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Table 4.12 Local participation requirements in the electricity sector %
Renewable energy subsector; Initial level - 15; Target level after 10 years - 51

Box 4.2 Developments in Ghana's ports
(....)
Both Tema and Takoradi ports have drive-through scanners. The ports of Ghana operate an Integrated Management System in line with ISO 14001:2015 (environmental management), ISO 9001:2015 (quality management) and OHSAS 45001:2018 (occupational health and safety). The Port of Tema is ISPS code compliant.

According to authorities, Ghana has plans to develop a seaport at Keta on the eastern coastline, as motivated by the national development agenda, global and regional trends, development options for diversified cargo-specific port clusters, and trade facilitation. Feasibility studies have been carried out and the project cost is estimated at around USD 1.1 billion. Currently, the project is at the Environmental Social Impact Assessment stage.

4.180. A new Capital Requirement Directive under the Basel II/III framework for regulating banks was introduced in 2019, requiring that banks set aside adequate capital to cover unexpected losses, to become more resilient to capital shocks. In addition, new rules to promote cyber and information security were issued. In that same year, new sustainable banking principles were launched, which were to be applied by banks when conducting their business in order to promote responsible and environmental and social practices to the benefit of the economy and communities [110]. [110] BoG (2019), Sustainable Banking Principles and Sector Guidance Notes. Viewed at: https://www.bog.gov.gh/wp-content/uploads/2019/12/Ghana-Sustainable-Banking-Principles-and-Guidelines-Book-1.pdf; and BoG (2018), Cyber & Information Security Directive. Viewed at: https://www.bog.gov.gh/wp-content/uploads/2019/09/CYBER-AND-INFORMATION-SECURITY-DIRECTIVE.pdf.

4.192. (...) Insurance is compulsory for: (...); (iii) commercial buildings against collapse and natural disasters; (...)

3.12. Mexico welcomes the successful conclusion of the negotiations on fisheries subsidies at the recent Twelfth Ministerial Conference (MC12). We are convinced that the WTO has fulfilled its obligation to help stop the plundering of our seas and ensure their sustainability.

3.16. Mexico is participating in the Trade and Environmental Sustainability Structured Discussions (TESSD), as it recognizes that international trade and trade policies are key factors for facilitating the transition to a green economy, and supports global efforts to attain the Sustainable Development Goals. Our country is therefore calling for discussions on how trade-related environmental measures can contribute to sustainable development and environmental protection.

Free Trade Agreement between Mexico, the United States and Canada (T-MEC)
3.27. Mexico, the United States and Canada agree on the need to continue and deepen economic integration in North America and, in this way, improve the region's competitiveness as an exporting powerhouse of high-quality products and a prime destination for FDI, and adapt to the new realities of trade and regional and global value chains. The negotiation of T-MEC thus sought to strengthen this economic integration and posed major challenges for the three countries in areas such as labour and environment.

Free Trade Agreement between Mexico, the United States and Canada (T-MEC)
3.28. Mexico is committed to consolidating this Agreement as a catalyst for development and a tool that helps reduce regional inequalities. As a result, T-MEC:
(...)
• Contributes to improving the living standards of workers in the region and strengthens the position of and cooperation among the three partners to support environmentally-aware trade.

3.29. In order to review the implementation and functioning of the Agreement [Free Trade Agreement between Mexico, the United States and Canada (T-MEC)], the first meeting of the T-MEC Free Trade Commission was held in May 2021, deepening the dialogue on relevant matters on the trilateral agenda concerning inclusive trade, labour issues and the environment.

3.31. The CPTPP [Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)] is the most important trade agreement of recent times due to its level of ambition, the wide range of disciplines covered and the high standards that it establishes in each of them, such as, inter alia, investment, the environment, SMEs and labour.