the Republic of India (Co-Chair)
・ Mr. HIRAKAWA Tatsuki, Second Secretary, Embassy of Japan in the Republic of India
・ Mr. MATSUI Hiroki, Director, Climate Change Division, International Cooperation Bureau, Ministry of Foreign Affairs (alternate (online) : Mr. ADACHI Muneki, Negotiator for Climate Change, Climate Change Division, International Cooperation Bureau, Ministry of Foreign Affairs)
・ Mr. KIMURA Norihiro, Senior Negotiator for Climate Change, Global Environmental Affairs Office, GX Policy Group, Ministry of Economy, Trade and Industry
・ Mr. KINAME Kohei, Deputy Director, Office for the Joint Crediting Mechanism and International Carbon Market, Global Environmental Bureau, Ministry of the Environment
・ Ms. SHIMANO Yuka, Researcher, Office for the Joint Crediting Mechanism and International Carbon Market, Global Environmental Bureau, Ministry of the Environment
・ Mr. IINO Satoru, Office for the Joint Crediting Mechanism and International Carbon Market, Global Environment Bureau, Ministry of the Environment
・ JCM Implementation Agency : JCMA
And observers
(Indian Side)
・ Ms. Nameeta Prasad, Joint Secretary, Ministry of Environment, Forest, and Climate Change of the Republic of India (Co-Chair)
・ Ms. Suman Chandra, IAS (Director), Ministry of New and Renewable Energy of the Republic of India
・ Mr. Smt Esha Srivastava, Joint Secretary, Ministry of Petroleum and Natural Gas of the Republic of India
・ Mr. Sh. Dhiraj Kumar Srivastava, DG, BEE, MoP and Chief and Engineer, Ministry of Power of the Republic of India
And observers
(3) Main Agenda and Summary of Results
1) Opening:
Mr. YAMAZAKI Fumio, Minister of Economy and Development, Embassy of Japan in the Republic of India, expressed gratitude to the relevant parties from both countries for all cooperation in organizing the Joint Committee. He also stated his expectation that the JCM would contribute to further strengthening Japan-India relations. From the Indian side, Ms. Nameeta Prasad, Joint Secretary, the Ministry of Environment, Forest and Climate Change expressed strong expectations for the JCM to support the achievement of India’s Nationally Determined Contribution (NDC).
2) Operational matters:
It was resolved to establish the Joint Committee.
3) Rules:
The Joint Committee discussed the rules and guidelines for implementing the JCM consistent with Article 6 of the Paris Agreement. The list of main documents discussed is as follows.
Rules of Implementation of the JCM
・Confirmation of objections to planned projects based on the Project Idea Note
・Sustainable Development (SD) Implementation Plan and Reporting (Preparation and submission of the SD Implementation Plan at project registration; preparation and submission of the SD Implementation Report at credit issuance)
・Determination of credit allocation at project registration
・Periodic preparation and submission of project implementation reports
・Use of JCM credits
・Approval and appropriate adjustments by Parties under the Paris Agreement concerning the JCM
4) Commencement of Submission Acceptance Using the Draft Project Idea Note (PIN) Format
The Joint Committee decided to expedite the finalization of the Project Idea Note (PIN) format. In the interim, the JC agreed to call on private sector entities to provide information on decarbonization projects using the Project Information Sheet.
Submission Address:
JCMA Email : jcma-contact@gec.jp
■ Public-Private Business Forum and Business Matching Event on JCM with India
・Business matching event titled "Forum on Promoting Business Engagement and Matching through the Joint Crediting Mechanism (JCM) to Expand India's Carbon Market" at the Taj Palace (Pavilion at the Raja Bagh), in New Delhi, India, on September 23, 2025.
Please visit the following website for more information and registration:
Paris Agreement Article 6… | Article 6 Implementation Partnership
・Business matching event titled "Business Consultation Meeting on the JCM Process in Hyderabad" will also be held at the Vivanta Hyderabad, Begumpet, in Hyderabad, India on September 26, 2025.
Please visit the following website for more information and registration:
Paris Agreement Article 6… | Article 6 Implementation Partnership
Please visit the following website for more information and registration:
Paris Agreement Article 6… | Article 6 Implementation Partnership
・Business matching event titled "Business Consultation Meeting on the JCM Process in Hyderabad" will also be held at the Vivanta Hyderabad, Begumpet, in Hyderabad, India on September 26, 2025.
Please visit the following website for more information and registration:
Paris Agreement Article 6… | Article 6 Implementation Partnership
○ First Joint Committee of the JCM between Japan and India
