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Innovative finance mechanisms to protect water resources in the Xin’an River Basin

This brief shows how innovative financing can help cut agricultural pollution in the People's Republic of China’s Xin'an River Basin by plugging funding gaps for nature-based solutions that also mitigate against climate change. It highlights the importance of the basin that supplies drinking water t...

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Main Authors: Fan, Mingyuan, Chen, Kevin Z., Cardascia, Silvia, Fischer, Christian
Format: Brief
Language:Inglés
Published: Asian Development Bank 2022
Subjects:
financing
innovation
agricultural pollution
funding
climate change
drinking water
policy recommendations
environmental protection
farmers
small businesses
watersheds
sustainability
small enterprises
pollution
Online Access:https://hdl.handle.net/10568/127445
Summary:This brief shows how innovative financing can help cut agricultural pollution in the People's Republic of China’s Xin'an River Basin by plugging funding gaps for nature-based solutions that also mitigate against climate change. It highlights the importance of the basin that supplies drinking water to 10 million people and explains how insufficient financing is limiting the effectiveness of existing ecological compensation schemes. Offering policy recommendations to incentivize environmental protections, the brief details how two ADB-backed funds can be scaled up to support efforts by farmers and small businesses to make the watershed green, sustainable, and inclusive.

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