Now in Spanish! Thanks @phenomenalworld.bsky.social www.phenomenalworld.org/es/analisis/...

To conclude, I reframe the financing of the green transition as a multi-layered battle for jurisdictional control, with important implications for transnational private control over global environmental governance (7/7)

Through two case studies, I show how both mechanisms are expanding the offshore phenomenon as a logic of global South statecraft, enabling states to commercialize their sovereignty over the green transition (6/7)

The essay explores how proponents of carbon credit trading and debt-for-nature swaps use offshore financing vehicles to argue that the financial flows are both locally and internationally controlled, while advancing both climate justice and market-based prerogatives (5/7)

Different financing models have profound implications for governmental control over project implementation, local self-determination, broader development outcomes, and indeed the penetration of financial globalization (4/7)

Yet beyond the first-order issue of generating new financing, the question of how the money should be spent looms large (3/7)

As the global environmental financing ‘gap’ grows, there is increasing momentum behind non-traditional financing measures such as carbon credit trading and debt-for nature swaps (2/7)

@hpe-project.bsky.social