Socio-Economic Considerations

Socio-Economic Considerations

Article 27 allows for parties to take into account socio-economic considerations (SECs) arising from the impact of living modified organisms on the conservation and sustainable use of biological diversity.  Particular regard is given to the value of biological diversity to indigenous and local communities. There is however the condition that inclusion of SECs in decision-making is done in a manner that is consistent with the country’s other international obligations.

• Objective of the Protocol 
• Scope of the Protocol
• The AIA procedure in detail
• The Advance Informed Agreement Procedure

• Decision making and Risk Assessment
• Socio-Economic Considerations
• Liability and Redress for damage