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New Legislation Encourages Private Participation in ‘Ecosystem Services’

New Legislation Encourages Private Participation in ‘Ecosystem Services’

SEOUL, May 27 (Korea Bizwire) — An “ecosystem service payment system contract” will be introduced to compensate landowners for activities to preserve and promote ecological services by signing contracts with various levels of government. The Ministry of Environment said a related revision to the enforcement ordinance of the law was approved at a National Assembly [...]