Tango in Washington to address the ecological crisis and Argentina’s debt to the IMF

Tango in Washington to address the ecological crisis and Argentina’s debt to the IMF

“It takes two to tango and address the debt crisis and the crisis of nature,” was the slogan of a street intervention asking to review the IMF agreement with Argentina.

Photo: Avaz.

He drought impact in national agricultural production transcended borders: even the deputy director of International Monetary Fund (IMF), Gita Gopinath, explained that this was the reason for a modification of the objectives of the international organization. While the national government is considering measures to alleviate the losses in the agricultural sector, the organization Avaaz gave a performance in Washington with proposals to address the debt crisis and the negative effects that the environment.

The street intervention of the activists of Avaaz in the US capital consisted of two disguised women (as Kristalina Georgievaowner of IMF and of China) dance tango slowly, as a representation of the arduous process of negotiation with the main creditors that our country has. Another woman dressed in the colors of our flag tries to participate in the dance, but the couple does not allow it. Later, and when the music changed to libertango of the Argentine artist Astor Piazzollathe steps began to intensify, to make explicit the national urgency to find a viable way out of your debtwhich recognizes ecosystem services and the natural capital provided by Argentina.

In addition to the performance, whose slogan was “it takes two to tango and address the debt crisis and the crisis of nature”, Avaaz presented a technical proposal to representatives of the world Bank and the IMFwho were this Wednesday in Washington. The objective of these measures is to draw lines of action in the medium and long term that consider the impact caused on the Argentine economy by the drought exacerbated by climate changealong with the need to reassess the debt sovereign due to the last Poverty indices and the current conditions of the global financial architecture.

The economic team of the international organization Avaazwhich intends to apply this restructuring model in other developing nations, understands that the countries of the global North and international credit organizations must recognize the ecological debt they owe to the region of the South and proposes exchanges for specific actions to protect biodiversity. In this sense, they request both the IMF like China a integrated strategy to address both crises.

https://twitter.com/Avaaz/status/1646231941853610004

Argentina is one of the few environmental creditors that make up the G20. The country’s natural capacity is greater than its ecological footprint, generated by providing other economies with environmental services for which it is not paid. However, the national territory and its productive sectors suffer the consequences of a climate crisis generated by the powerful countrieswhich have overexploited the natural resources of the nations of the global south, precisely those that are home to the most biodiverse areas of the planet.

Avaaz believes that it is time to put aside the environmental rhetoric on the part of the governments of developed countries and give way to real measures where countries materialize the commitments assumed in the fight against climate change. Swap debt in which developed countries are creditors, with southern countries that are financial debtors but are environmental creditors. It is not only an act of ecological justicebut also a real measure to stop the climate crisis for the benefit of the entire planet,” he said. oscar soriaDirector of Campaigns Avaaz.

Source: Ambito

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