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Wetland Mitigation Banking: Approaches to Credit Determination

25 November 2016
Wetland mitigation banking is a regulatory-driven environmental market. Federal regulations, under the Clean Water Act, require a permit for certain impacts to wetlands and other water resources. To obtain a permit, permit applicants must demonstrate that, in planning their development projects,…

Trust Funds as a Tool to Protect the Water Source Areas: A Case Study in Longwu, Zhejiang Province

25 November 2016
The Shanshui trust fund, Hangzhou’s Longwu reservoir water source protection project, is a public trust project to protect and manage the environment of small drinking water source. It is supported by the Wanxiang Trust–China Nature Conservancy Public Trust. The project use the trust structure to…

Implementing Biodiversity Offsets – Challenges and Opportunities: Lessons Learned from the French Experiences

25 November 2016
When development projects generate impacts on biodiversity that could not be sufficiently avoided or reduced, offsets must be designed and implemented to effectively and fully compensate for the residual loss of biodiversity. International best practice indicates that biodiversity offsets must…

Market Based Eco-Compensation Mechanism for Forest Carbon Sink

25 November 2016
In the PRC, around 90% of climate change-sensitive areas are found in poverty-stricken regions. Reducing poverty through market mechanism is crucial to poverty-relief programs and to coping with the climate change challenge. ADB’s technical assistance project for the “Market-based Eco-compensation…

China Carbon Trading Mechanism and Potentials

25 November 2016
Prof. Zhihong Wei of Tsinghua University introduced the carbon trading market in the PRC. Two carbon trading mechanisms have been established in the PRC—(i) the “GHG voluntary emission reduction trading” (CCER) founded in 2012, and (ii) the “carbon emission rights trading” (CCERT) proposed by end…

Mainstreaming Eco-Compensation into Development: The ADB Vision

24 November 2016
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…

Eco-Compensation Legislation Development in the People's Republic of China: Progress, Challenges and Next Steps

24 November 2016
Prof. Wang Jin, professor at Peking University Law School and director of Peking University Resources, Energy and Environmental Law Institute, discussed the development of eco-compensation legislation in the People’s Republic of China (PRC). Twenty years since the PRC government put forward the…

Mandalay City Goes Green

24 November 2016
ADB's Eri Honda and ADB consultant Ian Hamilton shares stories on how the restoration of Thingazar Creek is paving the way for the transformation of Mandalay into a prosperous, green urban center. The Mandalay Urban Services Improvement Project is the first urban development project since ADB's re-…

Mandalay City Goes Green

24 November 2016
ADB's Eri Honda and ADB consultant Ian Hamilton shares stories on how the restoration of Thingazar Creek is paving the way for the transformation of Mandalay into a prosperous, green urban center. The Mandalay Urban Services Improvement Project is the first urban development project since ADB's re-…

An International Overview of Innovative Financing Instruments for Ecosystem Management, and Implications for the People's Republic of China

24 November 2016
Michael Bennett, Forest Trends senior researcher, outlined some of the major types of innovative approaches for conservation finance globally, and highlighted some of the main trends in the developments of these approaches. In the presentation, Bennett discussed the position of the People’s…

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