Report Highlights the Cost of Europe Saying `No` to Gene Editing |
Breakthrough Institute and the Alliance for Science released a report about the economic costs of regulating new genomic techniques in the European Union. The report, titled The €3 Trillion Cost of Saying No: How the EU Risks Falling Behind in the Bioeconomy Revolution, presents that the EU's policies are not up-to-date, classifying gene-edited crops as genetically modified organisms, which is governed by a 2001 regulatory framework. |
Breakthrough Institute and the Alliance for Science released a report about the economic costs of regulating new genomic techniques in the European Union. The report, titled The €3 Trillion Cost of Saying No: How the EU Risks Falling Behind in the Bioeconomy Revolution, presents that the EU's policies are not up-to-date, classifying gene-edited crops as genetically modified organisms, which is governed by a 2001 regulatory framework. Thus, the NGT regulations hamper economic advancement, employment, and environmental sustainability in the continent and other regions.
The highlights of the report include the following:
Download the report for more information. https://www.isaaa.org/kc/cropbiotechupdate/ged/article/default.asp?ID=20513
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