One popular project under the so-called Clean Development Mechanism program is the destruction of hydrofluorocarbon gases.

FORBES: Magazine Article

Rich states meet emissions targets by paying poor countries to do the cutting, under Kyoto's Clean Development Mechanism.

ECONOMIST: The Copenhagen climate talks

The scheme under the Kyoto Protocol--the clean development mechanism--lets people get credit for little projects here and there, which change the level of emissions that would have existed otherwise.

FORBES: Magazine Article

The scheme is not particularly ambitious: quite a lot of the reductions it seeks, especially in the early years, will be bought from developing countries, using carbon permits generated by the United Nations' Clean Development Mechanism.

ECONOMIST: Carbon policy in Australia and Britain

Other ideas include a clean development mechanism that would allow firms and countries to earn credits for investments that help poor countries clean up, and a joint implementation scheme that awards credits for projects carried out in other industrialised countries.

ECONOMIST: Hotting up in The Hague

It was instrumental in designing the Clean Development Mechanism, which it is doing very nicely out of, and it fears that flooding the market for carbon credits with new supply from tropical forests would depress the price and destroy the mechanism.

ECONOMIST: Climate change