Based on the author's thesis (doctoral)--Universiteit Maastricht, 2013.
Includes bibliographical references (pages 413-447).
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.