Urban Political Podcast

Urban Climate Finance at the edge of viability?

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Synopsis

Amidst the rapidly unfolding ecological crisis, current research is witnessing ever new financial strategies that aim at making money from urban climate risks. In this episode Hanna Hilbrandt invites Emma Colven, Zac Taylor, Sarah Knuth, and Sage Ponder, to discuss the financial and socio-material limits to the viability of urban financialization in the context of climate change. When climate disasters increasingly destroy financial assets and erode returns, how much longer will it take until some financial strategies become unviable? What are the multiple mechanisms finance and state actors use to push these limits into the future and continue to profit from climate change? Which places are indispensable to finance? And what happens when financial strategies become unviable (if that happens at all)? Bringing together research from Jakarta, Miami and Puerto Rico, amongst other cities, we discuss risk management practices that mine value from rising waters, wildfires, or hurricanes, and open up new markets