Executive Committee of the Agricultural Contingency Fund
The Executive Committee of the Agricultural Contingency Fund, together with the Central Bank as a Trust Institution, was established as the body responsible for the management of the agricultural contingency fund. It aims to provide immediate assistance and attention to domestic producers affected by natural phenomena that qualify as disasters. Among the powers conferred by law to the Committee are the approval of the financial disbursements to cover the reconstruction and rehabilitation of affected areas and to approve the program and annual operating budget and the corresponding emergency periods. The Committee is made up of representatives of the Central Bank, two state secretariats, cooperative and associative agrarian reform associations, peasant associations, independent banana and plantain producers' organizations, and the national federation of farmers and ranchers in Honduras.
Formalization: is the innovation embedded in the constitution or legislation, in an administrative act, or not formalized at all?
Frequency: how often does the innovation take place: only once, sporadically, or is it permanent or regular?
Mode of Selection of Participants: is the innovation open to all participants, access is restricted to some kind of condition, or both methods apply?
Type of participants: those who participate are individual citizens, civil society organizations, private stakeholders or a combination of those?
Decisiveness: does the innovation takes binding, non-binding or no decision at all?
Co-governance: is there involvement of the government in the process or not?
- embedded in the constitution/legislation
- Mode of selection of participants
- Type of participants
- private stakeholders
- democratic innovation yields a binding decision