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Billions spent to protect world water:Study

By The Economic Times, India
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Ecosystem Marketplace, a project of US-based non-profit organisation Forest Trends, released a study on Wednesday which stated that billions of dollars, mainly from China, are being poured into a fast-growing global system of rewards for people who protect endangered water resources. The study focused on two main instruments, Payments for Watershed Services (PWS) and Water Quality Trading (WQT).