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    A petrol station worker fuels a car along Kimathi street on July 14 2019,after the Energy and Petroleum Regulatory Authority (EPRA) announced new retail pump prices of petroleum products effective from July 15 to August 14, 2019.price of super petrol increase by Sh0.29 per litre while diesel and kerosene decreased by Sh0.88 and SH2.31 per litre respectively.PHOTO|SILA KIPLAGAT

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    Agribusiness Chamber demands resignation of Agric Minister over sector woes

    BoG Governor confident inflation has peaked; expects rate to start declining

    ActionAid Ghana Appoints John Nkaw as Country Director

    BoG’s inflation targeting framework can’t reduce rise in inflation – IEA

    Monetary Policy Rate must be increased to 19% to check inflation – IEA

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    Nigeria begins processes to join Ghana-Côte d’Ivoire Cocoa Initiative

    Victor Yaw Asante, FBNBank Ghana MD

    Banks will continue to innovate to meet customers’ expectations – FBNBank’s MD

    6th CEO’s Summit pushes for ease of doing business law to boost economic growth

    Policy rate likely to be increased to tame inflation – Databank CEO

    Banking Consultant bemoans continuous charging of unfair fees by banks

    Chamber of IPPs disappointed over ECG’s tariff increase request

    A comprehensive storage strategy will deal with post – harvest losses & inflation – CSIR

    A petrol station worker fuels a car along Kimathi street on July 14 2019,after the Energy and Petroleum Regulatory Authority (EPRA) announced new retail pump prices of petroleum products effective from July 15 to August 14, 2019.price of super petrol increase by Sh0.29 per litre while diesel and kerosene decreased by Sh0.88 and SH2.31 per litre respectively.PHOTO|SILA KIPLAGAT

    NPA allays fears of fuel scarcity in the country

    Fuel prices to rise marginally in second pricing window of May – IES

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    Block chain’s success will depend on supportive policy environment – Prof. Quaynor

    1.5% E-Levy rate will negatively impact GH¢6.9 billion target – Prof. Quartey

    Transactions to be affected by E-levy

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    Greater, more diverse participation in global trade is key to achieving Africa’s economic transformation – World Bank

    Seth Terkper advises against e-levy; urges government to run to IMF

    AfCFTA members conclude negotiations on rules of origin to enhance free trade

    Implement strategies to sustain increased consumer preference for digital payments – Bawumia

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Environmental sustainability key in NEDS implementation – GEPA

November 24, 2020
in Business, News
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Ghana’s plans to harness its non-traditional export (NTE) sector to reap in a projected revenue target of 25 billion USD in the next 10 years through the National Export Development Strategy, (NEDS), will be implemented in strict compliance with international regulations and standards on environmental sustainability, a statement from the Trade Ministry has said.

The Sustainable Environment Strategy in Export Development, captured in the newly-launched NEDS document, will focus on developing, diversifying and increasing exports without causing damage to the environment, while complying with international best practices and requirements in the target market countries.

In line with the United Nations Sustainable Development Goals (SDG) 13 and 15, to combat Climate Change and protect the environment from pollution, the implementation of NEDS will incorporate advocacy for the adoption of efficient and renewable sources of energy as well as the use of biodegradable plastics.

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Throughout its execution, Ghana’s exploitation and export of natural resources must follow sustainable environmental practices and norms to prevent environmental degradation.

The main problems underscored include the reckless exploitation of natural resources resulting in destruction of forests, and pollution of land, air and water bodies; the use of non-biodegradable packaging materials and non-conformity to environmental standards.

Another major concern identified was non-compliance with regulations governing handling, transportation and disposal of hazardous materials in production processes.

New interventions underscored, according to the Ghana Export Promotion Authority (GEPA), will ensure that all export products from Ghana comply with international environmental management standards relating to quality and packaging standards.

As part of its implementation, NEDS will lead advocacy to educate manufacturers to comply with existing regulations on conservation and sustainable development of the country’s natural resources.

The initiative will also promote environmental awareness to boost national re-afforestation efforts as well as the planting of rare and special species.

 

Source: Lord Kweku Sekyi  
Tags: GEPANational Export Development Strategy
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