 The NAAEC, in an aim to be more than a set of environmental regulations, established the North American Commission for Environmental Cooperation (NACEC), a mechanism for addressing trade and environmental issues, the North American Development Bank (NADBank) for assisting and financing investments in pollution reduction and the Border Environmental Cooperation Commission (BECC).The NADBank and the BECC have provided economic benefits to Mexico by financing 36 projects, mostly in the water sector.By complementing NAFTA with the NAAEC, it has been labeled the "greenest" trade agreement.