Joscha Wullweber
@jwullweber.bsky.social
Heisenberg-Professor of PolEcon, Transformation and Sustainability, Director of [tra:ce], Univ. Witten/Herdecke. Strong focus on IPE, global finance, central bank politics, money. Also active at mastodon.world/@JWullweber
Reposted by Joscha Wullweber
@riccardobaioni.bsky.social, Nicolás Águila, Janina Urban, @paulahaufe.bsky.social, @simonschairer.bsky.social & @jwullweber.bsky.social discuss how the European Commission attempted to reinvigorate the stalled Capital Markets Union project by reframing it as a vehicle for green investments 👇
Playing the capital market? Sustainable finance and the discursive construction of the Capital Markets Union as a common good
The Capital Markets Union (CMU) project aims to create more integrated capital markets in Europe. However, the project faces resistance, and despite ongoing efforts EU capital markets remain fragme...
www.tandfonline.com
July 23, 2025 at 11:28 AM
@riccardobaioni.bsky.social, Nicolás Águila, Janina Urban, @paulahaufe.bsky.social, @simonschairer.bsky.social & @jwullweber.bsky.social discuss how the European Commission attempted to reinvigorate the stalled Capital Markets Union project by reframing it as a vehicle for green investments 👇
Reposted by Joscha Wullweber
Happy to share a new open-access article from the SuFi project at Witten/Herdecke University, just published in @jeppjournal.bsky.social @naguila.bsky.social @janina urban @paulahaufe.bsky.social @simonschairer.bsky.social @jwullweber.bsky.social
👉 www.tandfonline.com/doi/full/10....
👉 www.tandfonline.com/doi/full/10....
Playing the capital market? Sustainable finance and the discursive construction of the Capital Markets Union as a common good
The Capital Markets Union (CMU) project aims to create more integrated capital markets in Europe. However, the project faces resistance, and despite ongoing efforts EU capital markets remain fragme...
www.tandfonline.com
July 28, 2025 at 1:42 PM
Happy to share a new open-access article from the SuFi project at Witten/Herdecke University, just published in @jeppjournal.bsky.social @naguila.bsky.social @janina urban @paulahaufe.bsky.social @simonschairer.bsky.social @jwullweber.bsky.social
👉 www.tandfonline.com/doi/full/10....
👉 www.tandfonline.com/doi/full/10....
Figure from our #policy #report: 1. The main barrier to #financing the necessary activities for the sustainable transition is their lack of #bankability
2. High GHG-emitting activities remain #bankable and thus continue to attract financing from banks and shadow banks
www.uni-wh.de/en/your-camp...
2. High GHG-emitting activities remain #bankable and thus continue to attract financing from banks and shadow banks
www.uni-wh.de/en/your-camp...
July 11, 2025 at 1:10 PM
Figure from our #policy #report: 1. The main barrier to #financing the necessary activities for the sustainable transition is their lack of #bankability
2. High GHG-emitting activities remain #bankable and thus continue to attract financing from banks and shadow banks
www.uni-wh.de/en/your-camp...
2. High GHG-emitting activities remain #bankable and thus continue to attract financing from banks and shadow banks
www.uni-wh.de/en/your-camp...
Our #policy #paper has just been published: "Financing the #green #transition: Increasing #bankability, phasing out carbon investments and funding 'never bankable' activities". We ask: Why does a large green financing gap persist? What policies do we need to change it: www.uni-wh.de/en/your-camp...
[tra:ce] Policy Report
Financing the green transition: Increasing bankability, phasing out carbon investments and funding ‘never bankable’ activities
www.uni-wh.de
July 3, 2025 at 6:01 AM
Our #policy #paper has just been published: "Financing the #green #transition: Increasing #bankability, phasing out carbon investments and funding 'never bankable' activities". We ask: Why does a large green financing gap persist? What policies do we need to change it: www.uni-wh.de/en/your-camp...
