This best practice highlights the positive incentive measures that the government of China has designed and is implementing to encourage the achievement of biodiversity-friendly outcomes. It also highlights the steps that the government is taking to eliminate perverse incentives and subsidies which are harmful to biodiversity.
To achieve its national biodiversity target on promoting positive incentives, while eliminating negative incentive measures for biodiversity conservation, China has:
- Eliminated rebates for export of 553 products with high energy and resource consumption;
- Established guarantee funds, which require mining operators to deposit funds for ecological recovery in mining areas;
- Provided subsidies to key forestry and ecological conservation projects;
- Established funds for forest ecological benefit compensation, grassland ecological protection subsidy and reward, and wetland ecological benefit compensation;
- Established ecological compensation mechanisms for key ecological function zones.
Click here https://goo.gl/WkaL8N, to read about the key action taken by the Chinese government to achieve Aichi Biodiversity Target 3 aim to reform, eliminate or reduce harmful incentives and subsidies by 2020, and the impacts and lessons learned in the process.
Do you also have an example from your country on achieving Aichi Targets which you would like to share? Start a conversation with fellow practitioners in the comments section of this post or submit a best practice on the NBSAP Forum here https://goo.gl/jm5B7 to tell your story.
This best practice is a part of a series of best practices developed under the GEF funded “Support to Eligible Parties to Produce the Sixth National Report (6NR) to the CBD” project.