Integrating Ecosystem Services Supply, Demand and Flow in Ecological Compensation: A Case Study of Carbon Sequestration Services

Through the implementation of ecological compensation policy, it is of great significance to protect ecosystems, coordinate regional development, and achieve sustainable development goals. This study selected the carbon sequestration service in Yantai as an example and carried out a study on the measurement of ecological compensation based on the ecosystem services supply and demand. Moreover, this study clarified the whole process of the generation, circulation and social demand docking of ecological benefits from the perspective of "nature-society", proposed a spatial flow characterization method for carbon sequestration services, and described the "externality" spillover of ecosystem services. The results showed that most areas of Yantai belonged to the ecological surplus area, which were important sources of carbon sequestration services. Ecological compensation was needed, with a total amount of about 2.2 billion yuan. Qixia, Muping and Penglai had greater comparative ecological radiation force (CERF), and the total amount of carbon sequestration services transferred to the external areas was large. Although the carbon sequestration flows of Yantai showed a spatial decay law, there were significant differences in the direction of different districts and cities. The study can provide a reference for achieving sustainable development of Yantai and formulating ecological compensation policy.