Project for Energy Efficiency in the Industrial and Commercial Sector (PESIC)
Policy measure

ECLAC (2010) presents the Project for Energy Efficiency in the Industrial and Commercial Sector (PESIC) as an example of international cooperation in Honduras.  


The project was implemented by the Honduran Business Council for Sustainable Development (CEHD) in 2005 and supervised by the United Nations Development Programme (UNDP) along with a multi-sectoral committee including representatives of the State, the Ministry of Natural Resources (SERNA) and the Technical Secretariat of Cooperation (SETCO) as well as donor institutions such as the Global Environment Facility (GEF) and the Canadian International Development Agency (CIDA).


The aim of PESIC is “to provide technical assistance and develop institutional capacities in order to remove existing barriers to the increased commercial use of high-efficiency equipment. It is also responsible for promoting the application of improved energy efficiency practices and measures in the Honduran industrial and business sectors in order to cut GHG emissions and boost businesses' competitiveness and overall sustainability.” (ECLAC, 2010).

Implementation
PESIC focuses on the following areas (ECLAC, 2010):
  • Project Financing.
  • Implementation of pilot projects.
  • Policy and legislation.
  • Increased technical capacity.
  • Reporting and dissemination of results.
  • Monitoring GHG emissions.
Challenges
No identified challenges.
Outcomes

PESIC has created “greater awareness and interest on the part of potential investors and the financial community in supporting energy projects in the country” (ECLAC, 2010).

References

ECLAC (Economic Commission for Latin America and the Caribbean), 2010. Energy efficiency in Latin America and the Caribbean: situation and outlook. Chile: Santiago.