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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…

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…

Eco-compensation 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…

Eco-compensation 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…

Eco-compensation 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…

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…