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The transboundary ecological compensation construction based on pollution rights: Ways to keep the natural resources sustained

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  • Lu, Shibao
  • Lu, Wenjing
  • Shao, Wei
  • Xue, Yangang
  • Taghizadeh-Hesary, Farhad

Abstract

This paper constructed the ecological compensation system and calculated the total compensation of the Huaihe River Basin in China based on the watershed ecological compensation model. This compensation system reflects the value of the emission right and provides new perceptions for realizing the mutual development of the corresponding regions. It also helps to develop policies to keep the natural resources sustained. The results showed that Jiangsu province produces much more pollutant discharge and should compensate Anhui province for its drainage basin ecology. As a mid-stream administrative region, Anhui Province should receive ecological compensation from Henan Province, an upstream administrative region. The ecological compensation relationship among the subjects and the amount of compensation can be determined through the emissions trading system.

Suggested Citation

  • Lu, Shibao & Lu, Wenjing & Shao, Wei & Xue, Yangang & Taghizadeh-Hesary, Farhad, 2021. "The transboundary ecological compensation construction based on pollution rights: Ways to keep the natural resources sustained," Resources Policy, Elsevier, vol. 74(C).
    • Handle: RePEc:eee:jrpoli:v:74:y:2021:i:c:s0301420721004104
    DOI: 10.1016/j.resourpol.2021.102401
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    References listed on IDEAS

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    Cited by:

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    5. Wu, Xin & Bai, Xiao & Qi, Hanying & Lu, Lanxin & Yang, Mingyuan & Taghizadeh-Hesary, Farhad, 2023. "The impact of climate change on banking systemic risk," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 419-437.
    6. Yubing Wang & Kai Zhu & Xiao Xiong & Jianuo Yin & Haoran Yan & Yuan Zhang & Hai Liu, 2022. "Assessment of the Ecological Compensation Standards for Cross-Basin Water Diversion Projects from the Perspective of Main Headwater and Receiver Areas," IJERPH, MDPI, vol. 20(1), pages 1-31, December.
    7. Li, Meng & Lu, Shibao & Li, Wei, 2022. "Stakeholders′ ecological-economic compensation of river basin: A multi-stage dynamic game analysis," Resources Policy, Elsevier, vol. 79(C).
    8. Ziyong Su & Zhanqi Wang & Liguo Zhang, 2022. "Spatial-Temporal Characteristics of Ecosystem Service Values of Watershed and Ecological Compensation Scheme Considering Its Realization in Spatial Planning," Sustainability, MDPI, vol. 14(13), pages 1-17, July.
    9. Li, Jiaman & Dong, Kangyin & Dong, Xiucheng & Shahbaz, Muhammad, 2022. "How green trade influences pollution emissions in China: A provincial perspective," Energy Economics, Elsevier, vol. 115(C).

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