Financialization and an emerging “green investor state”: Examining China's use of state‐backed funds for green transition
Kasper Ingeman Beck,
Mathias Larsen
Abstract:China is simultaneously enacting a state‐led financialization of governance and a prioritization of environmental objectives. Resultingly, dedicated state‐backed green funds have grown in scale beyond US$70 billion. Drawing on interviews, policies, and financial databases, we examine these funds through policy document analysis, descriptive statistics, and three case studies. Tying together the literature on “financialization” and the “green state” we show how China's “market‐driven, government‐guided” type of… Show more
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