Public launch of our policy report "#Financing the #green #transition: Increasing #bankability, phasing out carbon #investments and funding 'never bankable' activities". Monday 30.6., 11:00 (CET) via Zoom. Comments: Silke Stremlau, Sustainable Finance Advisory Committee www.uni-wh.de/en/financing...
Policy Report Launch: Financing the Green Transition
Presentation of the policy paper on improving bankability, exiting carbon investments and financing activities that were never bankable.
www.uni-wh.de
June 23, 2025 at 9:50 AM
Public launch of our policy report "#Financing the #green #transition: Increasing #bankability, phasing out carbon #investments and funding 'never bankable' activities". Monday 30.6., 11:00 (CET) via Zoom. Comments: Silke Stremlau, Sustainable Finance Advisory Committee www.uni-wh.de/en/financing...
Reposted by Joscha Wullweber
📣 Neues Impulspapier „Sicherheit: Worüber wir jetzt reden müssen“. Das vierseitige Papier zielt darauf ab, Debatten über Sicherheit und Nachhaltigkeit anzuregen.
www.wbgu.de/ip-sicherheit
@akhornidge.bsky.social
@alettabonn.bsky.social
@traidlhoffmann.bsky.social
@jwullweber.bsky.social
www.wbgu.de/ip-sicherheit
@akhornidge.bsky.social
@alettabonn.bsky.social
@traidlhoffmann.bsky.social
@jwullweber.bsky.social
June 10, 2025 at 11:36 AM
📣 Neues Impulspapier „Sicherheit: Worüber wir jetzt reden müssen“. Das vierseitige Papier zielt darauf ab, Debatten über Sicherheit und Nachhaltigkeit anzuregen.
www.wbgu.de/ip-sicherheit
@akhornidge.bsky.social
@alettabonn.bsky.social
@traidlhoffmann.bsky.social
@jwullweber.bsky.social
www.wbgu.de/ip-sicherheit
@akhornidge.bsky.social
@alettabonn.bsky.social
@traidlhoffmann.bsky.social
@jwullweber.bsky.social
We are thrilled to announce the public #launch of our #policy #paper: "Financing the #green #transition: Increasing #bankability, phasing out carbon investments and funding 'never bankable' activities" @ioew.bsky.social Monday 30.06.2025, 11:00 (CET) www.uni-wh.de/die-finanzie...
June 12, 2025 at 8:30 AM
We are thrilled to announce the public #launch of our #policy #paper: "Financing the #green #transition: Increasing #bankability, phasing out carbon investments and funding 'never bankable' activities" @ioew.bsky.social Monday 30.06.2025, 11:00 (CET) www.uni-wh.de/die-finanzie...
Reposted by Joscha Wullweber
📣 New WBGU discussion paper „Security: What we need to talk about". www.wbgu.de/dp-security
The aim of the four-pager is to stimulate debates on security and its relation to sustainability.
@akhornidge.bsky.social @alettabonn.bsky.social
@traidlhoffmann.bsky.social @jwullweber.bsky.social
The aim of the four-pager is to stimulate debates on security and its relation to sustainability.
@akhornidge.bsky.social @alettabonn.bsky.social
@traidlhoffmann.bsky.social @jwullweber.bsky.social
June 10, 2025 at 11:42 AM
📣 New WBGU discussion paper „Security: What we need to talk about". www.wbgu.de/dp-security
The aim of the four-pager is to stimulate debates on security and its relation to sustainability.
@akhornidge.bsky.social @alettabonn.bsky.social
@traidlhoffmann.bsky.social @jwullweber.bsky.social
The aim of the four-pager is to stimulate debates on security and its relation to sustainability.
@akhornidge.bsky.social @alettabonn.bsky.social
@traidlhoffmann.bsky.social @jwullweber.bsky.social
Wir vergeben einen Jugend-Kreativpreis Nachhaltigkeit: "System change not climate change?"! Wie sieht eine nachhaltige und gerechte Welt aus – und was ist der Weg dorthin? Ob Text, Collage, Illustration, Kurzvideo oder Comic – deine Vision zählt. www.uni-wh.de/euer-campus/...
