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Pluralizing and Problematizing Carbon Finance

Bridge, G.; Bulkeley, H.; Langley, P.; van Veelen, B.

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B. van Veelen


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.


Bridge, G., Bulkeley, H., Langley, P., & van Veelen, B. (2020). Pluralizing and Problematizing Carbon Finance. Progress in Human Geography, 44(4), 724-742.

Journal Article Type Article
Acceptance Date May 13, 2019
Online Publication Date Jun 17, 2019
Publication Date Aug 31, 2020
Deposit Date May 21, 2019
Publicly Available Date May 21, 2019
Journal Progress in Human Geography
Print ISSN 0309-1325
Electronic ISSN 1477-0288
Publisher SAGE Publications
Peer Reviewed Peer Reviewed
Volume 44
Issue 4
Pages 724-742


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