Mainstreaming Eco-Compensation into Development: The ADB Vision
Alvin Lopez, ADB’s senior natural resources and agriculture specialist, delivered the keynote presentation at the 5th International Conference on Eco-compensation and Payments for Ecosystem Services on 24 November in Kunming. The presentation highlighted some of the key environmental challenges in the PRC, including watershed management issues; defined and contrasted the terms eco-compensation and payments for ecosystem services (PES); summarized ADB’s partnership with the PRC on eco-compensation initiatives; and discussed remaining challenges and the ADB vision on the eco-compensation agenda in the PRC.