India, Japan finalise joint crediting mechanism
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Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
India and Japan launched their Joint Crediting Mechanism to trade carbon credits, boosting climate action, investment, and low-carbon tech collaboration.
Key Facts
Type Policy
Source Hindustan Times - India
Published Wednesday, 17 June 2026
Affected Population All citizens, 275 million forest-dependent people
Key Numbers
Net-zero target: 2070
50% non-fossil fuel energy capacity by 2030
Green Climate Fund: $3 billion committed
GDP: $3.9 trillion (2025 est.)
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right