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INTERNATIONAL JOURNAL OF COOPERATION AND DEVELOPMENT
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Abstract
The International Cooperation and the environment are facing a crossroads: on one side, the current size of global environmental problems requires collective unprecedented efforts in order to solve such problems, and on the other side more clarity and transparency are required in the use of international aid’s processes in favor of environmental protection. This article offers a reading on this complex relationship, providing updated empirical data of environmental trends in Latin America. It is argued that the complex international institutionalization at environmental level, given the diversity of stakeholders and decision making on environmental issues at different levels, plus the challenges of its own governance, constitutes a severe obstacle to the effectiveness of the International Cooperation. Furthermore, the lack of clarity on accountability and on the "control” of financial mechanisms of green aid", and its distribution, may compromise the impact of cooperation itself
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