Who gains from saving nature
Ledger 1 : 33 — For each dollar financing nature-based solutions in 2023, about $33 financed activities harmful to nature. (UNEP)
Cases / Finance, funds and markets · Argentina · 2021

Argentina's Forest Law fund got 4.8% of its legal floor in 2021

Short record: the main facts, with sources. A full case file has not been prepared.

Nature's voice · report
No measurement of the harm done to me here is on record.
Did nature suffer? Not measured.
Not on record
  • The record does not name which of my species, waters, soils or forests were harmed.
What the record lacks: 2 none on record · 2 insufficient · 1 not measured See the gaps

Argentina's national Forest Law fund was allocated 4.8% of its legal floor in 2021, according to Chequeado. At stake: funding for forest protection under the law.

What?
The Forest Law fund was allocated 4.8% of its legal floor in 2021, according to Chequeado. Chequeado
Where?
Argentina (national Forest Law fund) Chequeado
When?
Who?
Gained
None on record
Lost
None on record
Harmed
None on record
Why?
Not stated in the sources reviewed.
How?
Allocation to the national Forest Law fund, measured against its legal floor. Chequeado
5 of 6 questions answered from the record · open: who

What happened

The record, in order.

Chequeado checked a statement by Alberto Fernández, 'Vamos a cuidar nuestros bosques', against the Forest Law fund's allocation.

The fund received 4.8% of its legal floor in 2021, according to that check.

    In court and with insurers

    Every proceeding and every insurer decision on record.

    Lawsuits and rulings

    No court case on record. No court has ruled on this case.

    Insurers

    No insurer decision on record.

    What we don't know

    Undisclosed, unproven, untried: recorded as data.

    Nature

    • Not measured Harm to nature: The record holds no measurement of harm to nature.

    Record

    • None on record Not stated in the sources reviewed: the allocation in currency terms, or whether the shortfall was later addressed.
    • Insufficient Reported but not verified: the Forest Law followed a petition of about 1.5 million signatures.
    • Insufficient Reported but not verified: about 2.1 million hectares were cleared after the law by 2014, including 626,244 hectares of protected forest (Greenpeace Argentina; not checked).
    • None on record Not stated in the sources reviewed: who benefited from the lower allocation.

    Did the harm stop?

    Not stated in the sources reviewed.

    Who paid?

    Not stated in the sources reviewed.

    Sources

    Voices on record: — Company or project— Government and regulators— Courts✓ Press and investigations— Communities and civil society— Researchers

    Press and investigations

    Connected cases

    Related matters, and cases linked to this one through the same organisations, with the role each played in both.

    Science and environment

    Hectare (ha)
    A unit of area equal to 10,000 square metres, about 2.5 acres. 100 hectares make one square kilometre.