🚨New paper by the Uni Witten SuFi Project in @finandsoc.bsky.social
Channels of influence in sustainable finance:
A framework for conceptualizing how private actors shape the green transition
https://www.cambridge.org/core/journals/finance-and-society/article/channels-of-influence-in-sustainable-finance-a-framework-for-conceptualizing-how-private-actors-shape-the-green-transition/D8355F6DD82F3348B48FB5E24680BB46#article
A 🧵 on our main arguments:
Channels of influence in sustainable finance:
A framework for conceptualizing how private actors shape the green transition
https://www.cambridge.org/core/journals/finance-and-society/article/channels-of-influence-in-sustainable-finance-a-framework-for-conceptualizing-how-private-actors-shape-the-green-transition/D8355F6DD82F3348B48FB5E24680BB46#article
A 🧵 on our main arguments:
Comments
Because most of sufi creates *financial assets* and not *productive investment* which drives decarbonization.
We thus argue that sustainable finance is not exclusively about investing or providing finance, but crucially also about changing corporate practices toward greater sustainability.
& @benbraun.bsky.social) utilizing all available channels of influence in sustainable finance is a necessary – albeit insufficient – condition to advance the green transition.
🧵 END.