Study on the fundraising of horizontal ecological compensation under efficiency and fairness: a case study of the Yellow River Basin in China.

How to raise the ecological compensation fund for the Yellow River Basin is one of the key difficulties for executing the ecological compensation mechanism and ensuring the high-quality development of the entire basin. This paper, which is based on systems theory, analyzes the social-economic-ecological compound system of the Yellow River Basin. It makes the point that the goals of human-water harmony, ecological compensation efficiency improvement, and coordinated regional development should be achieved in raising ecological compensation funds. Guided by the raising targets, a two-layer fundraising model based on efficiency and fairness is constructed for ecological compensation. The upper-level model is built to calculate the ecological compensation efficiency of each compensation subject from an input-output perspective. The initial fundraising scheme was further determined to implement the efficiency principle. Within the framework of sustainable development theory, the lower-level model adheres to the fairness principle based on efficiency. The social-economic development level of the compensation subject is considered to discriminate and optimize the initial scheme. Additionally, the two-layer model was utilized to conduct an empirical analysis with the data of the Yellow River Basin from 2013 to 2020. The results show that the optimized fundraising scheme is in line with the actual development level of the Yellow River Basin. This study can provide a reference for the fundraising of horizontal ecological compensation and promote the sustainable development of the whole basin.