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"resolution mechanism" is a correct and usable phrase in written English.
You could use it when referring to "a system or process used to settle disputes or resolve issues between two or more parties". For example: "Both parties agreed to a resolution mechanism to resolve their differences."
Exact(47)
§ 131.7 Dispute resolution mechanism.
What will be the dispute resolution mechanism?
Also unresolved are other American legal actions through the dispute resolution mechanism of the W.T.O.
The UK will remain outside the eurozone resolution mechanism.
At minimum, a single "resolution" mechanism is also needed.
Among the thorniest issues is a US effort to scrap the Chapter 19 dispute resolution mechanism.
Similar(11)
There's no judiciary, no dispute-resolution mechanism".
If there ever was a one-sided dispute-resolution mechanism that violates basic principles, this is it.
Any free trade agreement we enter into will always have some form of dispute-resolution mechanism built into it.
We have introduced more binding fiscal rules, brakes on national debt and a robust crisis-resolution mechanism that gives us time to pursue the necessary reforms.
Fourth, we need a more effective conflict-prevention, conflict-management, and crisis-resolution mechanism to defuse crises before they escalate.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com