New Delhi, Aug. 30 -- India and Japan have signed a memorandum of cooperation under the Joint Crediting Mechanism (JCM) framework of the Paris Agreement, opening the door for increased Japanese investment in decarbonising technologies across India.

The agreement, signed earlier this month under Article 6.2 of the Paris Agreement, was highlighted by Prime Minister Narendra Modi during his ongoing visit to Japan as part of the countries' "Green Energy Focus for a Better Future" cooperation initiative.

Speaking at a business event in Tokyo alongside Japanese Prime Minister Shigeru Ishiba, Modi outlined ambitious areas for bilateral cooperation. "Like we did in automobiles, recreate the same magic in batteries, robotics, semiconductors, shi...