Confronting stasis and navigating pathways of change in green finance
Researcher agencies, emotions, and normativities
Bibliographic Data
| ID | 6424282 |
|---|---|
| Authors | Katharina Dittrich (0000-0001-8702-9639, University of Warwick, corresponding author), Svetlana Gro, Svetlana Gross (Stockholm School of Economics), Niina Häkälä (0009-0003-7207-1633, University of Turku), Clara Mcdonnell (0000-0003-1844-2977, University of Amsterdam) |
| Year | 2025 |
| Volume | 11 |
| Issue | 3 |
| Pages | 1-13 |
| Publication date | 2025-11-13 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Finance and Society (JOURNAL) |
| Journal identifiers | ISSN: 2059-5999 • E-ISSN: 2059-5999 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/fas.2025.10025 |
| OpenAlex | W7105600867 |
| Language | EN |
| References cited | 45 |
The promise or intent of change is a fundamental feature of ‘green’ finance. Despite many observable and notable changes in financial discourse, disclosure practices, products, and regulatory reforms, many green finance researchers are also painfully aware of the various ways in which green finance falls short of its promise. Being confronted with stasis creates feelings of frustration and gives rise to fundamental questions about the role of researchers in conducting research in this area and their normative stances towards their research objects. To generate movement away from stasis, this article calls for a more explicit consideration of researchers’ agency, emotions, and normativities in green finance research. Drawing on the metaphor of paths and path-making – a generative tool for thinking across various disciplines – it outlines different types of agency that can help researchers in orienting themselves along different pathways of change. In reflecting on these agencies, the article advocates for fostering explicit discussions on the diverse normative stances present in green finance research. This approach aims to inspire opportunities for collective authorship on specific and pressing questions, ultimately enhancing the collective agency of socio-economic scholarship in the field of green finance
Agency (philosophy · Feeling · Field (mathematics · Metaphor · Normative · Scholarship · Corporate Social Responsibility Reporting · Sustainability and Climate Change Governance · Sustainable Finance and Green Bonds
The Value of a Whale
The Cultural Politics of Emotion
Field or Fields? Building the Scaffolding for Cumulation of Research on Institutional Fields
Pathways of Institutional Change
The tragedy of climate change science
Valuation as a Semiotic, Narrative, and Dramaturgical Problem
How deep is incumbency? A ‘configuring fields’ approach to redistributing and reorienting power in socio-material change
Energy transitions or additions
Epistemic gerrymandering
Carrots with(out) sticks
The “ Finance‐Extraction‐Transitions Nexus”
Old colonial power in new green financing instruments. Approaching financial subordination from the perspective of racial capitalism in renewable energy finance in Senegal
Imagined Futures
Varieties of Normative Inquiry
An unexpected climate activist
Critical macro-finance
Channels of influence in sustainable finance
Activism without hope? Four varieties of postapocalyptic environmentalism
The Wall Street Consensus
Science and Emotions
Lines
Control over Time
How 'Ceremonial Openness' Prevents Organizational Change
What Is Agency
Green bond market practices
Towards a sociology of stranded assets
| Citation velocity | historical |
|---|---|
| Highly cited | No |