The fast growth of Clean Development Mechanism (CDM)and its positive and negative attributes have been well documented. Recent years have witnessed explosive growth of the CDM. The number of CDM projects for validation and registration has grown exponentially and developing countries (so called non-Annex I countries) becoming involved in the CDM grew from 8 in 2000 to more than 50 in 2008.

As a result of the process of economic transition since the early 1990s,the Czech Republic has been able to stay below its Kyoto Protocol assigned amount of GHGs.This surplus can be traded with other industrialised countries.The revenues of such trades are spent domestically on energy saving programmes. This article describes how this has been organised.