Dec 04, 2021 05:58 PM (GMT+8) · EqualOcean
Financial Associated Press, Dec. 4 - according to the Shandong Provincial Department of finance, in order to encourage local afforestation and improve ecology, the Shandong Provincial Department of Finance and the Department of natural resources recently formulated and issued the measures for forest ecological compensation in Shandong Province (for Trial Implementation), formulated the "stable stock" of public welfare forest compensation, implemented the "incremental" of new afforestation compensation, and established the forest ecological compensation mechanism of the whole province. The provincial finance can subsidize up to 800 yuan per mu for new afforestation, and up to 400 yuan per mu for degraded forest restoration, farmland forest network and gap planting projects, so as to mobilize the enthusiasm of local afforestation and promote the improvement of forest coverage.

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