Edited by Jeff Bennett, Xuehong Wang and Lei Zhang
Jeff Bennett and Xuehong Wang With a total budget of CNY337 billion, the Conversion of Cropland to Forest and Grassland Program (CCFGP) is one of the world’s largest government initiatives to provide environmental goods and services. Upon successful completion, it will represent an almost 10 per cent increase in current national forest area. However, with government funding for the CCFGP drawing to an end in 2007, increasing attention amongst Chinese policy-makers, as well as the wider Chinese and international communities, has been devoted to the long-term sustainability of the land-use changes triggered by the CCFGP. This, coupled with growing public deﬁcits and increasing frustration with government inefﬁciencies, has called for the justiﬁcation of government intervention through the implementation of the Program. A partial cost–beneﬁt analysis (CBA) is set out in this book to show the long-term impact of the CCFGP on the social welfare of people living in North China. Due to the lack of sufﬁcient scientiﬁc information to establish the links between biophysical changes and economic impacts of the Program, some environmental costs and beneﬁts are not included in the analysis and hence a full CBA could not be conducted. Even so, the CBA reported in this research represents the ﬁrst of its kind in the CCFGP literature, especially with the comprehensive environmental valuation component included in the analysis. Non-market valuation of environmental beneﬁts has never been attempted in other CCFGP studies and remains rare in Chinese policy evaluations more...
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