[{"bbox": [96, 120, 1134, 281], "category": "Text", "text": "The PMU will act under the supervision of the responsible Head of Cooperation and the EU Programme Manager at the EU Delegation to Honduras. The primary function of the PMU will be to streamline and present technical assistance requests and demands from State-Owned Development Banks and Intermediary Financial Institutions, as well as the EU delegation, prioritizing activities that align with the program's outputs and outcomes. This will ensure efficient monitoring of actions and enable the PMU to provide strategic guidance or reorientation suggestions to the European Union Delegation and the Steering Committee."}, {"bbox": [96, 305, 1134, 516], "category": "Text", "text": "Comprising key personnel, the PMU will include a Senior Program Manager experienced in designing, managing, and supervising technical assistance of green financial portfolios, responsible for strategic oversight and coordination. Additionally, a Project Associate Manager will provide project-specific support, while an Administrative Officer will handle administrative duties, ensuring the efficient management of the technical assistance portfolio. Within the Project Management Unit, two Investment Promotion Officers will coordinate the implementation of SO #3 Component, execute matchmaking and networking services, information-sharing, and investment facilitation efforts with EU private sector in support of the Investment Portfolio leveraged by SO#1 and SO#2 activities."}, {"bbox": [96, 544, 1134, 705], "category": "Text", "text": "One of the preliminary tasks of the PMU will be to coordinate a thorough assessment of the Sustainable Development Banks' (SDBs) current capacities. This assessment will focus on evaluating their readiness for structuring a green and climate-smart investment portfolio and prioritize TA requirements. Recommendations will be provided to strengthen their green strategy and internal systems. These recommendations may encompass enhancements to their credit risk assessments, portfolio management techniques, management information systems, and strategies for accessing climate finance opportunities."}, {"bbox": [96, 730, 295, 757], "category": "Section-header", "text": "## Steering Committee"}, {"bbox": [96, 757, 1134, 864], "category": "Text", "text": "The PMU will report directly to the Head of Cooperation and the EU Programme Manager and inform the Steering Committee that will convene periodically to ensure effective governance and strategic oversight. This committee will comprise six members representing: the European Union Delegation (EUD), the Ministry of Finance (SEFIN), the European Investment Bank (EIB) and the three SDBs (Banhprovi, Banadesa and Senprende)."}, {"bbox": [96, 888, 1134, 996], "category": "Text", "text": "The Steering Committee's primary role will be to decide on strategic issues and provide orientation and maintain alignment between all TA assignments and projects and the overarching goals and objectives of the Action. Through at least 2 committee sessions per year, the committee will provide guidance, review progress, and make strategic decisions to steer the program towards its goals and objectives."}, {"bbox": [96, 1027, 1134, 1135], "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, 1168, 636, 1202], "category": "Section-header", "text": "# 5. PERFORMANCE MEASUREMENT"}, {"bbox": [85, 1234, 447, 1267], "category": "Section-header", "text": "## 5.1. Monitoring and Reporting"}, {"bbox": [96, 1286, 1134, 1501], "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)."}, {"bbox": [96, 1505, 1134, 1586], "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, 1590, 744, 1620], "category": "Text", "text": "Roles and responsibilities for data collection, analysis and monitoring:"}, {"bbox": [1027, 1681, 1144, 1706], "category": "Page-footer", "text": "Page 35 of 38"}]