Liability fund:

Money intended to compensate conventional and organic farmers for losses caused by GM admixing

To handle the economic losses of conventional and organic farmers when out-crossing of GM pollen from neighbouring fields occurs, several EU countries have proposed liability funds. From country to country, various fund contributors have been proposed. Commonly, it is assumed that GM farmers will pay in correlation to their cultivation size, and participation of GM seed producers, governments and even non-GM farmers has been discussed.

As of October 2006, such a fund has been established only in Denmark, but further EU countries are finalising relevant plans.


Glossary

Display words starting with:
A B C D E
F G H I J
K L M N O
P Q R S T
U V W X Y
Z