Pluralizing and problematizing carbon finance
(2020) In Progress in Human Geography 44(4). p.724-742- Abstract
Growing emphasis on finance as key to decarbonization requires social science research that critically attends to the emergent and diverse forms taken by carbon finance. First, we pluralize research into carbon finance, building on existing work to identify four main forms: carbon markets; ecosystem services; natural capital investment; and, capital allocated to low-carbon enterprises and projects. Second, we propose that research should problematize the processes through which carbon is variously translated into financial value. Illustrated with reference to low-carbon investment in electricity generation, our agenda thereby extends from the difficulties of producing carbon-as-commodity to the uncertainties of constituting... (More)
Growing emphasis on finance as key to decarbonization requires social science research that critically attends to the emergent and diverse forms taken by carbon finance. First, we pluralize research into carbon finance, building on existing work to identify four main forms: carbon markets; ecosystem services; natural capital investment; and, capital allocated to low-carbon enterprises and projects. Second, we propose that research should problematize the processes through which carbon is variously translated into financial value. Illustrated with reference to low-carbon investment in electricity generation, our agenda thereby extends from the difficulties of producing carbon-as-commodity to the uncertainties of constituting carbon-as-asset.
(Less)
- author
- Bridge, Gavin ; Bulkeley, Harriet ; Langley, Paul and van Veelen, Bregje LU
- publishing date
- 2020-08-01
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- assetization, carbon markets, commodification, ecosystem services, low-carbon investment
- in
- Progress in Human Geography
- volume
- 44
- issue
- 4
- pages
- 19 pages
- publisher
- SAGE Publications
- external identifiers
-
- scopus:85067859548
- ISSN
- 0309-1325
- DOI
- 10.1177/0309132519856260
- language
- English
- LU publication?
- no
- additional info
- Funding Information: We would like to thank participants at the Global Conference on Economic Geography in Cologne and the Green Finance workshop in Durham, editor Noel Castree, and three anonymous reviewers for their feedback and comments. The author(s) disclosed receipt of the following financial support for the research, authorship, and/or publication of this article: This research was funded by the European Union’s Horizon 2020 Research and Innovation Programme under grant agreement no. 730053. Publisher Copyright: © The Author(s) 2019.
- id
- 7a1dad9c-5742-4809-943c-8dff2591ea2c
- date added to LUP
- 2022-10-20 09:32:16
- date last changed
- 2022-10-21 16:07:57
@article{7a1dad9c-5742-4809-943c-8dff2591ea2c,
abstract = {{<p>Growing emphasis on finance as key to decarbonization requires social science research that critically attends to the emergent and diverse forms taken by carbon finance. First, we pluralize research into carbon finance, building on existing work to identify four main forms: carbon markets; ecosystem services; natural capital investment; and, capital allocated to low-carbon enterprises and projects. Second, we propose that research should problematize the processes through which carbon is variously translated into financial value. Illustrated with reference to low-carbon investment in electricity generation, our agenda thereby extends from the difficulties of producing carbon-as-commodity to the uncertainties of constituting carbon-as-asset.</p>}},
author = {{Bridge, Gavin and Bulkeley, Harriet and Langley, Paul and van Veelen, Bregje}},
issn = {{0309-1325}},
keywords = {{assetization; carbon markets; commodification; ecosystem services; low-carbon investment}},
language = {{eng}},
month = {{08}},
number = {{4}},
pages = {{724--742}},
publisher = {{SAGE Publications}},
series = {{Progress in Human Geography}},
title = {{Pluralizing and problematizing carbon finance}},
url = {{http://dx.doi.org/10.1177/0309132519856260}},
doi = {{10.1177/0309132519856260}},
volume = {{44}},
year = {{2020}},
}