Proposal for a practical framework to determine financial compensations for damage to nature - a discussion note prepared for the BIOVAL project of EUFJE, IMPEL and ENPE
When someone maliciously harms you, either materially or morally, they often need to pay you an indemnity in addition to punishment for the possible offence. Even if this does not always allow you to repair the damage, as a victim you are still compensated to some extent. This is rarely so when causing damage to nature, because to whom should this indemnity be paid and how do we determine the amounts?
Using the IPBES principles for plural valuation of nature, we drew up a list of indicative financial compensation amounts. The calculation is ready for 100 vertebrates (commonly found in court cases), and will be expanded in the future. We will also work on compensations for protected vegetations, forests and small landscape elements. This compensation then goes to a fund for nature restoration.
Using the IPBES principles for plural valuation of nature, we drew up a list of indicative financial compensation amounts. The calculation is ready for 100 vertebrates (commonly found in court cases), and will be expanded in the future. We will also work on compensations for protected vegetations, forests and small landscape elements. This compensation then goes to a fund for nature restoration.
Details
| Number of pages | 54 |
|---|---|
| Type | Reports of Research Institute for Nature and Forest |
| Category | Research |
| Language | English |
Bibtex
@misc{c6fa71f4-5b7b-4083-9652-48e86769182f,
title = "Proposal for a practical framework to determine financial compensations for damage to nature - a discussion note prepared for the BIOVAL project of EUFJE, IMPEL and ENPE",
abstract = "When someone maliciously harms you, either materially or morally, they often need to pay you an indemnity in addition to punishment for the possible offence. Even if this does not always allow you to repair the damage, as a victim you are still compensated to some extent. This is rarely so when causing damage to nature, because to whom should this indemnity be paid and how do we determine the amounts?
Using the IPBES principles for plural valuation of nature, we drew up a list of indicative financial compensation amounts. The calculation is ready for 100 vertebrates (commonly found in court cases), and will be expanded in the future. We will also work on compensations for protected vegetations, forests and small landscape elements. This compensation then goes to a fund for nature restoration.
",
author = "Jomme Desair and Lieven De Smet and Sander Jacobs",
year = "2024",
month = jan,
day = "01",
doi = "https://doi.org/10.21436/inbor.103891084",
language = "English",
publisher = "Instituut voor Natuur- en Bosonderzoek",
address = "Belgium,
type = "Other"
}
