Installations covered by the European Emission Trading Scheme (EU ETS) can use credits from the Clean Development Mechanism (CDM) to cover a share of their emissions. The CDM credits are generated by low-carbon projects in developing countries that require the CDM support to become financially viable. 

This project produced a series of publications in 2011, exploring the Clean Development Mechanism, and assessing it in reaching the following objectives:

• Additionality
• Efficient use of EU mitigation funds 
• Sustainable Development 
• Low-carbon development – In developing countries 
• Low-carbon development – in Europe 
• CDM in the case of a 30% EU emissions reduction target