Open Access#12007
Mechanisms to protect China's forests
Metadata only record ; 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)