Mathias Larsen
@mathiaslarsen.bsky.social
Postdoc at Brown University's Watson Institute. Working on the political economy of financing green transition in China and other global South countries
New paper out with @james7jackson.bsky.social in the working paper series of @granthamlse.bsky.social: 'Revisiting central bank independence for the climate era: insights from the People’s Bank of China'
www.lse.ac.uk/granthaminst...
www.lse.ac.uk/granthaminst...
Revisiting central bank independence for the climate era: insights from the People’s Bank of China - Grantham Research Institute on climate change and the environment
This paper explores the relationship between independence and climate action through an in-depth study of the PBoC, comparing it with Western central banks.
www.lse.ac.uk
November 7, 2025 at 1:58 PM
New paper out with @james7jackson.bsky.social in the working paper series of @granthamlse.bsky.social: 'Revisiting central bank independence for the climate era: insights from the People’s Bank of China'
www.lse.ac.uk/granthaminst...
www.lse.ac.uk/granthaminst...
New article out in @lsebr.bsky.social:
China leads in renewables capacity but also in greenhouse gas emissions.
How do you reconcile these two aspects?
@granthamlse.bsky.social
How do you reconcile these two aspects?
@granthamlse.bsky.social
How to reconcile China leading in renewable energy capacity and CO2 emissions - LSE Business Review
China leads in renewables capacity but also in greenhouse gas emissions. To reconcile these two, the debate needs to take nuance into account.
blogs.lse.ac.uk
October 10, 2025 at 7:49 AM
New article out in @lsebr.bsky.social:
New article out in Ecological Economics with @jhasselbalch.bsky.social: 'Reimagining growth futures: Overcoming the false binary between green growth and degrowth'
www.sciencedirect.com/science/arti...
www.sciencedirect.com/science/arti...
Reimagining growth futures: Overcoming the false binary between green growth and degrowth
When imagining how a green transition can take place, the relationship between economic growth and environmental sustainability is commonly viewed in …
www.sciencedirect.com
October 8, 2025 at 9:35 AM
New article out in Ecological Economics with @jhasselbalch.bsky.social: 'Reimagining growth futures: Overcoming the false binary between green growth and degrowth'
www.sciencedirect.com/science/arti...
www.sciencedirect.com/science/arti...
Reposted by Mathias Larsen
“Chinese overseas FDI is nearing $100 billion per year. The Marshall Plan was $200b—and locked Europe into US tech and standards. When we see sums of this size, we can ask whether it will have a similar effect on the globe.”
NEW: @70sbachchan.bsky.social & @mathiaslarsen.bsky.social on the BRI 2.0
NEW: @70sbachchan.bsky.social & @mathiaslarsen.bsky.social on the BRI 2.0
September 20, 2025 at 5:48 PM
“Chinese overseas FDI is nearing $100 billion per year. The Marshall Plan was $200b—and locked Europe into US tech and standards. When we see sums of this size, we can ask whether it will have a similar effect on the globe.”
NEW: @70sbachchan.bsky.social & @mathiaslarsen.bsky.social on the BRI 2.0
NEW: @70sbachchan.bsky.social & @mathiaslarsen.bsky.social on the BRI 2.0
I’m excited to have started a job at the LSE as a Senior Policy Fellow, leading the China work at the Grantham Research Institute on Climate Change & the Environment @granthamlse.bsky.social
September 17, 2025 at 8:18 AM
I’m excited to have started a job at the LSE as a Senior Policy Fellow, leading the China work at the Grantham Research Institute on Climate Change & the Environment @granthamlse.bsky.social
New op-ed published in @carnegieendowment.org's China blog, edited by @michaelpettis.bsky.social: “How China’s Growth Model Determines Its Climate Performance: Rather than climate ambitions, compatibility with investment and exports is why China supports both green and high-emission technologies.”
In the latest issue of CRI, Mathias Larsen discusses China's clean industries in the context of its growth model.
carnegieendowment.org/posts/2025/0...
carnegieendowment.org/posts/2025/0...
How China’s Growth Model Determines Its Climate Performance
Rather than climate ambitions, compatibility with investment and exports is why China supports both green and high-emission technologies.
carnegieendowment.org
September 15, 2025 at 9:20 AM
New op-ed published in @carnegieendowment.org's China blog, edited by @michaelpettis.bsky.social: “How China’s Growth Model Determines Its Climate Performance: Rather than climate ambitions, compatibility with investment and exports is why China supports both green and high-emission technologies.”
New op-ed out in the @carnegieendowment.org's China-blog edited by @michaelpettis.bsky.social: “How China’s Growth Model Determines Its Climate Performance"
carnegieendowment.org/posts/2025/0...
carnegieendowment.org/posts/2025/0...
