Market-based Instruments in Water and Environmental Management in China
China is facing great challenges in the areas of water scarcity, water pollution, air pollution as well as soil erosion. The conventional Command and Control approach has failed in many cases and market- based instruments are starting to be introduced to improve management of water and the environment. The paper analyzes the institutional setting for water and environmental management in China, and summarizes and discusses experimental pilots of SO 2 emission permits trading, effluent permits trading, surface water use rights transfer and groundwater service market and auction for land conservation. Based on the analysis and discussions, the paper concludes that ① MBIs in China are at its infancy stage, but has a great potential; ② Legislation and institution should be improved and perfected to accommodate the theory and local context; ③ MBIs is not going to replace CAC, but to complement it; ④ More detailed quantitative studies should be undertaken to fully explore the benefits and weakness of MBIs in the Chinese context.
water resources management market-based instruments water tariff water rights market emission permits trading
Hao Zhao Michael Burton
Ministry of Water Resources, China The University of Western Australia, Perth The University of Western Australia, Perth
国际会议
山东东营
英文
38-46
2007-10-16（万方平台首次上网日期，不代表论文的发表时间）