Project

Energy Efficiency Improvement in the Honduran Hotel Industry

Lead country

Honduras

Participating countries

Honduras

Project status

Under implementation

Implementing period

From August 24, 2017 to October 24, 2021

SDGs addressed by this project

SDG targets

  1. 7.3 Double global rate energy efficiency improvement
  2. 8.3 Promote job-creation, entrepreneurial policies

Project ID: 5061

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Technical team

  • Energy Programme

Technical area(s)

  • Energy efficiency
  • Miscellaneous energy program

Sub-area(s)

  • Buildings
  • Appliances
  • Cooling
  • Tourism

Landscape(s)

N/A

Transformed sector(s)

  • Tourism
  • Energy

UNDP role(s)

  • Capacity development / Technical assistance
  • Innovative approaches
  • Normative support

Strategy

  • Law regulation
  • Capacity building
  • Finance economy

Sub-strategy

  • Laws/ Policy/ Plan formulation
  • Standards/ Labeling/ Guideline
  • Institutional framework
  • Technical capacity building
  • Institutional capacity building
  • Demonstration sites/Pilot
  • Energy finance

Social inclusion

  • Private sector

Gender equality

N/A

Gender result effectiveness scale

  • Gender targeted

Pathway(s)

  • Systems pathway
  • People pathway
  • Sci-tech pathway

Risk reduction target(s)

  • Hazard control/mitigation

SDG target(s)

  • 7.3 Double global rate energy efficiency improvement
  • 8.3 Promote job-creation, entrepreneurial policies

Conventions and protocols

N/A

Private sector(s)

  • Capital providers

Hot topic

  • Multi-stakeholder collaboration
  • Poverty reduction

About this project

Description

The MSP Objective is to remove barriers to the increased commercial use of more energy efficient electrical equipment in the small and medium-sized hotel industry in Honduras, in line with the National Strategy for Sustainable Tourism. Energy efficient markets in the power sector, in a business-as-usual scenario, face up political, financial and information barriers that need to be removed by reaching 3 outcomes and developing a group of cost-effective activities: i. enabling a more favorable policy-environment for EE, ii. creating a long-term innovative financial mechanism, the “Green Scheme”, and mobilizing existing commercial lending beyond the MSP completion, to finance a portfolio of 9 pilot-hotel investments during the MSP with commercial-oriented mechanisms such as guarantee notes, leasing, subsidized interest rates and micro-insurance, and iii. implementing an information dissemination platform to reach 400 hotels nation-wide, to achieve 40 GWh of annual savings and mitigate 319,615 tons of CO2, over a 20-year period.

Objectives

Remove barriers to the increased commercial use of energy efficient electrical equipment in the small and medium-sized (S&M) hotel .

USD $1,278,538

Grant amount

USD $8,730,000

Leveraged amount (co-financing)

1

Source(s) of fund

Sources of fund

 

  • Global Environment Facility – Trust Fund ($1,278,538)

Implementing partner(s)

  • Government of Honduras

Project metrics

Outcome 1:

Energy efficiency (EE) enabling policy framework enforced and technical capacity strengthened in the Honduran hotel industry

 Indicators:

Energy savings and the corresponding GHG emissions resulting from hotel and restaurants end- uses of electricity
Number of energy efficiency policies and/or legal normative for commercial electrical equipment enforced
Number of related jobs (disaggregated by sex/type) direct / indirectly promoted
MSP contributions to national policy and legislation related to project thematic priorities
Number of stakeholders trained on EE and integrating EE electrical equipment and promoting best practices and allocation of EE investments in the hotel sector
Number of standards and labels for commercial electrical equipment enforced
“Green Scheme” designed, applied and monitored
Electricity savings from investments
Number of hotels and restaurants implementing EE measures and best practices, in compliance with national policies (e.g.: AP+L and ENCC)
Number of permanent job created through social responsibility bind to the Green Scheme as well as the promotion of women-led entrepreneurial activities in the hotel sector
Lessons learned systematized and disseminated
Number of contributions from MSP to national and international publications and media
Number of hotels with restaurants implementing EE measures and best practices, in compliance with national policies (e.g.: AP+L and ENCC) from:
- MSP
- Replication
Outcome 2:

Commercially-driven investment in energy efficient equipment and technology for the hotel industry mobilized (grant and non-grant mechanisms)
Outcome 3:

Increased practice and application of energy efficient technologies in the Honduran hotel industry

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Project reports and documentation

 

Project Document (ProDoc)