In a recent press release, BIO’s Cathy Enright calls attention to the recently published PG Economics report, “GM Crops: Global Socio-Economic and Environmental Impacts 1996-2012”.
The economic benefits for farmers who use genetically modified (GM) seeds amounted to an average of more than $117/hectare in 2012, according to the PG Economics report.
Farmers around the world who use seeds improved with biotechnology are benefiting economically while improving the environmental sustainability of their farming operations.
“Half of the farm income gains and the majority of the environmental gains associated with changes in pesticide use and reductions in greenhouse gas emissions occurred in developing countries,” said Graham Brookes, co-author of the report.
Dr. Cathleen Enright, executive vice president for food and agriculture for the Biotechnology Industry Organization (BIO), points out that the report’s findings regarding biotechnology’s contributions to the environment are equally significant.
“The increased use of insect-resistant crops has reduced the need for chemical insecticides and the adoption of herbicide-tolerant crops have enabled farmers to switch to more benign herbicides to help control weeds,” says Enright. “In addition, the switch to no-till cropping systems by farmers growing herbicide-tolerant crops has reduced on-farm fuel use, enhanced soil quality and cut greenhouse gas emissions.”
The PG Economics annual global impacts report quantifies the impact of agricultural biotechnology on the environment and on farmer incomes since biotech’s commercialization in 1996. Read BIO’s release on the PG Economics report to see key findings.
**Additionally, to download the full report, “GM Crops: Global Socio-Economic and Environmental Impacts 1996-2012”, visit www.pgeconomics.co.uk**