May 30, 2025 at 11:02 AM
Wir vergeben einen Jugend-Kreativpreis Nachhaltigkeit: "System change not climate change?"! Wie sieht eine nachhaltige und gerechte Welt aus – und was ist der Weg dorthin? Ob Text, Collage, Illustration, Kurzvideo oder Comic – deine Vision zählt. www.uni-wh.de/euer-campus/...
Nach den drei trockensten Monaten seit Beginn der Wetteraufzeichnung wichtiger denn je!
#Weltwassertag: Der WBGU empfiehlt in seinem Policy Brief zur UN-Wasserkonferenz 2026 eine Internationale Wasserstrategie zu erarbeiten, eine Water Mapping Initiative als neue Science-Policy-Schnittstelle einzurichten und klimaresilientes Wassermanagement zu etablieren. www.wbgu.de/policybriefwasser
May 20, 2025 at 9:17 AM
Nach den drei trockensten Monaten seit Beginn der Wetteraufzeichnung wichtiger denn je!
We had an intense week at the German Advisory Council on Global Change @wbgu.bsky.social. In light of the challenges facing the German society and societies all over the world, how can the WBGU support policymakers in addressing global environmental change? Stay tuned for our answers!
May 19, 2025 at 8:59 AM
We had an intense week at the German Advisory Council on Global Change @wbgu.bsky.social. In light of the challenges facing the German society and societies all over the world, how can the WBGU support policymakers in addressing global environmental change? Stay tuned for our answers!
A great paper!
#Crypto began as an anti-state, anti-credit project. Now it's an integral part of the state-backed credit system - just think of Trump’s 'Bitcoin Reserve'. How and why did this happen?
Find answers in our new open-access article in @ripejournal.bsky.social:
www.tandfonline.com/doi/full/10....
Find answers in our new open-access article in @ripejournal.bsky.social:
www.tandfonline.com/doi/full/10....
A credit theory of anti-credit money: How the cryptocurrency sphere turned into a shadow banking system
Cryptocurrencies were designed to function as money without banks. How, then, could they run into a banking crisis in 2022? We argue that the evolution of the crypto sphere into a credit based syst...
www.tandfonline.com
May 19, 2025 at 8:36 AM
A great paper!
Our second [tra:ce] working paper, which addresses the challenges of financing green investments, is out: "The green banking gap: how bankability, business models, and regulations challenge banks' decarbonisation". Join our public paper launch on Monday, 26 May, 11h (CET)!
Banks have been slow to increase green lending and continue to finance high-GHG-emitting activities. Why? Based on 88 interviews, in our new @trace working paper, we argue that there are three main reasons: bankability, business model, and regulations. papers.ssrn.com/sol3/papers....
The green banking gap: how bankability, business models, and regulations challenge banks' decarbonisation
Banks have been slow to increase green lending while they continue to finance high-GHG-emitting activities, a phenomenon we call the "green banking gap&quo
papers.ssrn.com
May 19, 2025 at 8:28 AM
Our second [tra:ce] working paper, which addresses the challenges of financing green investments, is out: "The green banking gap: how bankability, business models, and regulations challenge banks' decarbonisation". Join our public paper launch on Monday, 26 May, 11h (CET)!
Jetzt erst recht: den BA #Global #Sustainability: #Climate, #Justice, #Transformation studieren! www.uni-wh.de/unser-vibe/l...
Alumni Newsletter
Aktuelle News für die ehemaligen Studierenden der UW/H im Alumni Newsletter.
www.uni-wh.de
April 2, 2025 at 6:12 PM
Jetzt erst recht: den BA #Global #Sustainability: #Climate, #Justice, #Transformation studieren! www.uni-wh.de/unser-vibe/l...
