The manual sets out how projects will move from idea to issued credits under the two countries' bilateral carbon-market arrangement.

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• India and Japan launched the Operational Manual for the Joint Crediting Mechanism in New Delhi on September 30, 2026, and the Environment Ministry announced it on October 5.
• It was launched jointly by Japan's Ambassador to India, Keiichi Ono, and then Environment Ministry Secretary Tanmay Kumar.
• The Joint Crediting Mechanism is a bilateral carbon cooperation framework operating under Article 6.2 of the Paris Agreement.
• It aims to deploy advanced low-carbon technologies, mobilise climate finance, facilitate technology cooperation and support high-integrity emission reductions and removals in India.
• The manual lays out procedures for the whole project cycle, from submission of a Project Idea Note to issuance and authorisation of credits.
• It follows a Memorandum of Cooperation signed on August 7, 2025, and Rules of Implementation adopted on June 8, 2026.
• A Joint Committee with representatives of both governments oversees methodologies, project approval, credit issuance, third-party verification and registries meant to prevent double counting.
• Eligible areas include renewable energy, energy efficiency, waste management, compressed biogas, renewable hydrogen and ammonia, and carbon capture and storage.
• Article 6.2 covers cooperative approaches involving internationally transferred mitigation outcomes, separate from the UN-supervised Article 6.4 mechanism now called the Paris Agreement Crediting Mechanism.
• One analysis describes this as India's first bilateral carbon-market arrangement under the Paris framework and India as roughly the 31st partner in Japan's network.
• The mechanism is expected to attract Japanese investment and support transfer of low-carbon technology and infrastructure to India.

Tags: JointCreditingMechanism, Article6, IndiaJapan