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Stalemate for the financialization of climate policy

Ève Chiapello

economic sociology. perspectives and conversations, 2020, vol. 22, issue 1, 20-29

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.

Date: 2020
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