Reposted by Joscha Wullweber
(1) loan securitization, (2) emissions risk transfers, (3) bond financing, (4) carbon asset partitioning, (5) offshore corporate wealth chains, (6) private credit, and (7) proved developed producing reserves securitization.
April 1, 2025 at 10:34 AM
(1) loan securitization, (2) emissions risk transfers, (3) bond financing, (4) carbon asset partitioning, (5) offshore corporate wealth chains, (6) private credit, and (7) proved developed producing reserves securitization.
Reposted by Joscha Wullweber
Drawing on qualitative expert interviews and financial market data, the paper explains how the offshore-shadow-banking nexus hampers the green transition by introducing the concept of ‘shadow carbon financing’, which can operate through the following seven channels:
April 1, 2025 at 10:34 AM
Drawing on qualitative expert interviews and financial market data, the paper explains how the offshore-shadow-banking nexus hampers the green transition by introducing the concept of ‘shadow carbon financing’, which can operate through the following seven channels:
Reposted by Joscha Wullweber
These blind spots seriously undermine regulatory efficacy because offshore finance enables the obfuscation of financial flows, while shadow banking facilitates alternative financing to high carbon-emitting firms.
April 1, 2025 at 10:34 AM
These blind spots seriously undermine regulatory efficacy because offshore finance enables the obfuscation of financial flows, while shadow banking facilitates alternative financing to high carbon-emitting firms.
Reposted by Joscha Wullweber
Recent years saw regulatory efforts to steer the financial system towards financing the transition to a net-zero economy and phase out carbon financing. However, EU regulation has left the nexus of offshore finance and the shadow banking system untouched.
April 1, 2025 at 10:34 AM
Recent years saw regulatory efforts to steer the financial system towards financing the transition to a net-zero economy and phase out carbon financing. However, EU regulation has left the nexus of offshore finance and the shadow banking system untouched.
Reposted by Joscha Wullweber
🚨 New Working Paper published:
Out of the light, into the dark: how ‘shadow carbon financing’ hampers the green transition and increases climate-related systemic risk
🛢️💸🏝️
papers.ssrn.com/sol3/papers....
A 🧵 with our main arguments:
Out of the light, into the dark: how ‘shadow carbon financing’ hampers the green transition and increases climate-related systemic risk
🛢️💸🏝️
papers.ssrn.com/sol3/papers....
A 🧵 with our main arguments:
April 1, 2025 at 10:34 AM
🚨 New Working Paper published:
Out of the light, into the dark: how ‘shadow carbon financing’ hampers the green transition and increases climate-related systemic risk
🛢️💸🏝️
papers.ssrn.com/sol3/papers....
A 🧵 with our main arguments:
Out of the light, into the dark: how ‘shadow carbon financing’ hampers the green transition and increases climate-related systemic risk
🛢️💸🏝️
papers.ssrn.com/sol3/papers....
A 🧵 with our main arguments:
Reposted by Joscha Wullweber
Towards a Green International Monetary System: The Ecor and a Green World Central Bank
Nicolás Águila, @paulahaufe.bsky.social & @jwullweber.bsky.social argue for the Ecor, a new monetary tool that could break the current impasse surrounding climate transition financing.
isrf.org/blog/towards...
Nicolás Águila, @paulahaufe.bsky.social & @jwullweber.bsky.social argue for the Ecor, a new monetary tool that could break the current impasse surrounding climate transition financing.
isrf.org/blog/towards...
Towards a Green International Monetary System
In this contribution to Bulletin 32, Nicolás Águila, Paula Haufe and Joscha Wullweber argue for the Ecor, a new international monetary tool, based on Keynes's Bancor, that could break the current impa...
isrf.org
March 5, 2025 at 4:11 PM
Towards a Green International Monetary System: The Ecor and a Green World Central Bank
Nicolás Águila, @paulahaufe.bsky.social & @jwullweber.bsky.social argue for the Ecor, a new monetary tool that could break the current impasse surrounding climate transition financing.
isrf.org/blog/towards...
