Integrating Innovation for Rural Competitiveness in Honduras - COMRURAL II

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The development objective of the Integrating Innovation for Rural Competitiveness in Honduras Project for Honduras is to improve access to markets and climate-smart practices and contribute to the economic inclusion of targeted beneficiaries in select agricultural value chains. The project comprises of four components. The first component is to support competitive, innovative, and climate-resilient agribusiness initiatives (subprojects) in prioritized agricultural value chains under the productive alliance model. It consists of following sub-components: (i) pre-investment for the preparation of subprojects; and (ii) productive investments to improve competitiveness through innovation. The second component, support to the modernization of Honduras’ agribusiness enabling environment helps to modernize and strengthen selected public sector services and to improve the regulatory framework and institutional capacity for enabling agribusiness competitiveness. It consists of following sub-components: (i) improving selected public agribusiness services; and (ii) improving public-private coordination on policies for agribusiness. The third component, project management support will finance goods, training, operational costs, and consulting and non-consulting services. The fourth component, contingency emergency response component (CERC) will finance emergency activities and expenditures through the reallocation of funds from the project.