Capitalizing on Green Debt: A World-Ecology Analysis of Green Bonds in the Brazilian Forestry Sector
Autores
Ferrando, Tomaso
Vecchione-Gonçalves, Marcela
Imola, Iagê
Prol, Flávio Marques
Herrera, Hector
Orientador
Co-orientadores
Citações na Scopus
Tipo de documento
Artigo Científico
Data
2021
Resumo
Green bonds represent an increasingly popular way to match “environmental sustainability,” growth, and the aspirations of global financial capital. In this article, we leverage a world-ecology approach to unpack and make sense of green bonds as public/private constructions that shape and subordinate the complex ecologies of territories to the needs of finance and reproduce the global patterns of uneven development and capitalist accumulation. Through the study of recent green bond issuances realized by private companies active in the forestry sector in Brazil, we discuss how green bonds as a “new” form of “green” debt put nature at work and transform the territories and natural elements in the global south into “temporal and spatial fixes” for the needs of global financial capital.
Palavras-chave
Green Economy; Green Bonds; Financialization of Nature; Forestry Industry; World-Ecology
Titulo de periódico
Journal of World-Systems Research
URL da fonte
DOI
Título de Livro
URL na Scopus
Idioma
en
Notas
Membros da banca
Área do Conhecimento CNPQ
CIENCIAS SOCIAIS APLICADAS