Mechanisms to protect China's forests
Abstract
Recently, China has been paying increased attention to forest conservation. The Forest Ecological Benefit Compensation Scheme (FEBCS) was designed to provide a method to realize the market value of ecological forests. The Forest Ecological Benefits Subsidy Funds (FEBSF) program on the other hand subsidizes forest management without the use of market-based mechanisms. This means the government will subsidize owners/managers 75 Yuan/hectare for tending the forest, but no monetary compensation will be given for planting or revenue loss from restricted use.
Description
Metadata only record
Keywords
Temperate zones, Payments for environmental services, Forest management, Environmental services, Conservation strategy, Environmental law, Forest ecological benefit compensation scheme (febcs), Forest ecological benefits subsidy funds (febsf), Ecological degradation, Forest conservation, Compensation mechanisms, Specialized forest management, Ecological forest, Commercial forestry, Ecosystem