Regulations on Ecological Protection Compensation (State Council Decree No. 779) (Chinese version only)
Regulations on Ecological Protection Compensation (State Council Decree No. 779)
Purpose:
To establish a systematic compensation mechanism for ecological protection through fiscal policies, inter-regional cooperation, and market-based approaches, incentivizing stakeholders to participate in environmental conservation.
Key Provisions:
Compensation Mechanisms:
Vertical Fiscal Compensation: Central and local governments provide funds to key ecological zones (e.g., national parks, protected areas) via transfer payments.
Horizontal Inter-Regional Compensation: Ecological beneficiary regions compensate protection areas through agreements (e.g., river basin partnerships).
Market-Based Compensation: Promotes carbon emission rights trading, eco-industries, and private-sector investment.
Recipients & Methods:
Recipients: Local governments, village committees, collectives, and individuals.
Methods: Financial compensation, industrial relocation, training, and eco-product procurement.
Safeguards:
Strict fund supervision to prevent misuse.
Enhanced monitoring, statistical systems, and standards.
Green finance, government procurement, and public oversight.
Incentives & Compliance:
Awards for outstanding contributors; disputes resolved through negotiation or higher-level rulings.
Effective Date: June 1, 2024.