Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    From $11.99/month after trial. Cancel anytime.

    Toward a National Eco-compensation Regulation in the People's Republic of China
    Toward a National Eco-compensation Regulation in the People's Republic of China
    Toward a National Eco-compensation Regulation in the People's Republic of China
    Ebook224 pages2 hours

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

    By Asian Development Bank

    ()

    Read preview

    About this ebook

    The Asian Development Bank and the National Development and Reform Commission of the People's Republic of China (PRC) undertook a study on eco-compensation regulations development in the country, on which this publication is based. The study examined the PRC's theory, practice, and legislation governing eco-compensation in selected ecological areas to map out the scope and content of a national eco-compensation regulation. Pursuit of its higher agenda of ecological civilization and development of its national eco-compensation regulation will require the PRC to capture the diversity that subnational projects have tapped, integrate its experience with eco-compensation at all levels of government into a coherent national regulatory framework, and harmonize this framework with existing laws and other legal instruments.
    LanguageEnglish
    PublisherAsian Development Bank
    Release dateNov 1, 2016
    ISBN9789292576561
    Toward a National Eco-compensation Regulation in the People's Republic of China

    Read more from Asian Development Bank

    Related to Toward a National Eco-compensation Regulation in the People's Republic of China

    Related ebooks

    Environmental Law For You

    View More
    View More

    Related podcast episodes

    Related articles

    • UNLIMITED

      The Green Light

      May 5, 2022

      Climate change is a long-term battle for the international community; what the world needs now more than ever is a new “green” agenda. Like many a multilateral gathering over the past few years, the 2022 Annual Conference of the Boao Forum for Asia (

      4 min read

    • UNLIMITED

      Second Nature

      Apr 4, 2023

      Second Nature
      3 min read

    • UNLIMITED

      The Commitment To Climate

      Nov 21, 2024

      The Commitment To Climate
      7 min read

    • UNLIMITED

      Green Action

      Aug 4, 2022

      Director General of the Climate Change Department of the Ministry of Ecology and Environment, China Green and low-carbon development is key to addressing climate change, a serious challenge facing the whole world. Over recent years, China has continu

      5 min read

    • UNLIMITED

      Sustainable Finance For Viksit Bharat

      Aug 30, 2024

      Dear Stakeholders, I welcome you all to the 55th Annual General Meeting of REC Limited, Creating history seems to be a new habit of REC and I am again happy to share that during FY24, REC delivered an outstanding performance across all fronts. > High

      3 min read

    • UNLIMITED

      Top-Down, Bottom-Up

      Nov 17, 2022

      On November 1, Cainiao Network, e-commerce giant Alibaba’s logistics arm, posted a special ad online, recruiting 1,000 volunteers to show customers how to recycle their express packages at more than 300 Cainiao outlets nationwide. In turn, people cou

      4 min read

    • UNLIMITED

      Green Gains

      May 4, 2023

      Dimitri de Boer, chief representative of London-headquartered environmental law organization ClientEarth in China, has been supporting intergovernmental cooperation on environmental and ecological protection between China and European countries. He i

      5 min read

    • UNLIMITED

      Working To Improve The Bus Industry

      Aug 22, 2022

      We are halfway through 2022, following years of significant change and impacts to the Australian bus and coach industry. Heavy vehicle regulations, standards and national laws are undergoing their cyclic reviews, with three major reforms underway. Ex

      3 min read

    • UNLIMITED

      A Better Future For All

      Oct 15, 2020

      Beijing Review: What is going to be the focus of development in the post-novel coronavirus pandemic period? Beate Trankmann: The world that emerges post-novel coronavirus disease (COVID-19) will be very different and how we respond and adapt during t

      5 min read

    • UNLIMITED

      Federal Grants: Duct Tape or Catalyst for Environmental and Climate Justice?

      Nov 28, 2023

      The latest grant program announced on November 21, 2023, is EPA’s largest grant program dedicated to community-based organizations.

