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Theoretical Origins, Practical Experience, and Policy Recommendations of Watershed Ecological Compensation

In: Proceedings of the 2023 3rd International Conference on Financial Management and Economic Transition (FMET 2023)

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  • Yongliang Xu

    (China Institute of Geo-Environment Monitoring)

Abstract

With the rapid development of the economy and society, environmental issues have become increasingly prominent. The establishment and improvement of watershed ecological compensation mechanisms are of significant importance in promoting integrated watershed management, enhancing watershed environmental protection, and advancing the construction of an ecological civilization that fosters harmonious coexistence between humans and nature. This paper attempts to analyze the fundamental connotations of the concept of watershed ecological compensation from different perspectives. It explores the stages of its theoretical development, conducts a comprehensive analysis of existing watershed ecological compensation models and methods for setting compensation standards, and, based on China’s practical experience in watershed ecological compensation, identifies the existing issues within the watershed ecological compensation mechanism. Furthermore, the paper proposes recommendations for the enhancement of China’s watershed ecological compensation mechanism.

Suggested Citation

  • Yongliang Xu, 2024. "Theoretical Origins, Practical Experience, and Policy Recommendations of Watershed Ecological Compensation," Advances in Economics, Business and Management Research, in: Vilas Gaikar & Min Hou & Yan Li & Yan Ke (ed.), Proceedings of the 2023 3rd International Conference on Financial Management and Economic Transition (FMET 2023), pages 73-85, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-272-9_9
    DOI: 10.2991/978-94-6463-272-9_9
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