Farmers who planted genetically modified (GM) crops increased their incomes by almost $19 billion in 2018 and reduced carbon emissions by 23 billion kilograms or the equivalent of removing 15.3 million cars from the roads that year. The higher income represents $4.42 in extra income for each extra dollar invested, according to a report released by PG Economics. GM crop technology continues to make an important contribution to reducing the environmental footprint of agriculture and securing global food supplies in a sustainable way. It has also helped lift many small, resource-poor farmers and their families in developing countries out of poverty said Graham Brookes, director of PG Economics, co-author of the report.