Benefit-Sharing as Investment Protection for Space Resource Utilization
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11210%2F21%3A10437564" target="_blank" >RIV/00216208:11210/21:10437564 - isvavai.cz</a>
Result on the web
<a href="https://verso.is.cuni.cz/pub/verso.fpl?fname=obd_publikace_handle&handle=~g2Irrts6B" target="_blank" >https://verso.is.cuni.cz/pub/verso.fpl?fname=obd_publikace_handle&handle=~g2Irrts6B</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1089/space.2021.0050" target="_blank" >10.1089/space.2021.0050</a>
Alternative languages
Result language
angličtina
Original language name
Benefit-Sharing as Investment Protection for Space Resource Utilization
Original language description
Despite the adoption of several national space mining legislations, Space Resource Utilization (SRU) suffers from international legal ambiguity that increases investment risks. We consider the vagueness of the benefit-sharing requirements from space activities under the Outer Space Treaty Article I to be the main legal gap regarding SRU. To increase private investments into the SRU sector, we offer a way to address the legal uncertainty. We argue that: (1) there is a low likelihood of an emergence of a new international space-mining regime that would fix this uncertainty, and (2) the relatively low knowledge regarding the required processes, technologies, and final benefits of SRU prevent us from designing an effective, functional, and flexible way of sharing the benefits without significantly constraining private investments. As a fix we provide an investor-oriented approach that (1) shifts the responsibility for defining and proposing the benefit-sharing mechanism to private actors soliciting authorization for space mining; (2) considers the contributions of space-mining actors to the existing globally agreed goals, such as the Sustainable Development Goals or the Paris Agreement, as a form of ensuring the use of outer space benefits all countries in accordance with the OST Article I.
Czech name
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Czech description
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Classification
Type
J<sub>ost</sub> - Miscellaneous article in a specialist periodical
CEP classification
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OECD FORD branch
50401 - Sociology
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
New Space [online]
ISSN
2168-0264
e-ISSN
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Volume of the periodical
2021
Issue of the periodical within the volume
9
Country of publishing house
US - UNITED STATES
Number of pages
9
Pages from-to
1-9
UT code for WoS article
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EID of the result in the Scopus database
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