consultations required for certain projects had to be adapted to virtual modalities, in some cases
they haven’t obtained effective results, as reflected in the examples mentioned above.
In this way, the findings obtained raise serious concerns about whether the development projects
financed in the context of the crisis represent viable, sustainable and effective options to face the
main economic, social and environmental impacts associated with the pandemic. At the same
time, they raise the need to demand that both the financing granted by financial institutions and
the actions of the national government itself be more responsible in terms of transparency, public
participation and accountability, taking into account the role that multilateral banks and national
governments are playing in adopting measures to overcome the pandemic.
In this sense, it is important that DFIs and governments promote projects that especially focus
not only on those populations in a vulnerable situation, such as women, indigenous and LGBTIQ+
populations, marginalized communities or the sectors in greater need, but also on commonly
underestimated sectors, such as the environmental and climate change sector. Nobody disputes
the foremost urgency, which is one and is clear: to strengthen, through inputs and human and
other resources, the public health system. But if as human beings we intend to continue enjoying
a healthy life on this planet, we need the urgent not to overshadow what is important: the
relationship between health deterioration and that of the environment (FARN, 2020).
DFIs should also take the initiative to foster important changes in the development models they
finance and promote, the limitations and inequalities of which have been particularly evident in
the context of the pandemic.
31
DFIs FINANCING IN ARGENTINA DURING THE PANDEMIC:
COVID-19 PROJECTS AND TRANSPARENCY SHORTCOMINGS
Seleccionar párrafo de destino3
Añadir a la tabla de contenidos