Benefit-Sharing as Investment Protection for Space Resource Utilization

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

Benefit-Sharing as Investment Protection for Space Resource Utilization

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Benefit-Sharing as Investment Protection for Space Resource Utilization

Popis výsledku anglicky

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.

Druh

J_ost - Ostatní články v recenzovaných periodicích

CEP obor

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OECD FORD obor

50401 - Sociology

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2021

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

New Space [online]

ISSN

2168-0264

e-ISSN

—

Svazek periodika

2021

Číslo periodika v rámci svazku

9

Stát vydavatele periodika

US - Spojené státy americké

Počet stran výsledku

9

Strana od-do

1-9

Kód UT WoS článku

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EID výsledku v databázi Scopus

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