The People's Republic of China (PRC) launched seven emissions trading scheme (ETS) pilot projects in 2013–2014 to explore a cost-effective approach for low-carbon development. The central government subsequently announced its plans for the full-fledged implementation of ETS in the entire PRC...

Since 1999, China has spent RMB 50 billion (about US$7 billion) to implement the "Grain for Green" programme, the largest land retirement programme in the developing world. From 1999 to 2003, over 7.2 million hectares of agricultural land were retired under the programme. However, many farmers...

China's economic growth has come at the expense of environmental quality and the degradation of natural resources. In this paper, we identify two sources of environmental degradation: career concerns by managers of state-owned enterprises (SFEs) that manage natural resources, and asymmetric...