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The Impact of Financial Inclusion and Financial Sector Development on Formal Remittances

19 January 2017
Remittance is an important economic resource. It is a catalyst of financial inclusion for it enables more users to access channels to financial services. Frequent access to financial services can help users save, invest, and plan their financial future. This in turn, can foster economic…

Engaging the Diaspora and Migrant Workers for Home Country Development: Diaspora Finance and Remittances

19 January 2017
Various factors need to be seriously considered when desiging policies on migration and remittances. To ensure their effectiveness, governments must recognize the diversity of the diaspora and consider the situation of remitters and their rights and protection in both their origin and destination…

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…

Eco-compensation in Chongqing Municipality: Experiences and Future Priorities

25 November 2016
Ye Chengli, deputy director of the Economic Cooperation Division of the Chongqing Municipal Development and Reform Commission, briefly presented the relevant work on ecological compensation in Chongqing Municipality. Chongqing implemented the development strategy of establishing five functional…

Practical Experiences in Combining Poverty and Environment at the National Level: The Experience of South Africa

24 November 2016
Poverty in South Africa is seen as one of the major challenges facing the young democracy. This is compounded by the high and continually increasing unemployment figures, with the youth and women being the most vulnerable groups. Such problems forced the population to overutilize the country’s…

Practical Experiences in Combining Poverty and Environment at the National Level: The National Greening Program of the Philippines

24 November 2016
The Philippines’ remaining forest cover accounts for only 23% of the country’s land area. This compelled then President Benigno "Noynoy" Aquino III to issue Executive Order (EO) No. 23, immediately banning logging in natural forests and intensified forest protection. On 24 February 2011, EO No. 26…

Grassland Eco-Compensation in China: What Can and Cannot Be Monitored?

24 November 2016
Grassland covers about 40% of the PRC and is its largest terrestrial ecosystem. Since 2011, the government-financed “subsidy and reward program for grassland ecological protection” has been enforced. It is the country’s most important grassland eco-compensation program. In his presentation, Dr. Hu…

Toward a National Eco-compensation Regulation in the People’s Republic of China

24 November 2016
National Development and Reform Commission (NDRC) of the People’s Republic of China (PRC) Deputy Director General Xiao Weiming and ADB East Asia Department Director General Ayumi Konishi opened the event and also launched the publication, Toward a National Eco-compensation Regulation in the PRC.…

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…

Progress in Payment for Forest Environmental Services in Viet Nam

24 November 2016
Pham Hong Luong, director of the Department of Planning and Finance, Viet Nam Administration of Forestry, provided a briefing on Viet Nam’s payment for forest environmental services (PFES). PFES was piloted in 2008 in two provinces, Son La and Lam Dong, and replicated throughout the country in 2011…

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