This talk analyses how finance comes to know the climate. Empirically, the talk focusses on recent attempts to establish a ‘global baseline’ for climate reporting as well as financial engineering models to calculate carbon risks of investment portfolios.
The talk thus traces the informational metabolism through which climate data is converted into financial information, risk metrics and ultimately price signals. In doing so, it critically examines what gets lost in this translation and how finance becomes a site of climate misinformation.
About Andreas Folkers
Andreas Folkers is a sociologist with research interests spanning political, economic, and environmental sociology; critical theory; and science and technology studies. Topics of his work include bio- and technopolitics, capital and climate, security and risk, energy and emissions. Currently he is a Marie-Curie Fellow at Columbia University, New York, and the Institute for Social Research, Frankfurt.
His new book on “Fossil modernity. A natural history of the present” is forthcoming with Suhrkamp (German) and Zone (English).
Find out more about Andreas Folkers on his website (andreasfolkers.eu)