Finance methods have been used to craft environmental public policy since the mid-1990s
Evidence
Two topics are central to global environmental politics: global warming and declining biodiversity. Both are covered in the UN conventions signed in Rio in 1992, and it is astonishing to see how far the practices and methods of finance have been used to produce public policies on environmental issues since mid-1990s. — Ève Chiapello, Financialisation of Valuation, 84
Categorization
- ADDENDUM: Supports the financialization thesis and could follow up the trees-as-infrastructure piece, since carbon markets and biodiversity offsets value natural systems through financial instruments.
- QUESTION: What precisely are the ‘practices and methods of finance’ being imported — is it just carbon trading, or something deeper like option-pricing logic applied to ecosystems?
- XREF: connects to: Financial language now reshapes public policy domains historically governed by other values. — Ève Chiapello, Financialisation of Valuation, 93; Investor-style valuation techniques now shape public policy with coercive force — Ève Chiapello, Financialisation of Valuation, 108; Finance creatively generates new forms of social and political life — Aris Komporozos-Athanasiou, Speculative Communities: Living With…, 98 (+1 more)
Related
- Financial language now reshapes public policy domains historically governed by other values. (similarity 0.83)
- Finance creatively generates new forms of social and political life (similarity 0.80)
- Investor-style valuation techniques now shape public policy with coercive force (similarity 0.79)
Broader Connections
- Financial language now reshapes public policy domains historically governed by other values.
#corroborates(0.85) — Ève Chiapello, Financialisation of Valuation, 93 - Investor-style valuation techniques now shape public policy with coercive force
#expands(0.80) — Ève Chiapello, Financialisation of Valuation, 108 - Finance becomes the model for society’s responses to uncertainty.
#expands(0.80) — Aris Komporozos-Athanasiou, Speculative Communities, 80 - Finance creatively generates new forms of social and political life
#expands(0.75) — Aris Komporozos-Athanasiou, Speculative Communities, 98