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Compensating ecological damage : comparative and economic observations / Jing Liu.


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Liu, Jing, 1985 May 1- author.
English. Chiefly English with summary in English and Dutch.
Publication date:
Copyright date:
Cambridge : Intersentia, [2013]
Copyright notice:
  • Book
  • xxi, 449 pages : illustrations ; 23 cm.
Based on the author's thesis (doctoral)--Universiteit Maastricht, 2013.
Includes bibliographical references (pages 413-447).
  • Introduction
  • The definitions and characteristics of ecological damage
  • Part I. Compensation models for ecological damage: theoretical framework. Legal rules concerning the prevention of ecological damage : economic observations
  • Analysis of specific compensation mechanisms
  • Compensation models for ecological damage
  • Part II. Empirical part. Compensation systems under the international regime
  • Compensation system for nuclear damage in the U.S.
  • Compensation systems in the EU and some EU member states
  • Conclusion of Part II
  • Part III. Towards an efficient compensation system in China. Compensation system for ecological damage in China and policy recommendations
  • Conclusion and policy recommendations
  • Summary: Compensating ecological damage : comparative and economic observations
  • Samenvatting: Compensatie voor ecologische schade : rechtsvergelijkende en economische beschouwingen.
This book focuses on ecological damage: the damage to private natural resources which have an ecological value in excess of their market value and the damage to public natural resources. Its aim is to design a compensation system, taking into account the interaction between regulation, liability rules and compensation mechanisms (such as liability insurance, direct insurance, risk-sharing agreements, environmental funds, other guarantees and capital markets), to both prevent and compensate for ecological damage. Three new compensation models are proposed in this research, mainly based on the desirability and feasibility of a mandatory financial security system. In addition to briefly exploring the existing experience in the US, the EU and international regimes, this book also provides both theoretical and empirical research on the Chinese compensation system, which the existing literature has largely neglected.
Ius commune europaeum 118.

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