Description, if the project is linked to measures to face the pandemic or promote post-pandemic
economic reactivation.
In some cases (especially those involving projects under preparation) it was impossible to determine
precisely whether a project that does not mention aspects related to the pandemic or economic
reactivation, in either its Name or its Description, fell into this category. This is because the public
information and documentation available related to them through the sources consulted was
scarce or even nil. When in doubt, in such cases it was decided not to include them within the
category of “COVID Projects.” Needless to say, the absence of information on these projects is a
major flaw and a clear obstacle to the effective guarantee of citizens’ right to information, on the
part of both the national government and the financial institutions involved.
Finally, to complete the information on the projects of each institution, a data cross-referencing
from three different sources was carried out:
• The official websites of each institution.
• The information provided by the Early Warning System (https://ews.rightsindevelopment.org/),
which includes a society-led database to organize, summarize and standardize projects at 15
development finance institutions.
• The information provided on the website on “Projects with International Financing” of
the Argentine Presidency’s Secretariat for Strategic Affairs: https://www.argentina.gob.ar/
asuntos-estrategicos/relaciones-financieras-internacionales/prestamos-en-ejecucion
ANALYSIS OF DFI PROJECT PORTFOLIOS IN ARGENTINA
From the analysis of the portfolios of projects approved or under preparation by the 11 financial
institutions contemplated in this research, the following findings can be highlighted:
• The total of projects approved or under preparation by the 11 financial institutions contemplated
for the period March 1, 2020 - May 1, 2021 is 40.
• The disaggregated data for each of the financial institutions considered yield the following
information:
• IDB: 19 projects (7 under preparation and 12 under implementation).
• World Bank: 12 projects (6 proposed and 6 under implementation).
• CAF: 1 project under implementation.
• FONPLATA: 2 projects under implementation.
• CABEI: 4 projects (1 proposed and 3 under implementation).
• Green Climate Fund (GCF): 1 project under implementation.
• IDB Invest: 0 projects.
10
DFIs FINANCING IN ARGENTINA DURING THE PANDEMIC:
COVID-19 PROJECTS AND TRANSPARENCY SHORTCOMINGS