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Economic Commission for Europe Inland Transport Committee World Forum for Harmonization of Vehicle Regulations 182nd session Geneva, 1012 November 2020 Item 4.7.1. of the provisional agenda 1958 Agreement:
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How to fill out trade sustainability impact assessment

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How to fill out trade sustainability impact assessment

01
Step 1: Start by gathering all relevant information and documentation related to the trade project or activity.
02
Step 2: Identify the key sustainability criteria that needs to be assessed, such as environmental, social, and economic impacts.
03
Step 3: Analyze the potential impacts of the trade project on each sustainability criterion.
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Step 4: Collect and review available data and evidence to support the assessment.
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Step 5: Utilize appropriate assessment tools and methodologies to evaluate the sustainability impacts.
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Step 6: Document the findings and provide a comprehensive report on the trade sustainability impact assessment.
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Step 7: Communicate the assessment results to stakeholders and consider their feedback.
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Step 8: Use the assessment findings to inform decision-making, policy development, and implementation of trade projects.

Who needs trade sustainability impact assessment?

01
Government bodies and policymakers who are responsible for regulating and promoting sustainable trade practices.
02
International organizations and institutions working on trade and development issues.
03
Companies and businesses engaged in international trade, especially those committed to sustainable business practices.
04
Non-governmental organizations (NGOs) and civil society groups advocating for sustainable trade and social justice.
05
Research institutes and academia conducting studies on trade-related impacts.
06
Consumers and consumer organizations interested in making informed choices about sustainable products and trade practices.

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Trade sustainability impact assessment is a systematic evaluation process that analyzes the potential economic, environmental, and social impacts of trade agreements and policies on sustainable development.
Organizations and businesses that are involved in significant trade activities or are impacted by trade regulations are typically required to file a trade sustainability impact assessment.
To fill out a trade sustainability impact assessment, stakeholders must gather relevant data, analyze potential impacts on sustainability criteria, and complete the assessment form with detailed information on identified impacts, mitigation strategies, and data sources.
The purpose of a trade sustainability impact assessment is to ensure that trade activities align with sustainable development goals by identifying and evaluating the potential positive and negative impacts of trade on environment, society, and economy.
The information required includes a description of the trade activity, economic impacts, environmental effects, social implications, mitigation measures, and stakeholder engagement details.
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