Strengthening Carbon Financing for Grassland Management in the People's Republic of China

Incentive Mechanisms and Implications

Nonfiction, Science & Nature, Technology, Agriculture & Animal Husbandry, Science, Earth Sciences, Business & Finance, Economics
Cover of the book Strengthening Carbon Financing for Grassland Management in the People's Republic of China by Asian Development Bank, Asian Development Bank
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Author: Asian Development Bank ISBN: 9789292543860
Publisher: Asian Development Bank Publication: February 1, 2014
Imprint: Asian Development Bank Language: English
Author: Asian Development Bank
ISBN: 9789292543860
Publisher: Asian Development Bank
Publication: February 1, 2014
Imprint: Asian Development Bank
Language: English

The People's Republic of China (PRC) is being impacted by climate change. The resulting degradation and desertification of grasslands are projected to lead to decreased productivity and severely affect livestock and ecosystems. Financial incentives are required to improve environmental management of grasslands and reduce greenhouse gas emissions in the grassland sector of the PRC. This publication summarizes the legal and policy framework for incentive programs, assesses the impact of three main incentive programs on soil carbon stocks, and analyzes the implications of these existing incentive mechanisms for the development of grassland carbon finance projects for domestic carbon markets.

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The People's Republic of China (PRC) is being impacted by climate change. The resulting degradation and desertification of grasslands are projected to lead to decreased productivity and severely affect livestock and ecosystems. Financial incentives are required to improve environmental management of grasslands and reduce greenhouse gas emissions in the grassland sector of the PRC. This publication summarizes the legal and policy framework for incentive programs, assesses the impact of three main incentive programs on soil carbon stocks, and analyzes the implications of these existing incentive mechanisms for the development of grassland carbon finance projects for domestic carbon markets.

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