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Divesting from the Green Investments Paradigm
[Désinvestir le paradigme des investissements verts]

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  • Nelo Magalhães

    (LADYSS - Laboratoire Dynamiques Sociales et Recomposition des Espaces - UP1 - Université Paris 1 Panthéon-Sorbonne - UP8 - Université Paris 8 Vincennes-Saint-Denis - UPN - Université Paris Nanterre - UPD7 - Université Paris Diderot - Paris 7 - CNRS - Centre National de la Recherche Scientifique)

Abstract

In this paper we shed light and analyze a very broad consensus that exists among economists regarding green investments. Beyond some divergences, mainstream and heterodox economists present green investments as a necessary and first condition to solve the ecological crisis. The main part of our research focuses on the pitfalls of what we call the Green Investment Paradigm. We highlight the reductionist, normative, ahistorical and depoliticizing vision, a consequence of a problem-solving framework. We finally discuss what is outside of the box and highlight some of the debates that need to be invested to contribute to a serious assessment of the causes of ecological crises.

Suggested Citation

  • Nelo Magalhães, 2021. "Divesting from the Green Investments Paradigm [Désinvestir le paradigme des investissements verts]," Post-Print hal-03676456, HAL.
    • Handle: RePEc:hal:journl:hal-03676456
    DOI: 10.1051/nss/2022010
    Note: View the original document on HAL open archive server: https://hal.science/hal-03676456
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