Divesting from the Green Investments Paradigm

Désinvestir le paradigme des investissements verts

Nelo Magalhães ()
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Nelo Magalhães: LADYSS - Laboratoire Dynamiques Sociales et Recomposition des Espaces - UP1 - Université Paris 1 Panthéon-Sorbonne - UP8 - Université Paris 8 Vincennes-Saint-Denis - UPN - Université Paris Nanterre - UPD7 - Université Paris Diderot - Paris 7 - CNRS - Centre National de la Recherche Scientifique

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Abstract: In this paper we shed light and analyze a very broad consensus that exists among economists regarding green investments. Beyond some divergences, mainstream and heterodox economists present green investments as a necessary and first condition to solve the ecological crisis. The main part of our research focuses on the pitfalls of what we call the Green Investment Paradigm. We highlight the reductionist, normative, ahistorical and depoliticizing vision, a consequence of a problem-solving framework. We finally discuss what is outside of the box and highlight some of the debates that need to be invested to contribute to a serious assessment of the causes of ecological crises.

Date: 2021-10
New Economics Papers: this item is included in nep-env and nep-hme
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Published in Natures Sciences Sociétés, 2021, 29 (4), pp.439-449. ⟨10.1051/nss/2022010⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03676456

DOI: 10.1051/nss/2022010

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