Equivalent in money for a loss sustained, equivalent given for property taken or for an injury done to another, recompense or reward for some loss, injury or service. (GEMET/WESTS)
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2. 2. The Conference of the Parties shall examine, on the basis of studies to be carried out, the issue of liability and redress, including restoration and compensation, for damage to biological diversity, except where such liability is a purely internal matter.
Cartagena Protocol
Treaty articles
Liability and Redress
The Conference of the Parties serving as the meeting of the Parties to this Protocol shall, at its first meeting, adopt a process with respect to the appropriate elaboration of international rules and procedures in the field of liability and redress for damage resulting from transboundary movements of living modified organisms, analysing and taking due account of the ongoing processes in international law on these matters, and shall endeavour to complete this process within four years.
Convention on Biological Diversity
Cartagena Protocol
Basel Protocol on Liability and Compensation