China is a global leader in the use of ecological compensation (“eco-compensation”)—fiscal transfers for environmental and natural resources management. China is one of the most fiscally decentralized countries in the world, with 85 percent of government spending occurring at subnational levels. In this context, fiscal transfers are one of the national government’s most important tools for motivating and aligning environmental actions across levels...
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2022/02/11
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168659
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1
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2022/02/11
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Disclosed
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Ecological Compensation in China : Trends and Opportunities for Incentive-Based Policies Towards a Greener China
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