India and Japan Adopt Rules of Implementation for Joint Crediting Mechanism Under Article 6.2 of Paris Agreement
- Bilateral carbon market arrangement between India and Japan operationalising Article 6.2 of the Paris Agreement, enabling transfer of Internationally Transferred Mitigation Outcomes (ITMOs) toward both countries' NDCs.
- Adopted "Rule of Implementation" sets governance, MRV (monitoring, reporting, verification), registries, and safeguards for joint mitigation projects in India.
- UPSC relevance: intersects GS-III (climate change, environment) and GS-II (bilateral relations); first concrete India operationalisation of Article 6.2 with a developed-country partner.