Resilient Recovery Rapid Readiness Support in Honduras
Summary
The proposal seeks USD 299,846 to help Honduras integrate climate resilience into its post-pandemic and post-disaster economic recovery. The project focuses on using the Green Economy Model (GEM) to quantify impacts, conducting stakeholder consultations to prioritize interventions, and developing a concrete investment plan. This will culminate in three pre-feasibility studies and at least one project concept note for future GCF funding. The initiative is aligned with the national Reconstruction and Sustainable Development Plan (PRDS) and is implemented by the United Nations Environment Programme (UNEP).
Key insights
- Honduras experienced severe compound risks in 2020, where the COVID-19 pandemic was followed by Hurricanes Eta and Iota, leading to an estimated GDP contraction of 9.5% by the end of the year.
- The economic impact of Hurricanes Eta and Iota alone is estimated at approximately 45.7 billion lempiras, which is roughly 7% of the 2019 GDP.
- Honduras is highly vulnerable to climate-related events, having been ranked as the first most affected country worldwide by the Global Climate Risk Index for the period 1997-2016.
- Climate change is projected to significantly impact Honduran agriculture by 2050, with expected productivity losses of 14% for maize and 37% for sugarcane.
- The proposed readiness project will utilize and adjust the Green Economy Model (GEM) to simulate 'what if' scenarios and forecast the effects of COVID-19 and hurricanes on GDP and socioeconomic indicators up to 2060.
- The project aims to produce a resilient recovery strategy and investment plan, which will include three pre-feasibility studies and at least one completed concept note for GCF financing.
- The project's governance is integrated with the national Special Cabinet for Economic and Social Reactivation (GES) to ensure alignment with the Reconstruction and Sustainable Development Plan (PRDS).
- Honduras' net emissions grew by 140% between 2005 and 2015, primarily due to deforestation and increased fossil fuel consumption.
Cite the original document
- APA
- Green Climate Fund (2021). Resilient Recovery Rapid Readiness Support in Honduras. https://www.greenclimate.fund/sites/default/files/document/resilient-recovery-and-readiness-support-honduras-unep.pdf
- Chicago
- Green Climate Fund. Resilient Recovery Rapid Readiness Support in Honduras. 2021. https://www.greenclimate.fund/sites/default/files/document/resilient-recovery-and-readiness-support-honduras-unep.pdf.
- Wikipedia
- {{cite report |author=Green Climate Fund |title=Resilient Recovery Rapid Readiness Support in Honduras |date=2 September 2021 |url=https://www.greenclimate.fund/sites/default/files/document/resilient-recovery-and-readiness-support-honduras-unep.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{greenclimatefund2021resilient, author = {{Green Climate Fund}}, title = {{Resilient Recovery Rapid Readiness Support in Honduras}}, institution = {Green Climate Fund}, year = {2021}, month = sep, url = {https://www.greenclimate.fund/sites/default/files/document/resilient-recovery-and-readiness-support-honduras-unep.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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