Climate Finance Society (ClimFiSoc)

The institutional logics of climate finance

News from the association:

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. Uli 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

Join us for a critical public roundtable titled “Is Europe's Sustainable Finance Strategy Failing?” on 15 May 2025, from 7:30 – 9:00 PM at Haus am Dom, Frankfurt a. M. Leading voices from sustainability, policy, and finance will examine the EU's current efforts and challenges in embedding sustainable finance in light of recent political pushbacks. This free event is part of the “Embedding Sustainable Finance” conference by the Climate Finance Society and supported by leading academic and research institutions.

With:
– Ndidi Nnoli-Edozien (International Sustainability Standards Board, ISSB)
– Sabine Dörry (Luxembourg Institute of Socio-Economic Research, LISER)
– Wojtek Kalinowski (Institut Veblen, Paris)
– Wiebke Merbeth (Deloitte/EU Platform on Sustainable Finance)
Moderation: Jan Schulte (Tagesspiegel) & Ulrich Klüh (Center for Sustainable Economic and Corporate Policy)
Admission free. Please register at hausamdom@bistumlimburg.de

FINANCIAL POLICY FOR TRANSFORMATION

The development of private and public financial systems is the linchpin of current transformation processes that are determined by the natural prerequisites of economic activity. Financial systems are the institutions that enable any future-oriented reallocation of resources in our societies - or not. These reallocations are necessary for any kind of innovation, especially for an ecologically sensitive restructuring of our production methods and our consumption behavior. Questions of resource allocation and distribution and their interactions also arise: where, how, for what purpose, by whom and to what end is reallocation taking place?

The question of whether this or that investment, for example in green transport infrastructure, is financially viable therefore only touches on the surface, even if it is of current political importance. At its core, it is about developing favorable structural, institutional and power-political conditions for the transformation into private and public financial systems that take effect under market economy conditions.

We cordially invite all interested parties to Tutzing and ask you to note the CALL for the open part of the conference and to forward it to those who are interested.

More information about the conference can be found in the following link:
https://www.ev-akademie-tutzing.de/Veranstaltung/finanzpolitik-fuer-die-transformation/

The co-organizers Ulrich Klüh and Richard Sturn introduce the conference with their blog post Empty Words. You can find it directly below this entry.

In their blog post Empty Words , Ulrich Klüh and Richard Sturn introduce the conference Financial Policy for Transformation. This will take place from March 10 to 12 together with the Evangelical Academy Tutzing.

You can find the full text here:

https://web.ev-akademie-tutzing.de/rotunde/index.php/leere-worte/

On December 18 and 19, 2024, the Darmstadt Team of the research project called Climate Finance Society (ClimFiSoc), in cooperation with the SuFi project (Janina Urban), organized a workshop on the topic of post-growth and banking/finance at the Haus am Dom in Frankfurt am Main. Silke Ötsch (ClimFiSoc Göttingen) and Felix Rossmann (ClimFiSoc Padeborn) also took part in the workshop.

During the first half-day, academic perspectives on this topic from an organizational and systemic point of view were presented and discussed. The second half-day was devoted to practitioners, with presentations on the current role of NGOs and banks. Business models, regulations, and skills were of particular interest to participants.
This workshop provided an opportunity to discuss the state of the art on the subject of banks and post-growth. Discussions highlighted the need for further integrated research with practitioners.

click here for more news and the program:

https://znwu.de/en/workshop-banks-and-post-growth-in-frankfurt-

December-2024/

W:NE
Economy in Dialogue on: Sustainable Developments

The seminar of the Center for Sustainable Economic and Corporate Policy (ZNWU) takes place every semester. Students are also welcome. Registration is not required.

When: Thursdays from 12:15 to 13:45
Where: Hybrid

Haus der Energie, Holzhofallee 38 / Room 103 or via BigBlueButton
As announced, the lectures this semester will again take place in hybrid form. 

You can register for all meetings using the following link:

https://rooms.h-da.de/r?room=ZNWU+forschungsseminar

Subproject 2:

Prof. Dr. Ulrich Klüh will speak on April 23, 2024 at Haus am Dom (Frankfurt am Main) on the financing of the socio-ecological transformation under the title: Materiality and Plurality of Climate Finance: Beyond Blackrock and the Debt Brake.

Further information:

https://znwu.de/wp-content/uploads/2024/02/rz-low-Wirtschaft-Transformation-Zukunft.pdf

Subproject 2: 

Transformation talk from the Saarland Chamber of Labor
“Transformation financing beyond the debt brake and Blackrock”