EFFECTIVENESS OF ENVIRONMENTAL INSURANCE AS A MECHANISM FOR COMPENSATION FOR DAMAGE CAUSED TO THE ENVIRONMENT
Journal Title: Юридичний науковий електронний журнал - Year 2017, Vol 5, Issue
Abstract
The article examines the effectiveness of environmental insurance as a mechanism for compensation for damage caused to the environment. The purpose of implementation and the main functions of ecological insurance is considered. The necessity of introducing obligatory liability insurance for damage caused to the environment is substantiated. The problems of legal regulation of the system of ecological insurance in Ukraine are determined and ways of its improvement are offered. It is determined that ecological insurance in Ukraine, besides other functions, must ensure, including through the rules of preventive influence, the effective operation of the mechanism of compensation for damage caused to the environment in the amount sufficient to restore it to intact state. The urgency of issues concerning the regulation of environmental insurance in Ukraine has been proved, in order to increase the effectiveness of its application, starting with the adoption of a separate law «On Environmental Insurance» and ending with the introduction of compulsory environmental insurance for economic entities whose activities are related to the increased ecological danger, as well as the use of a number of practical preventive measures such as the introduction of mandatory state monitoring of the state of the environment and the ecologist an audit of business entities, the introduction of automated systems for predicting emergencies and assessing their possible negative consequences and others that still require research and detailed development with a view to their further legislative implementation in Ukraine.
Authors and Affiliations
С. В Грищак, М. В Бабенко
Keywords
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