采矿权退出补偿金协商范围与非直接补偿研究

为了深入贯彻落实生态文明建设的理念,我国政府已发布一系列政策要求清退自然保护区内的采矿权。当前评估采矿权退出补偿的方式主要为应用折现现金流量法(DCF法),由于折现现金流量法的缺陷以及采矿权退出补偿需要经过谈判才能确定过程,本文通过研究提出了采矿权退出补偿金协商范围。其中,协商范围上限由实物期权方法计算,协商范围下限由套期保值比率和净现值法计算。此外,为降低地方政府的补偿金筹资压力,研究了非直接补偿方案,提出了补偿金资产证券化方案,期望通过采矿权退出补偿金谈判范围与非直接补偿研究推动采矿权退出实现顺利执行。

Study on the compensation range of policy mining rights withdrawal andindirect compensation

In order to thoroughly implement the concept of ecological civilization construction, the Chinese government has issued a series of policies to remove mining rights from nature reserves. The current method for assessing the compensation of mining rights withdrawal is mainly the application of the discounted cash flow method (DCF method). Due to the defects of the DCF method and the need of the negotiation process for compensating mining rights withdrawal, this paper proposes the compensation range of mining rights withdrawal. Among them, the upper limit of the compensation scope is calculated by the real option method, and the lower limit of the compensation scope is calculated by the hedging ratio and the net present value method. In addition, in order to reduce the funding pressure on local governments, this paper studies the indirect compensation scheme and proposes the scheme by compensation securitization. This paper expects to promote the smooth implementation of mining rights withdraw by proposing the two method mentioned above.