This group of indicators assesses whether national laws comply with Section 16.3 of the VGGTs. Section 16.3 of the VGGTs provides that “States should ensure a fair valuation and prompt compensation in accordance with national law. Among other forms, the compensation may be, for example, in cash, rights to alternative areas, or a combination.
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If the national laws assessed fully adopt the VGGT principle, then a score of "A" is given.
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If the national laws assessed partially adopt the VGGT principle, then a score of "B" is given.
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If the national laws assessed do not adopt the VGGT principle, then a score of "C" is given.
Data definitions:
Fair Valuation and Prompt Compensation Indicators
| Indicator | Min-Max Number of years |
Countries / Obs | Min / Max Value |
|---|---|---|---|
| Fair Valuation and Prompt Compensation Indicators |
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