Simon Schairer

@simonschairer.bsky.social

PhD-Candidate/Doctoral Research Fellow SuFi Project @UniWH SuFi Project | IPE, global finance, shadow banking, sustainable finance, monetary policy, theories of money & credit. (Please don't take the banner serious - it's ironic :)

🚨New article🚨 Why has the promise of universal ownership been broken, as @benbraun.bsky.social has suggested? Our argument: because the Big Three are hardly universal. They mainly invest in those that can insulate themselves from environmental harm - big tech & financials in the Global North. 🧵

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📣 Avec plus de 120 organisations, experts, chercheurs et entreprises, nous appelons la Commission européenne à garantir l'exclusion des entreprises développant de nouveaux projets d'énergies fossiles des futures catégories du SFDR afin de lutter efficacement contre le greenwashing. Lire la lettre ⤵️

There is no room for fossil fuel developers in any sustainable finance categories - Reclaim Finance

The review of the SFDR is coming to an end with the publication of the proposal for a revised regulation by the European Commission announced for Q4 2025.

reclaimfinance.org

On September 11, 1973, Chile’s socialist president Salvador Allende was overthrown in a CIA-backed coup. In this 1971 interview, published in English for the first time in Jacobin, Allende expressed his fears of destabilization and US interference.

What Salvador Allende Feared

On September 11, 1973, Chile’s socialist president Salvador Allende was overthrown in a CIA-backed military coup. In this 1971 interview, published in English for the first time, Allende expressed his fears of internal destabilization and US interference.

jacobin.com

Our #policy #paper has just been published: "Financing the #green #transition: Increasing #bankability, phasing out carbon investments and funding 'never bankable' activities". We ask: Why does a large green financing gap persist? What policies do we need to change it: www.uni-wh.de/en/your-camp...

[tra:ce] Policy Report

Financing the green transition: Increasing bankability, phasing out carbon investments and funding ‘never bankable’ activities

uni-wh.de

How can political decision-makers strengthen sustainable and climate-friendly investments - and at the same time effectively prevent climate-damaging financial flows? The latest [tra:ce] Policy Report takes a closer look at this question. Further information: www.uni-wh.de/en/your-camp...

[tra:ce] Policy Report

Financing the green transition: Increasing bankability, phasing out carbon investments and funding ‘never bankable’ activities

uni-wh.de

Check out our second [tra:ce] working paper! This time, we zoom in on the role of banks in sustainable finance: "The green banking gap: how bankability, business models, and regulations challenge banks' decarbonisation". *Join our public paper launch on Monday, 26 May, 11h (CET)*!

@naguila.bsky.social · last yr.

Banks have been slow to increase green lending and continue to finance high-GHG-emitting activities. Why? Based on 88 interviews, in our new @trace working paper, we argue that there are three main reasons: bankability, business model, and regulations. papers.ssrn.com/sol3/papers....

We provide a conceptualization of each channel of influence according to its domain or logic (financial risk–return, corporate governance, and amplification/support) and order them acc. to specificity versus breadth of their sustainability impact.

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We identify ten channels of influence concerning sustainable finance: (1) initial financing; (2) refinancing; (3) (re)insurance; (4) ratings; (5) climate-litigation; (6) company engagement; (7) divestment; (8) reputation; (9) coalition-building; and (10) standard-setting.

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We introduce the conceptual framework of ‘channels of influence’, which are are different strategies and mechanisms used by private actors that influence the behavior of financial and non-financial corporations to increase financial flows to sustainable productive investments.

In fact, most sufi actors & instruments cannot directly advance sustainable productive investment. We thus argue that sustainable finance is not exclusively about investing or providing finance, but crucially also about changing corporate practices toward greater sustainability.

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Since the Paris Agreement "sustainable finance" has grown rapidly. However, we don't see strong growth in real-world financial flows that mitigate climate change. Why? Because most of sufi creates *financial assets* and not *productive investment* which drives decarbonization.

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