[{"bbox": [188, 150, 1183, 230], "category": "Text", "text": "implementation of National Determined Contributions or the Convention on biodiversity through the implementation of the National Biodiversity Action Plan. In addition, the FPs could represent an attractive instrument in the context of the Regulation on Deforestation in addressing its sustainability requirements."}, {"bbox": [188, 242, 1183, 401], "category": "Text", "text": "Thirdly, this Action will promote private sector activities linked to the forest sector, hence will support Green Businesses. It will do so especially by fostering an enabling environment to create and develop Small and Medium Enterprises (SMEs) related to forest-related value chains. Under EFSD+, the EDFI Carbon Sink Global Guarantee programme has reserved EUR 97 million to Honduras, in case of viable programmes. This would cover restoration, development of planted forests and forest-based value chains. With a ticket size ranging from EUR 5 to 25 million, this also covers SMEs in the forest sector."}, {"bbox": [188, 413, 1183, 492], "category": "Text", "text": "In brief, with the **overall objective** to enhance the sustainable contribution of Honduras' forest resources to national inclusive economic growth and to global efforts to address climate change, this Action has a 3-fold purpose:"}, {"bbox": [188, 505, 1183, 556], "category": "List-item", "text": "1. Strengthen inclusive Forest Governance through the implementation of the Voluntary Partnership Agreement (VPA FLEGT);"}, {"bbox": [188, 557, 1183, 607], "category": "List-item", "text": "2. Build an inclusive Forest Partnership through sustainable forest management, forest restoration and ecotourism;"}, {"bbox": [188, 610, 942, 636], "category": "List-item", "text": "3. Promote Green Businesses through strengthening forest-related value chains."}, {"bbox": [188, 663, 1183, 715], "category": "Text", "text": "*All these objectives and corresponding activities have been jointly agreed upon with the GoH and key stakeholders of the related sectors.*"}, {"bbox": [188, 728, 1183, 913], "category": "Text", "text": "The action is aligned with the main EU policies in the forest sector – Green Deal⁹, Stepping up EU Action to Protect and Restore the World's Forests¹⁰, Farm to Fork Strategy¹¹, Biodiversity Strategy 2030 and the Circular Economy Strategy¹² – while directly contributing to several programmes, forest and biodiversity policies of Honduras. The Action will contribute to the EU Gender Action Plan III (2021-2025) and specifically to its overall objective: “Women in all their diversity influence decision-making processes on environmental conservation and climate change policies and actions” and will implement a rights-based approach with regard also indigenous peoples, Afro-descendants and vulnerable populations."}, {"bbox": [188, 926, 1183, 1213], "category": "Text", "text": "At national level, the TEI-Honduras Green Recovery-Climate Change and Natural Resource Management has been revised among the stakeholders and final version is with the Member States' hierarchies for endorsement since March 2023. The current action matches the following TEI priority areas *Preserving and Restoring Ecosystems and Biodiversity* (VPA FLEGT, safeguarding ecosystems/biodiversity and human rights approach) and *Mobilising Public and Private Sectors for Clean and Circular Economy* (incentives for MSMEs). It also represents 23% of the financial overview for these two priorities and give continuity to some TEI actions about to conclude. The commitment of the EU's contribution to the TEI to which this Action refers, will be complemented by other contributions from Team Europe members. It is subject to the formal confirmation of each respective member's meaningful contribution as early as possible. In the event that the TEIs and/or these contributions do not materialise, the EU Action may continue outside a TEI framework."}, {"bbox": [188, 1242, 1183, 1348], "category": "Text", "text": "From a regional perspective, the action will also seek synergies with the regional EU Five Great Forest Initiative and the AFOLU 2040 Strategy. At UNFCCC 27, the EU announced that is stepping-up support (total EUR 25.5 M) to the Five Great Forest Initiative. There is also commitment to mobilising additional support in the form of a Team Europe Initiative."}, {"bbox": [177, 1427, 322, 1446], "category": "Footnote", "text": "⁹ COM(2019) 640"}, {"bbox": [177, 1447, 322, 1466], "category": "Footnote", "text": "¹⁰ COM(2019) 352"}, {"bbox": [177, 1467, 322, 1484], "category": "Footnote", "text": "¹¹ COM(2020) 381"}, {"bbox": [177, 1485, 314, 1504], "category": "Footnote", "text": "¹² COM(2020) 98"}, {"bbox": [637, 1526, 650, 1547], "category": "Page-footer", "text": "5"}]