[{"bbox": [97, 153, 1133, 234], "category": "Text", "text": "In the EU development policy, the focus remains on strengthening economic and social rights, particularly by empowering girls and women. This involves ensuring equal opportunities and access to employment, as well as equal pay for equal work, to promote economic independence for all genders."}, {"bbox": [97, 259, 1133, 657], "category": "Text", "text": "In the context of the Action, gender equality intersects with access to inclusive finance by ensuring that women have equal opportunities to financial services. By addressing gender disparities in access, inclusive finance empowers women economically, promotes their financial independence, and enhances their ability to invest in education, healthcare, and entrepreneurship, thereby contributing to broader social and economic development goals. The concept of “Access to Sustainable Finance” inherently includes a social aspect, recognizing that sustainable development requires the balanced participation of everyone. The green economy has considerable potential to create employment for young women if the right skills development and investments are put in place. However, without specific measures, green transition practices can worsen the existing gender inequalities. Against this background the proposed Action will implement across the different outcomes, activities with a specific focus on gender, through targeted support interventions, ensuring that the central contribution of Honduran women to economic processes will be reflected in the choice of the Financial Institutions’ for accessible and inclusive financial products. Gender equality will be promoted to the maximum extent possible into the planning, assessment, implementation, monitoring and evaluation of the TA activities. An inclusive quota for women will be established in TA capacity building and trainings. The financial portfolio will include specific products for women and a quota for women for all portfolio will be considered as well."}, {"bbox": [97, 682, 1133, 791], "category": "Text", "text": "The Action is aligned with the EU Gender Equality Strategy (2020-2025) and contributes to the Gender Action Plan III (GAP III, 2021-2025), more specifically “addressing the challenges and harnessing the opportunities offered by the green transition and the digital transformation” and “promoting economic and social rights empowering girls and women”."}, {"bbox": [97, 848, 243, 874], "category": "Section-header", "text": "## Human Rights"}, {"bbox": [97, 874, 1133, 1166], "category": "Text", "text": "In line with the principle “Leave No One Behind”, the Action aligns with international standards for the protection of human and environmental rights. The Action focuses on sustainable economic development, improved livelihoods and resilience of the Honduran population. Effective governance for sustainable development demands that public institutions at all levels conform to international human rights standards and principles and thus that they be non-discriminatory, inclusive, participatory, and accountable to people. For this reason, the TA brought for Financial Institutions financing strategies should benefit the most marginalized and be the product of transparent and participatory processes. Particular attention will be given to the rights of Bottom-of-the-pyramid producers of the GGIA targeted geographical areas. The Yojoa Lake Basin area is well known for its large hydroelectric projects and mining activities, which are the main cause of environmental defenders and activists’ human rights violations over the last decades in Honduras. The Chamelecon river basin is located in the most productive area of the country, with potential social and environmental impacts that need to be addressed."}, {"bbox": [97, 1191, 1133, 1352], "category": "Text", "text": "The Action will also support Financial Institutions to increase their capacities to protect human rights, by supporting them in formalizing specific financial projects in a green and inclusive way, promoting a just transition. The Action will support Financial Institutions to continue including and further integrating human rights considerations in their decision-making processes when working and engaging with investee companies and clients. Indeed, with reference to SO #3, making human rights an integral part of sustainable investing strategies is essential for investors seeking to comprehensively assess risks and opportunities."}, {"bbox": [97, 1377, 1133, 1482], "category": "Text", "text": "Finally, the Action directly contributes to strengthening the rights to work (Article 23) and to political participation (Article 21) of the Universal Declaration of Human Rights, and reinforces the application of the convention on the Elimination of all Forms of Discrimination against Women (CEDAW, 1983) and International Convention on the Elimination of All Forms of Racial Discrimination (2002)."}, {"bbox": [97, 1542, 195, 1568], "category": "Section-header", "text": "## Disability"}, {"bbox": [97, 1568, 1133, 1622], "category": "Text", "text": "As per OECD Disability DAC codes identified in section 1.1, this action is labelled as D0. This implies that the action does not include activities that specifically aim at the integration of or care for disabled persons. Among the"}, {"bbox": [1028, 1682, 1143, 1706], "category": "Page-footer", "text": "Page 19 of 38"}]