How China’s Growth Model Determines Its Climate Performance
Rather than climate ambitions, compatibility with investment and exports is why China supports both green and high-emission technologies.
carnegieendowment.org
September 15, 2025 at 8:00 AM
New op-ed out in the @carnegieendowment.org's China-blog edited by @michaelpettis.bsky.social: “How China’s Growth Model Determines Its Climate Performance"
carnegieendowment.org/posts/2025/0...
carnegieendowment.org/posts/2025/0...
New policy report just published with groundbreaking data showing that China's new global role in the green transition is investing in manufacturing, not financing infrastructure: "China’s Green Leap Outward"
www.netzeropolicylab.com/china-green-...
www.netzeropolicylab.com/china-green-...
China Green Leap Outward — Net Zero Industrial Policy Lab
A new China Low Carbon Technology FDI Database
www.netzeropolicylab.com
September 10, 2025 at 9:16 AM
New policy report just published with groundbreaking data showing that China's new global role in the green transition is investing in manufacturing, not financing infrastructure: "China’s Green Leap Outward"
www.netzeropolicylab.com/china-green-...
www.netzeropolicylab.com/china-green-...
New article with @james7jackson.bsky.social out in Competition & Change: The green versus environmental state: Reviewing two decades of conceptualizing state-led approaches
journals.sagepub.com/doi/10.1177/...
journals.sagepub.com/doi/10.1177/...
Sage Journals: Discover world-class research
Subscription and open access journals from Sage, the world's leading independent academic publisher.
journals.sagepub.com
September 3, 2025 at 7:15 PM
New article with @james7jackson.bsky.social out in Competition & Change: The green versus environmental state: Reviewing two decades of conceptualizing state-led approaches
journals.sagepub.com/doi/10.1177/...
journals.sagepub.com/doi/10.1177/...
New op-ed out in The Diplomat @thediplomat.com: 'China’s Political System Makes Consumption-led Growth Impossible: Beijing’s prioritization of political security necessitates a reliance on investment and exports – not consumption – to power the economy.'
thediplomat.com/2025/08/chin...
thediplomat.com/2025/08/chin...
China’s Political System Makes Consumption-led Growth Impossible
Beijing’s prioritization of political security necessitates a reliance on investment and exports – not consumption – to power the economy.
thediplomat.com
August 24, 2025 at 6:50 AM
New op-ed out in The Diplomat @thediplomat.com: 'China’s Political System Makes Consumption-led Growth Impossible: Beijing’s prioritization of political security necessitates a reliance on investment and exports – not consumption – to power the economy.'
thediplomat.com/2025/08/chin...
thediplomat.com/2025/08/chin...
New article out in World Development: 'Green industrial policy under financial constraints: Insights from India’s state-led decarbonization'
www.sciencedirect.com/science/arti...
www.sciencedirect.com/science/arti...
Green industrial policy under financial constraints: Insights from India’s state-led decarbonization
State financing in different forms is the core of green industrial policy. In spite of severe domestic and international financial constraints, India’…
www.sciencedirect.com
August 1, 2025 at 5:19 PM
New article out in World Development: 'Green industrial policy under financial constraints: Insights from India’s state-led decarbonization'
www.sciencedirect.com/science/arti...
www.sciencedirect.com/science/arti...
NEW ARTICLE out in Review of International Political Economy @ripejournal.bsky.social: The archetype of a ‘big green state’? What China tells us about green macrofinancial regimes
doi.org/10.1080/0969...
doi.org/10.1080/0969...
The archetype of a ‘big green state’? What China tells us about green macrofinancial regimes
Driven by the urgency of the climate crisis, political economists are debating how the state can best ensure financing for a green transition. Providing a conceptual scaffolding for discussing diff...
doi.org
July 15, 2025 at 12:28 PM
NEW ARTICLE out in Review of International Political Economy @ripejournal.bsky.social: The archetype of a ‘big green state’? What China tells us about green macrofinancial regimes
doi.org/10.1080/0969...
doi.org/10.1080/0969...
In my latest op-ed just out in Environmental Finance, Calvin Quek and I asses what policy tools are most central in how China finances green industries. Taxonomies, disclosure, and green bonds get most attention but these are not that impactful.
www.environmental-finance.com/content/anal...
www.environmental-finance.com/content/anal...
