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“Everyone wants thi...
“Everyone wants this market to grow”: The affective post-politics of municipal green bonds
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- García-Lamarca, Melissa (author)
- Autonomous University of Barcelona
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- Ullström, Sara (author)
- Lund University,Lunds universitet,BECC: Biodiversity and Ecosystem services in a Changing Climate,Centrum för miljö- och klimatvetenskap (CEC),Naturvetenskapliga fakulteten,LUCSUS,Samhällsvetenskapliga institutioner och centrumbildningar,Samhällsvetenskapliga fakulteten,Centre for Environmental and Climate Science (CEC),Faculty of Science,LUCSUS (Lund University Centre for Sustainability Studies),Departments of Administrative, Economic and Social Sciences,Faculty of Social Sciences
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(creator_code:org_t)
- 2020-11-23
- 2022
- English.
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In: Environment and Planning E: Nature and Space. - : SAGE Publications. - 2514-8494 .- 2514-8486. ; 5:1, s. 207-224
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Abstract
Subject headings
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- As more cities seek to address environmental and climate change woes, the issuance of municipal green bonds to finance such initiatives is growing. But how do issuers and investors conceptualise and enact green bonds in relation to building a more sustainable society? What socionatures are produced with these bonds, and for whom? Based on fieldwork in Gothenburg, the first municipality in the world to issue green bonds, we bring together the literature on green finance, post-politics and affect through an urban political ecology lens to unpack the processes, practices and discourses underlying green bonds. We argue that green bonds ultimately serve as a new path to attract and circulate capital within the consensual, non-antagonistic sustainable order, where claims of doing good and building a good conscience are affective mechanisms that play an important, yet underexplored, role. In the conclusion, we reflect on the broader role of green finance and the possibility of harnessing affect and the political towards building more transformative and emancipatory urban socio-environments.
Subject headings
- SAMHÄLLSVETENSKAP -- Social och ekonomisk geografi -- Kulturgeografi (hsv//swe)
- SOCIAL SCIENCES -- Social and Economic Geography -- Human Geography (hsv//eng)
Keyword
- affect
- green finance
- post-politics
- Sweden
- urban political ecology
- affect
- green finance
- post-politics
- Sweden
- urban political ecology
Publication and Content Type
- art (subject category)
- ref (subject category)
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