Publications and Recorded Talks
Publications
Knuth, Sarah and Anantha Krishnan (2021) Climate Finance for Cities and Urban Governments. British Academy. ISBN: 978-0-85672-674-3.
The objective of this briefing is to characterise this urban climate investment challenge across multiple dimensions, survey financial pathways emerging today and consider future directions. This discussion supports a number of COP26 goals, particular its key commitment to mobilise finance. We note exemplary contributions being made on these questions by scholars in the humanities and social sciences, as well as key issues that require more understanding and publicly engaged scholarship. We organize our observations into three overarching propositions.
Talks
Keynote talk by Luciana Ferrara. The Urban Climate Finance Workshop. 5-6 May 2022.
Dr. Luciana Ferrara is a professor in the Center for Engineering, Modeling and Applied Social Sciences at the Federal University of ABC, Brazil. Her research in architecture and urbanism examines topics such as social housing, urban public policies, the environment, urban springs and urban infrastructure.
The Urban Political Ecologies of Climate Finance Forms and Flows workshop. November 2020.
Talk Abstract
As critical urbanists confront climate change, and prospective climate responses, we must ask crucial questions about the ‘lifetime’ of today’s urban fabrics and metropolitan forms. How durable or ephemeral will existing urban geographies prove in the face of societal devaluations and destruction associated with climate change? Will breaks in and with existing urban forms be suffered through climate change impacts, or waged proactively in the name of deep decarbonization?
Dystopian climate imaginaries present such material ruptures, mass stranding of real estate assets, and ‘premature death’ as an existential urban crisis. I maintain here that they are, rather, business as usual for urban capitalism, and its own longer-unfolding crisis. Property developers and appraisers have frequently truncated the lifetime of urban built environments, in how they have represented buildings and their long-term value—and non-value—and in how these representations have become material fact. I consider some bodies of critical urban scholarship necessary to exploring such processes and their climate significance, an important task going forward. I argue that this charge demands creative engagements between cultural geography and political economy, including on questions such as sometimes deep-rooted ‘fiscal geographies’ of urban disposability and emerging geographies (and crises) of property insurance.
Dr. Sarah Knuth is an Assistant Professor in the Department of Geography at Durham University. Her research focuses on critical geographies of climate change and energy transition, finance and the green economy.
Talk Abstract
In September 2017 the US territory of Puerto Rico was struck by a category 5 hurricane while undergoing the process of municipal bankruptcy. The devastation caused by this natural disaster has become caught up with processes of municipal insolvency and recovery, wielding disastrous impacts on everyday patterns and properties of social reproduction at the urban level. Part of the financial and environmental recovery process includes the privatization of major public infrastructures, including crucial elements of the water system and the entire electric grid, as well as the establishment of an island-wide “opportunity zone”, that incentivizes capital gains tax-free real estate investments. This paper uses document analysis and participant observation to first examine the relationship between urban forms of social reproduction, infrastructural repair, and municipal bankruptcy in Puerto Rico, USA. It then works through this interface of finance, environment, and society to consider how processes of economic revitalization and maintenance and repair are producing climate gentrification in the working class neighborhood of Puerta de Tierra, San Juan. Ultimately it reveals two very different imaginaries of Puerto Rican futurity at work: one dominated by the maintenance of colonial debt relations, while a nascent other works to engender new spatialities of collective self-determination and social healing.
Dr. CS Ponder is an assistant professor of geography at Florida State University and an Urban Studies Foundation fellow with the University of Minnesota, department of Geography, Environment & Society. Her research is concerned with understanding the racialization of urban finance, and the implications for environmental justice and social reproduction.