What other countries can learn from how China financed a green transformation
China's green transformation has come about more from financing green than greening finance, write <strong>Calvin Quek</strong> and <strong>Mathias Larsen</strong>
www.environmental-finance.com
June 30, 2025 at 12:56 PM
In my latest op-ed just out in Environmental Finance, Calvin Quek and I asses what policy tools are most central in how China finances green industries. Taxonomies, disclosure, and green bonds get most attention but these are not that impactful.
www.environmental-finance.com/content/anal...
www.environmental-finance.com/content/anal...
New article out in Socio-Economic Review @sasemeeting.bsky.social: 'The pullback of Chinese overseas financing and its implications for a post-neoliberal global financial order.'
doi.org/10.1093/ser/...
doi.org/10.1093/ser/...
The pullback of Chinese overseas financing and its implications for a post-neoliberal global financial order
Abstract. Over the past 15 years, Chinese overseas financing has reached a staggering $2 trillion. Differing from neoliberal principles, Chinese finance is
doi.org
June 5, 2025 at 5:45 PM
New article out in Socio-Economic Review @sasemeeting.bsky.social: 'The pullback of Chinese overseas financing and its implications for a post-neoliberal global financial order.'
doi.org/10.1093/ser/...
doi.org/10.1093/ser/...
New article out in New Political Economy! My co-author,
@james7jackson.bsky.social, and I propose the concept of 'green financial planning' to capture how the Paris Agreement presents a state-capital relationship around planning.
www.tandfonline.com/doi/full/10....
@james7jackson.bsky.social, and I propose the concept of 'green financial planning' to capture how the Paris Agreement presents a state-capital relationship around planning.
www.tandfonline.com/doi/full/10....
Green financial planning: a state-capital relationship meta-governed through the Paris agreement
The political economy literature has witnessed a proliferation of ‘green’ interpretations of long-standing analytical subjects in recent years. This includes green industrial policy, green macrofin...
www.tandfonline.com
June 1, 2025 at 12:01 AM
New article out in New Political Economy! My co-author,
@james7jackson.bsky.social, and I propose the concept of 'green financial planning' to capture how the Paris Agreement presents a state-capital relationship around planning.
www.tandfonline.com/doi/full/10....
@james7jackson.bsky.social, and I propose the concept of 'green financial planning' to capture how the Paris Agreement presents a state-capital relationship around planning.
www.tandfonline.com/doi/full/10....
Reposted by Mathias Larsen
Really nice discussion of how US monetary policy affects decarbonization in emerging economies, from @danieldrisc.com
www.cambridge.org/core/journal...
www.cambridge.org/core/journal...
The US dollar and decarbonization: Exploring constraints | Finance and Society | Cambridge Core
The US dollar and decarbonization: Exploring constraints
www.cambridge.org
May 26, 2025 at 4:11 PM
Really nice discussion of how US monetary policy affects decarbonization in emerging economies, from @danieldrisc.com
www.cambridge.org/core/journal...
www.cambridge.org/core/journal...
I'll be in Beijing all of May and June as a visiting scholar at Peking University's Carbon Neutrality Institute. Let me know if you're in town or if you know someone I should meet.
May 2, 2025 at 12:12 PM
I'll be in Beijing all of May and June as a visiting scholar at Peking University's Carbon Neutrality Institute. Let me know if you're in town or if you know someone I should meet.
NEW ARTICLE out in Capital & Class revisiting the debate on whether China is capitalist or socialist: ‘Reconsidering the ‘China model’ through structure and agency: The hybrid realities of Chinese capitalism and ‘socialism with Chinese characteristics’
journals.sagepub.com/doi/10.1177/...
journals.sagepub.com/doi/10.1177/...
Sage Journals: Discover world-class research
Subscription and open access journals from Sage, the world's leading independent academic publisher.
journals.sagepub.com
March 22, 2025 at 1:39 PM
NEW ARTICLE out in Capital & Class revisiting the debate on whether China is capitalist or socialist: ‘Reconsidering the ‘China model’ through structure and agency: The hybrid realities of Chinese capitalism and ‘socialism with Chinese characteristics’
journals.sagepub.com/doi/10.1177/...
journals.sagepub.com/doi/10.1177/...
Reposted by Mathias Larsen
We have another phenomenal panel on green finance tomorrow morning at #ISA2025! We're bringing the energy with papers on solar investment, state-owned investment banks, the Bridgetown Initiative, sovereign green bonds, and more!
8:15 am in the Mobley Room!
8:15 am in the Mobley Room!
March 3, 2025 at 11:24 PM
We have another phenomenal panel on green finance tomorrow morning at #ISA2025! We're bringing the energy with papers on solar investment, state-owned investment banks, the Bridgetown Initiative, sovereign green bonds, and more!
8:15 am in the Mobley Room!
8:15 am in the Mobley Room!