      6 min read

    • UNLIMITED

      Renew And Refresh

      Mar 4, 2023

      Renew And Refresh
      6 min read

    • UNLIMITED

      Q &A

      Sep 1, 2022

      Why is it so important to expedite the Circular Economy? Most of us are aware by now that there is an urgent need to protect the world’s ecosystems and reduce the carbon emissions that come from the creation, distribution and disposal of waste. Accor

      6 min read

    • UNLIMITED

      The Market For Green Finance Is Growing Globally

      Mar 6, 2021

      CLIMATE change is no longer a future threat – it has already had a devastating impact on the financial sector. However, it also presents opportunities for investors. Financial institutions are exposed to the physical risks associated with more freque

      2 min read

    • UNLIMITED

      The Market For Green Finance Is Growing Globally

      Mar 6, 2021

      CLIMATE change is no longer a future threat – it has already had a devastating impact on the financial sector. However, it also presents opportunities for investors. Financial institutions are exposed to the physical risks associated with more freque

      2 min read

    • UNLIMITED

      De-risking The Books

      Jun 8, 2024

      De-risking The Books
      4 min read

    • UNLIMITED

      NHI Versus Private Health Care

      Dec 2, 2023

      NHI Versus Private Health Care
      4 min read

    • UNLIMITED

      NHI Versus Private Health Care

      Dec 2, 2023

      NHI Versus Private Health Care
      4 min read

    • UNLIMITED

      Two Out Of Three Greater Bay Area Firms Have Adopted Sustainable Practices, With ESG Investments Set To Reach US$128 Billion In Next Two Years: Survey

      Oct 27, 2023

      Two out of three firms in the Greater Bay Area have adopted sustainable development practices in their business operations, and investments relating to environmental, social and governance (ESG) by such enterprises could reach HK$1 trillion (US$127.8

      2 min read

    • UNLIMITED

      China's 30/60 Goals: Beijing Unveils 'Transition Bonds' For Eight Dirty Industries, To Meet Carbon Reduction Targets

      Jun 7, 2022

      China plans to introduce a new type of bond financing to help eight carbon-intensive industries reduce pollution, widening their access to capital markets as part of the nation's drive to achieve long-term peak-emissions and net-zero goals. The instr

      2 min read

    • UNLIMITED

      Valuing Nature

      Jan 30, 2022

      Valuing Nature
      6 min read

    • UNLIMITED

      Green Loans Fuel Sustainable Growth

      Dec 5, 2024

      The 29th Session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29), concluded in Baku, Azerbaijan, on November 24. After two weeks of arduous negotiations, the conference adopted over 20 decisions o

      4 min read

    • UNLIMITED

      Flying High

      Aug 27, 2020

      After the outbreak of the novel coronavirus disease (COVID-19) pandemic, the Asian Infrastructure Investment Bank (AIIB) launched the COVID-19 Crisis Recovery Facility to support its members and clients to alleviate and mitigate economic, financial a

      3 min read

    • UNLIMITED

      More Active Involvement

      Mar 4, 2021

      Statistics from China’s central bank, the People’s Bank of China (PBC), reveal China’s strong position as a global leader in green finance. According to the PBC data, by the end of 2020, China was number one globally in terms of green loans and secon

      2 min read

    Related categories

    Reviews for Toward a National Eco-compensation Regulation in the People's Republic of China

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Toward a National Eco-compensation Regulation in the People's Republic of China - Asian Development Bank

      TOWARD A NATIONAL ECO-COMPENSATION REGULATION IN THE PEOPLE’S REPUBLIC OF CHINA

      November 2016

      Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO)

      © 2016 Asian Development Bank

      6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, Philippines

      Tel +63 2 632 4444; Fax +63 2 636 2444

      www.adb.org

      Some rights reserved. Published in 2016.

      Printed in the Philippines.

      ISBN 978-92-9257-655-4 (Print), 978-92-9257-656-1 (e-ISBN)

      Publication Stock No. RPT168529-2

      Cataloging-In-Publication Data

      Asian Development Bank.

      Toward a national eco-compensation regulation in the People’s Republic of China.

      Mandaluyong City, Philippines: Asian Development Bank, 2016.

      1. Eco-compensation pilot projects.    2. National eco-compensation regulation.    3. People’s Republic of China.    I. Asian Development Bank.

      The views expressed in this publication are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent.

      ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. The mention of specific companies or products of manufacturers does not imply that they are endorsed or recommended by ADB in preference to others of a similar nature that are not mentioned.

      By making any designation of or reference to a particular territory or geographic area, or by using the term country in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.

      This work is available under the Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO) https://creativecommons.org/licenses/by/3.0/igo/. By using the content of this publication, you agree to be bound by the terms of this license.

      This CC license does not apply to non-ADB copyright materials in this publication. If the material is attributed to another source, please contact the copyright owner or publisher of that source for permission to reproduce it. ADB cannot be held liable for any claims that arise as a result of your use of the material.

