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Stalemate for the financialization of climate policy

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  • Chiapello, Ève

Abstract

The aim of this article is to suggest certain avenues of reflection on the growing importance of finance when imagining a new stage in environmental policies that systemically accompanies the financialization of capitalism. We then show that the alignment of green finance with the economic-political regime from which it emerged condemns it, for the time being, to impotence. Yet criticism might result in the reform effort shifting towards more ambitious proposals.

Suggested Citation

  • Chiapello, Ève, 2020. "Stalemate for the financialization of climate policy," economic sociology. perspectives and conversations, Max Planck Institute for the Study of Societies, vol. 22(1), pages 20-29.
    • Handle: RePEc:zbw:econso:226528
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    File URL: https://www.econstor.eu/bitstream/10419/226528/1/1738886379.pdf
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    References listed on IDEAS

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    1. Raphaël Jachnik & Mariana Mirabile & Alexander Dobrinevski, 2019. "Tracking finance flows towards assessing their consistency with climate objectives," OECD Environment Working Papers 146, OECD Publishing.
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    Cited by:

    1. Christoph Nedopil & Truzaar Dordi & Olaf Weber, 2021. "The Nature of Global Green Finance Standards—Evolution, Differences, and Three Models," Sustainability, MDPI, vol. 13(7), pages 1-23, March.

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