4.5 Article

Rethinking the financialization of 'nature'

Journal

ENVIRONMENT AND PLANNING A-ECONOMY AND SPACE
Volume 50, Issue 3, Pages 500-511

Publisher

SAGE PUBLICATIONS INC
DOI: 10.1177/0308518X18755748

Keywords

Financial markets; financialization; nature; resources; land; market environmentalism

Funding

  1. German Research Council (DFG) through the project The Rise of Agriculture as an Alternative Asset Class - Global Geographies of Financial Economization [363300598]
  2. Swedish Research Council through the project Climate Change and Transformations of Financial Risk [2015-01694]
  3. Swedish Research Council [2015-01694] Funding Source: Swedish Research Council

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This editorial provides an analytical intervention to accompany the theme issue's empirical papers on Rethinking the Financialization of Nature. The papers turn our attention towards three often neglected themes in prior research on finance and nature: (1) the frictional processes through which money leverages nature and resource-based ventures to produce more money (Getting between M-C-M'); (2) the role played by moralities, values, and affect in the financialization of nature and resistance levelled against it; and (3) the multiple roles of the state in mediating the circulation of finance in and through nature. We also engage with the politics of information and legitimation accompanying the financialization of nature to tease out levers for political critique. Finally, we map out a forward-looking agenda calling for research to engage more substantially with both the methodological questions accompanying the study of the financialization of nature, and the class dimensions of the process.

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