Compensation Mechanism For The Damage Of Marine Resources

From the economics perspective, one of the means to alleviate the damage to the ocean resources is to internalize the external cost, in other words, rendering the responsible party that generated any damage be the one that compensates to a full extent. Lack in the details that allowing the action of practical compensation cause tremendous difficulties in our country, despite of the general appreciation which any damage of resources warrants a proper compensation. Therefore, it is a common scenario that those who caused damage to the resources waived their compensatory responsibility. Establishing a regulatory mechanism that guarantees effective compensation is a prerequisite to protect our invaluable ocean resources.The aim of this thesis study, which incorporates the theoretical and practical knowledge gathered from domestic and international studies, is to propose a tentative methodology of appraising the extent of damage to the ocean resources, providing a technical reference for the governmental decision process. The main conclusions are as follows:1. Defining and categorizing the ocean resources through analyzing the advantages and disadvantages of the current ocean resource categorizing system: the ocean resources includes material, spatial, energetic and ecological aspects; the ocean resources is to be regulated and distributed through governmental decisions and the aforementioned knowledge should be integrated to the practical defining process to the ocean resources of Xiamen.2. Analyzing the current methodologies for value appraisal, including (translations the four methods), comparing the practical flow, effective range, merits and potential problems, selecting appropriate methods to accommodate the need to evaluate the extent of damage to the ocean resources.The West bay area of Xiamen and the bay of Tong'an are cases of this study. By establishing mathematical/ecological models to evaluating the cost of expanding the continental area through a process characterized by filling the peripheral ocean, this study indicates that the costs is RMB765 for the West bay area of Xiamen and RMB699.7 for the bay of Tong'an, respectively. In addition, the cost is RMB0.05, 0.07 and 0.07 for releasing 1m~3 water contaminated with COD and BOD per year, in the West, East and Tong'an bay areas, respectively.3. Discussing the feasibility of three methodologies for calculating the extent required for compensatory actions: the methods of resource-resource, service-service and evaluation of cost, establishing the standards for technical feasibility and comparative cost efficiency for each methods. An example of study using the above-mentioned methodologies is the ongoing compensatory project for the Red Forest and beach of Xiamen area.4. Discussing the compensatory mechanism for the usage of the Xiamen ocean spatial resource, proposing that a compensating fee can be included in the standard fee for using the ocean spatial resource. This compensating fee would warrant sufficient funds for the follow-up actions exerted by the local government for alleviation and possible full recovery.This thesis study incorporated the theoretical knowledge, lawful regulation, field experience, as well as the current standings of Xiamen, propose to establish a compensatory mechanism for Xiamen ocean resources in the following 10 aspects: the threshold for initiating the acting of this compensatory mechanism, the defining of the responsible party, the standards of compensation, the range and means of compensatory action, the sources of funding, the evaluating flow-charts and methodology, the guidelines of selection for compensatory means and extent, the establishing, accomplishing the specific compensatory action and the solution of possible dispute that may arise during these aforementioned processes.