
International Compensation Fund
The International Compensation Fund (ICF) is a financial resource established to provide compensation to workers injured or affected by international activities, such as maritime or aviation incidents, where responsible parties may not hold sufficient assets to cover damages. It acts as a safety net, ensuring victims receive fair compensation regardless of the situation's complexity or the financial standing of the liable entities. The fund is typically financed through fees or contributions from industry participants and is managed by international agencies or organizations to promote fairness and support affected individuals across different countries.