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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 EcoCompensation 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…

Ecocompensation in Yunnan Province Experiences and Future Priorities

25 November 2016
Li Yuan, Director of the Yunnan Provincial Development and Reform Commission, introduced the development of ecological protection compensation system in Yunnan Province. Li shared that ecological protection compensation efforts in Yunnan primarily encompass public welfare forests, grasslands, key…

Ecocompensation in Qinghai Province Experiences and Future Priorities

25 November 2016
Hou Baojian, director of Qinghai Development and Reform Commission, introduced the practices and prospects of ecological compensation in Qinghai Province. Qinghai is the origin of the Yangtze River, the Yellow River, and the Lancang River. As the headwaters of these rivers, the province is known as…

Ecocompensation in Sichuan Province Experiences and Future Priorities

25 November 2016
Yu Hua, director of Sichuan Development and Reform Commission, presented the experiences and prospects of ecological compensation in Sichuan Province. The provincial government attaches great importance to the construction of ecological civilization and the protection of the ecological environment…

Ecocompensation 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…

Toward a National Ecocompensation Regulation in the Peoples 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.…