Embedding Sustainable Finance: Constellations, Crossroads, Consequences

The international workshop “Embedding Sustainable Finance: Constellations, Crossroads, Consequences” brought together a wide range of perspectives on sustainable finance and climate finance in Frankfurt am Main on 15 and 16 May.

Building on the work of the Climate Finance Society research network, over 30 researchers explored the social and institutional foundations of sustainable finance. The first day focussed on the one hand on individual actors such as savings banks, development banks and central banks. On the other hand, approaches such as performativity and bankability as well as negotiation processes for the regulation of sustainable finance were discussed.

In the evening, the workshop was opened up to the general public with a roundtable. The question “Is Europe`s sustainable finance strategy failing” was debated by the high-ranking speakers Kenneth Amaeshi, Sabine Dörry, Wojtek Kalinowski and Wiebke Merbeth. Prof Klüh and financial journalist Jan Schulte hosted the evening.

On the second day of the workshop, the plural perspectives on sustainable finance were rounded off by actors from SMEs, trade unions and NGOs as well as tech elites and far-right ideologies. Furthermore, approaches to the planning debate and public finances in times of crisis were used to build bridges and critically review the field of sustainable finance.

A closing keynote by Ève Chiapello reflected on the workshop and presented analyses and reform proposals for sustainable finance based on the financial circuits approach.

We would like to thank all participants and look forward to working on a special issue of the yearbook “Ökonomie und Gesellschaft”, which will be published by Metropolis-Verlag.

Photos: Tim Lutterbüse