      Attribution—You should always acknowledge ADB as the source using the following format:

      [Author]. [Year of publication]. [Title of the work in italics]. [City of publication]: [Publisher]. © ADB. [URL or DOI] [license].

      Translations—Any translations you create should carry the following disclaimer:

      Originally published by ADB in English under the title [title in italics]. © ADB. [URL or DOI] [license]. The quality of the translation and its coherence with the original text is the sole responsibility of the translator. The English original of this work is the only official version.

      Adaptations—Any adaptations you create should carry the following disclaimer:

      This is an adaptation of an original work titled [title in italics]. © ADB. [URL or DOI][license]. The views expressed here are those of the authors and do not necessarily reflect the views and policies of ADB or its Board of Governors or the governments they represent. ADB does not endorse this work or guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use.

      Please contact [email protected] if you have questions or comments with respect to content, or if you wish to obtain copyright permission for your intended use that does not fall within these terms, or for permission to use the ADB logo.

      Notes:

      In this publication, $ refers to US dollars.

      ADB recognizes China as the People’s Republic of China.

      Corrigenda to ADB publications may be found at http://www.adb.org/publications/corrigenda

      Contents

      Figures, Tables, and Box

      Figures

      Tables

      Box

      Foreword

      The People’s Republic of China (PRC) has been developing the concept and practice of eco-compensation for more than a decade, and its efforts have been internationally recognized. Provincial, municipal, and county governments have been undertaking innovative and wide-ranging experiments of different eco-compensation schemes. In 2010, the Government of the PRC determined that the time had come to comprehensively regulate eco-compensation at the national level, and designated the National Development and Reform Commission (NDRC) as the lead of this initiative. By 2013, coupled with reforms in forest ownership and massive government investment, eco-compensation was being hailed as one of the most important support measures to slow the degradation and loss of the country’s soils, grasslands, and forests.

      Eco-compensation in the PRC is mainly a public mechanism to promote environmental protection and restoration, including through the payment for ecological services. It is a package of different mechanisms that employ monetary subsidies as an integral part of project support. The PRC intends to use the new national regulation to introduce market-based mechanisms in this transaction.

      The PRC sees a national regulation for eco-compensation as an essential prerequisite for implementing crucial environmental safeguards. It is also an important policy measure for promoting the coordinated development of basic public services across the country. However, regulating eco-compensation is no small task. It requires a fundamental rethinking of the existing economic development model and educating people to create a resource-conserving and environment-friendly society in all parts of the country.

      To spur that rethinking process, the NDRC, with support from the Asian Development Bank (ADB), undertook a 3-year study to map out the scope and content of a national eco-compensation regulation. The NDRC published the results of that study in Chinese in 2013. In response to the interest from other developing member countries, we prepared an English version, which is this publication.

      This publication is the most recent product from ADB’s continuing collaboration with the NDRC—our earlier joint work include An Eco-Compensation Policy Framework for the People’s Republic of China: Challenges and Opportunities (2010), Payments for Ecological Services and Eco-Compensation: Practices and Innovations in the People’s Republic of China (2010), Eco-Compensation for Watershed Services in the People’s Republic of China (2011), and Developing Eco-Compensation in the PRC: The Way Forward (2013).

      While this report primarily focuses on the findings and the recommendations of the 2011–2013 study, we need to be fully aware of the rapid progress the PRC is making in the environment protection related policies and regulations. The 2014 amendment of the Environmental Protection Law that came into force in 2015 provides the legal basis for a national eco-compensation mechanism and enables the use of market mechanisms for eco-compensation.

      In 2015, the Central Committee of the Communist Party of China and the State Council released the Master Plan for the Reform of Ecological Civilization Institutions, calling for the establishment of an ecological civilization by 2020 consisting of a system for property rights of natural resource assets, an eco-compensation system for paid resource use, and an ecosystem protection market system, among others, so as to promote the modernization of the governance system and capacity of the state in the field of ecological civilization.

      More recently, in May 2016, the State Council approved a paper entitled Several Opinions on Establishing a Sound Eco-compensation Mechanism and the Eco-compensation Regulations (Opinions Paper). The Opinions Paper calls for the establishment of new mechanisms to promote ecosystem protection, including eco-compensation, and notes that market-based mechanisms should be further studied and introduced. It also advocates the establishment of an initial distribution system for water rights, pollution rights, and carbon emissions rights, and the development of relevant

      Enjoying the preview?
      Page 1 of 1