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- The agreement was announced by the Ministry of Environment, Forest and Climate Change (MoEFCC) during PM Modi’s visit to Japan, themed “Green Energy Focus for a Better Future”.
- JCM facilitates bilateral carbon credit trading, encourages low-carbon technology adoption, and supports India’s Net Zero by 2070 target.
- Projects approved by India’s National Designated Agency for Implementation of Article 6 (NDAIAPA) will generate Emission Reduction Units (ERUs).
- These ERUs will not affect India’s Nationally Determined Contributions (NDCs), ensuring compliance with climate goals.
- The MoC promotes investment, technology transfer, and capacity building in clean energy sectors.
Question:
Q.1 On August 29, 2025, India signed a Memorandum of Cooperation (MoC) with which country to implement the Joint Crediting Mechanism (JCM) under Article 6.2 of the Paris Agreement?a) Germany
b) Japan
c) United States
d) France
Answer: b) The MoC was signed between India and Japan during PM Modi’s visit to Japan. The JCM is a bilateral mechanism that facilitates carbon credit trading and low-carbon technology transfer.