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Skills Development Funds: Country Experiences and Implications for South Asia

15 December 2016
Technical and vocational education and training (TVET), in general, equips workforce with lifelong and technical skills that are required from employers. One of the ways to finance TVET is by setting up a dedicated fund for skills development, known as skills development fund.

Economics of Insurance: Understanding the Value Creation

8 December 2016
According to a World Bank study in 2006, insurance and economic growth have a causal relationship. As economies expand, more businesses will seek insurance to manage their exposure to risk. To stimulate economic growth, availability and use of insurance should also be encouraged. This study shares…

Digital Revolutions in Taxation

2 December 2016
Digitalization has vast potential for tax policy and revenue administration. Increased access to information, enhanced digital systems, and greater processing capabilities will allow for reductions in the cost of tax collection and compliance and lead to new tax policy options. Based on the latest…

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…

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…

Water Funds in the People’s Republic of China

24 November 2016
Based on the payment for ecosystem scheme, The Nature Conservancy (TNC) has developed sophisticated financial tools, collectively called Water Funds, to attract investments from water users and direct the funding toward conservation of key lands upstream that filter and regulate water supply. TNC’s…

Accounting Gross Ecosystem Product (GEP)

24 November 2016
Ecosystem is essential for human survival and development. Yet in the economic-social-environment nexus, there is currently no widely used index to measure sustainability of the natural environment. The economic system has gross domestic product (GDP) to measure its performance, whereas social…

Going Beyond Corporate Social Responsibility

24 November 2016
As part of the increasing global efforts to an environmentally sustainable growth, this closing plenary session features discussions that cover green business possibilities beyond corporate social responsibility. It revisits themes, trends, and opportunities that were discussed during the three-day…

Green Finance

23 November 2016
The path that the People's Republic of China has taken to design its green financial system is covered in this presentation. It also examines closely the concept of green finance by understanding its meaning and importance.

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