China issues guideline on deepening reform of eco-compensation mechanism

Beijing Review | Sep 13, 2021 at 2:00 AM
  • China has released a guideline on deepening the reform of the country’s ecological compensation mechanism to speed up the building of ecological civilization.
  • Efforts will be made to give full play to the role of market mechanism to promote diversified compensation and help regions that conduct ecological protection measures obtain benefits, so as to encourage the whole society to participate in ecological protection.
  • The country will accelerate the building of a national market for trading energy use rights and carbon emission rights.