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

Published By: Asian Development Bank | Published Date: November, 01 , 2016

The study recognized the need for consideration of numerous issues when developing ecocompensation regulations. These include (i) provision of guidance for determining the ecocompensation rate; (ii) establishing an eco compensation arbitration system to deal with disputes (e.g., in the case of watersheds); (iii) requirement on understanding of actual needs of the beneficiaries (e.g., the need for technical assistance and other types of nonmonetary support may be more critical than cash subsidies); (iv) strengthening the supervision, monitoring, and evaluation mechanisms that might otherwise lead to inefficient use of funds; (v) including clauses for independent third-party monitoring of eco-compensation programs; (vi) clarification of property rights; and (vii) inclusion of measures designed to ensure that eco-compensation supports poverty alleviation.

Author(s): Asian Development Bank Institute | Posted on: May 11, 2017 | Views() | Download (201)

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