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Regional Workshop aimed at Addressing Aspects and Obstacles to the Process of Ratification of or Accession to the Basel Protocol on Liability and Compensation.

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Presentation on theme: "Regional Workshop aimed at Addressing Aspects and Obstacles to the Process of Ratification of or Accession to the Basel Protocol on Liability and Compensation."— Presentation transcript:

1 Regional Workshop aimed at Addressing Aspects and Obstacles to the Process of Ratification of or Accession to the Basel Protocol on Liability and Compensation Warsaw Poland January 2006

2 Difficulties with the minimum limits of liability Insurance companies have difficulties to fix insurance premium, because Annex B determines liability minimum for any one incident Insurance companies have difficulties to fix insurance premium, because Annex B determines liability minimum for any one incident Insurance is overhead burden for the notifier, exporter or importer Insurance is overhead burden for the notifier, exporter or importer There is no experience of the evaluation of environmental damages as well as insurance on this matter There is no experience of the evaluation of environmental damages as well as insurance on this matter

3 There is no need to establish financial limits on a higher level than financial limits specified in Annex B of the Protocol Because of abovementioned difficulties Because of abovementioned difficulties Financial limits specified in Annex B of the Protocol are sufficient to cover liability of the notifier, exporter and importer Financial limits specified in Annex B of the Protocol are sufficient to cover liability of the notifier, exporter and importer Environmental damages depend on categories of Hazardous wastes not only on quantity Environmental damages depend on categories of Hazardous wastes not only on quantity

4 Financial guaranties available to cover the liability specified in Annex B of the Protocol Insurance Insurance Bank guarantee Bank guarantee Mutual financial guarantee funds Mutual financial guarantee funds

5 Consultations with private insurance sector Consultations with regard to civil liability for environmental damage Consultations with regard to civil liability for environmental damage Suggestions of insurance sector: Suggestions of insurance sector: To define environmental damage, To define environmental damage, To define damage, that have to be covered by insurance To define damage, that have to be covered by insurance To determine limits of liability To determine limits of liability To batch statistics of environmental damages To batch statistics of environmental damages

6 Thank you for attention


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