Pluralizing and Problematizing Carbon Finance

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

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 carbon-as-asset.

Citation

Bridge, G., Bulkeley, H., Langley, P., & van Veelen, B. (2020). Pluralizing and Problematizing Carbon Finance. Progress in Human Geography, 44(4), 724-742. https://doi.org/10.1177/0309132519856260

• 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
• DOI: https://doi.org/10.1177/0309132519856260
• Public URL: https://durham-repository.worktribe.com/output/1301263