Mechanisms to protect China's forests

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.

PES-1 (Payments for Environmental Services Associate Award)

Metadata only record

Country

United States

Related Organizations

Virginia Tech
United States

Keywords

Specialized forest management, Conservation strategy, Forest management, Forest ecological benefits subsidy funds (febsf), Ecological degradation, Payments for environmental services, Environmental law, Environmental services, Ecological forest, Compensation mechanisms, Forest ecological benefit compensation scheme (febcs), Temperate zones, Forest conservation, Commercial forestry, Ecosystem

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