))
Urban Sustainability as New Financial Fix?
Manage episode 259672666 series 2658849
Content provided by Ross Beveridge, Markus Kip, Mais Jafari, Nitin Bathla, Julio Paulos, Nicolas Goez, Talja Blokland, Ross Beveridge, Markus Kip, Mais Jafari, Nitin Bathla, Julio Paulos, Nicolas Goez, and Talja Blokland. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ross Beveridge, Markus Kip, Mais Jafari, Nitin Bathla, Julio Paulos, Nicolas Goez, Talja Blokland, Ross Beveridge, Markus Kip, Mais Jafari, Nitin Bathla, Julio Paulos, Nicolas Goez, and Talja Blokland or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Mexico City's Green Municipal Bonds and the role of standard setting organizations
…
continue reading
The crisis of 2008 has set into motion a growing influence of finance in municipalities. In particular, financial actors have identified an enormous "investment gap" in cities in the Global South. This trend intersects with a new set of urban development strategies, that present the financial market as a catalyst for sustainable development. Standard setting organizations facilitate this process by providing norms and standards that offer transparency and reliability for financial actors.
Hanna elaborates on how these trends and actors have come together in the municipal administration of Mexico City and its decision to issue Green Municipal Bonds in 2016. Although a celebrated success on the market, these bonds did not finance a single project in addition to what would have been financed anyhow. At the same time, her research also reveals that these municipal and financial developments are not as straightforward as the idea of a "financial fix" might suggest. Hanna offers us some critical insights on these processes and what political learnings we can draw from this case.
Our guest
Hanna Hilbrandt is Professor of Social and Cultural Geography at the University of Zurich. Her research on processes of financialization in Mexico City has recently been published in Environment and Planning A (see here). In addition, Hanna's work explores spaces of mundane transgression, planning conflict, and housing marginality.
75 episodes
Share
