[{"bbox": [96, 121, 1134, 295], "category": "Text", "text": "A wider governance mechanism (Governance Body) covering the lake Yojoa basin will be promoted under the aegis of the Government¹⁴, while in the case of 'El Tablón' the PIU will explore the options of setting-up a basin-wide governance mechanism. The PSC will share their conclusions and recommendations regarding the action with the Governance Body for information. All donors and agencies/implementers operating in the Lake basin and 'El Tablón' basin might be associated to the activities of the Governance Body."}, {"bbox": [96, 320, 1134, 462], "category": "Text", "text": "As part of its prerogative of budget implementation and to safeguard the financial interests of the Union, the Commission may participate in the above governance structures set up for governing the implementation of the action and may sign or enter into joint declarations or statements, for the purpose of enhancing the visibility of the EU and its contribution to this action and ensuring effective coordination."}, {"bbox": [85, 486, 305, 512], "category": "Section-header", "text": "## 4.7 Pre-conditions"}, {"bbox": [96, 529, 1134, 673], "category": "Text", "text": "The EU co-funded together with BCIE and KfW an assessment on the opportunity and options for the multipurpose dam in El Tablón as well as the sustainable recovery of the Yojoa Lake basin. Both studies experienced considerable delays though preliminary data have been shared and used for the formulation of the present Action Document. Once approved, the respective final reports will be used for adjusting features of the Action Document, if necessary."}, {"bbox": [85, 732, 638, 763], "category": "Section-header", "text": "# 5 PERFORMANCE MEASUREMENT"}, {"bbox": [85, 794, 429, 824], "category": "Section-header", "text": "## 5.1 Monitoring and Reporting"}, {"bbox": [96, 843, 1134, 1134], "category": "Text", "text": "The day-to-day technical and financial monitoring of the implementation of this action will be a continuous process, and part of the implementing partner's responsibilities. To this aim, the implementing partner shall establish a permanent internal, technical and financial monitoring system for the action and elaborate regular progress reports (not less than annual) and final reports. Every report shall provide an accurate account of implementation of the action, difficulties encountered, changes introduced, as well as the degree of achievement of its results (Outputs and direct Outcomes) as measured by corresponding indicators, using as reference the logframe matrix (for project modality) and the partner's strategy, policy or reform action plan list (for budget support). Relevant indicators included in logical framework matrix shall be disaggregated at least by income. All monitoring and reporting shall assess how the action is taking into account inequality reduction."}, {"bbox": [96, 1175, 1134, 1289], "category": "Text", "text": "The Commission may undertake additional project monitoring visits both through its own staff and through independent consultants recruited directly by the Commission for independent monitoring reviews (or recruited by the responsible agent contracted by the Commission for implementing such reviews)."}, {"bbox": [96, 1332, 800, 1361], "category": "Text", "text": "Roles and responsibilities for data collection, analysis and monitoring:"}, {"bbox": [96, 1389, 1134, 1505], "category": "Text", "text": "A monitoring system will be implemented from the beginning of the project with indicators disaggregated by gender and other relevant criteria. A mid-term and a final evaluation will be conducted to determine among others the extent to which the objectives have been achieved, to propose corrective measures and to identify lessons learned for future interventions."}, {"bbox": [85, 1554, 1143, 1624], "category": "Footnote", "text": "¹⁴ Ideally the Governance Body should already exist and operate under HONDULAGO. Unfortunately, though clearly prescribed in the relevant law, HONDULAGO has never taken any action nor responsibility in coaching the governance process. If this situation persists, the present action will support SERNA and local authorities in setting up alternative, efficient and sustainable governance structure."}, {"bbox": [1027, 1682, 1143, 1706], "category": "Page-footer", "text": "Page 29 of 33"}]