Climate Finance
Gareth Bryant, Sophie Webber
Description
Responding to climate change is commonly understood as a financial challenge: What are the expected costs of the impacts of climate change? How much money is needed to reduce emissions to a safe level and to help people live in a changing climate? Who should pay? While these questions reflect the big issues of climate politics – about historical responsibility, unequal exposure and the terms of possible futures – they do not tell us a lot about the relationships between and contestations over climate change and finance capitalism.
This book develops an expansive definition of climate finance and a critical framework for analysing its political economy. Drawing from a wide-range of case studies, the authors highlight the diversity, scale and contradictions of climate finance entanglements – from funding renewable energy, putting a price on carbon, responsible investing and financialising resilience.
Author Information
Gareth Bryant is Senior Lecturer in the Department of Political Economy at the University of Sydney. His books include Carbon Markets in a Climate-Changing Capitalism (2019).
Sophie Webber is Lecturer in Geography in the School of Geosciences at the University of Sydney.
