Supplementary Collective Compensation Arrangements: A Fund Mechanism for Damage Caused by LMOs: Need, Function and Structure

Publication - 1 February, 2008
This document addresses basic questions concerning the need for and adoption of a fundmechanism to ensure compensation for victims and restoration of the environment/biodiversity in cases of damage caused by LMOs that cannot be otherwise guaranteed under rules and procedures developed by the Working Group on Liability and Redress. Existing mechanisms, both nationally and internationally are noted, followed by an explanation of basic essential elements of fund mechanisms. The Greenpeace suggested text for the establishment of a fund is then provided. Finally, this document provides options for inclusion of supplementary compensation in the form of a fund mechanism in a comprehensive international regime on liability and redress under the Cartagena Protocol on Biosafety.