Zhang, Q., T. Lin, M.T. Bennett and L. Jin
This paper credits the PRC with having gained a wealth of experience with eco-compensation, which should influence both domestic and international understanding of the role of government in sustainable ecosystem services. This paper discusses the evolution of eco- compensation policy within the PRC’s environmental regulatory framework, summarizes important national and international developments, provides policy recommendations, and suggests further action. The paper concludes that the PRC government would benefit from greater understanding of other countries’ experience with PES programs and other market- based environmental policy instruments as it continues to work on an eco-compensation policy framework, which would enable private sector participation.