BIROn - Birkbeck Institutional Research Online

    Banking nature? The spectacular financialisation of environmental conservation

    Sullivan, Sian (2013) Banking nature? The spectacular financialisation of environmental conservation. Antipode 45 (1), pp. 198-217. ISSN 0066-4812.

    [img] Text
    Sullivan,_Banking_Nature,_Antipode_2012_DOI=10.1111_j.1467-8330.2012.00989.pdf - Published Version
    Restricted to Repository staff only

    Download (518kB) | Request a copy

    Abstract

    In this paper I emphasise the financialisation of environmental conservation as 1. the turning of financiers to conservation parameters as a new frontier for investment, and 2. the rewriting of conservation practice and nonhuman worlds in terms of banking and financial categories. I introduce financialisation as a broadly controlling impetus with relevance for environmental conservation. I then note ways in which a spectacular investment frontier in conservation is being opened. I highlight the draw of assertions of lucrative gains, combined with notions of geographical substitutability, in creating tradable indicators of environmental health and harm. I disaggregate financialisation strategies into four categories — nature finance, nature work, nature banking and nature derivatives — and assess their implications. The concluding section embraces Marx and Foucault as complementary thinkers in understanding the transforming intensifications of late capitalism in environmental conservation, and diagnosing their associated effects and costs.

    Metadata

    Item Type: Article
    Additional Information: The definitive version is available at www3.interscience.wiley.com
    Keyword(s) / Subject(s): financialisation, environmental conservation, frontier, primitive accumulation, environmentality, Marx, Foucault
    School: Birkbeck Schools and Departments > School of Social Sciences, History and Philosophy > Geography, Environment and Development Studies
    Depositing User: Dr Sian Sullivan
    Date Deposited: 16 Jul 2012 08:06
    Last Modified: 07 Jun 2013 12:43
    URI: http://eprints.bbk.ac.uk/id/eprint/4957

    Statistics

    Downloads
    Activity Overview
    4Downloads
    163Hits

    Additional statistics are available via IRStats2.

    Archive Staff Only (login required)

    Edit/View Item Edit/View Item