Nicolás Águila, @paulahaufe.bsky.social & @jwullweber.bsky.social argue for the Ecor, a new monetary tool that could break the current impasse surrounding climate transition financing.
isrf.org/blog/towards...
Reposted by Joscha Wullweber
How can we finance a globally just sustainable transformation? In this piece with @naguila.bsky.social, @jwullweber.bsky.social we explore the need to reform the international monetary system for that purpose. Big thank you to @isrfoundation.bsky.social for publishing it and amazing editorial work👇
Towards a Green International Monetary System
Nicolás Águila, @paulahaufe.bsky.social and @jwullweber.bsky.social argue for the Ecor, a new international monetary tool, based on Keynes's Bancor, that could break the current impasse surrounding climate transition financing.
isrf.org/blog/towards...
Nicolás Águila, @paulahaufe.bsky.social and @jwullweber.bsky.social argue for the Ecor, a new international monetary tool, based on Keynes's Bancor, that could break the current impasse surrounding climate transition financing.
isrf.org/blog/towards...
Towards a Green International Monetary System
In this contribution to Bulletin 32, Nicolás Águila, Paula Haufe and Joscha Wullweber argue for the Ecor, a new international monetary tool, based on Keynes's Bancor, that could break the current impa...
isrf.org
February 27, 2025 at 1:02 PM
How can we finance a globally just sustainable transformation? In this piece with @naguila.bsky.social, @jwullweber.bsky.social we explore the need to reform the international monetary system for that purpose. Big thank you to @isrfoundation.bsky.social for publishing it and amazing editorial work👇
Reposted by Joscha Wullweber
Towards a Green International Monetary System
Nicolás Águila, @paulahaufe.bsky.social and @jwullweber.bsky.social argue for the Ecor, a new international monetary tool, based on Keynes's Bancor, that could break the current impasse surrounding climate transition financing.
isrf.org/blog/towards...
Nicolás Águila, @paulahaufe.bsky.social and @jwullweber.bsky.social argue for the Ecor, a new international monetary tool, based on Keynes's Bancor, that could break the current impasse surrounding climate transition financing.
isrf.org/blog/towards...
Towards a Green International Monetary System
In this contribution to Bulletin 32, Nicolás Águila, Paula Haufe and Joscha Wullweber argue for the Ecor, a new international monetary tool, based on Keynes's Bancor, that could break the current impa...
isrf.org
February 27, 2025 at 12:38 PM
Towards a Green International Monetary System
Nicolás Águila, @paulahaufe.bsky.social and @jwullweber.bsky.social argue for the Ecor, a new international monetary tool, based on Keynes's Bancor, that could break the current impasse surrounding climate transition financing.
isrf.org/blog/towards...
Nicolás Águila, @paulahaufe.bsky.social and @jwullweber.bsky.social argue for the Ecor, a new international monetary tool, based on Keynes's Bancor, that could break the current impasse surrounding climate transition financing.
isrf.org/blog/towards...
Reposted by Joscha Wullweber
📢 Now Published in Issue! 📢
Our article on what politicians think about the ECB is now out in @jcms-eu.bsky.social
We surveyed Members of the European Parliament to uncover their views on the ECB
👉 Available at onlinelibrary.wiley.com/doi/10.1111/...
And a short thread here -->
Our article on what politicians think about the ECB is now out in @jcms-eu.bsky.social
We surveyed Members of the European Parliament to uncover their views on the ECB
👉 Available at onlinelibrary.wiley.com/doi/10.1111/...
And a short thread here -->
What Do Politicians Think of Technocratic Institutions? Attitudes in the European Parliament Towards the European Central Bank
Technocracy has come to be increasingly regarded as a threat to representative democracy. Significant attention has thus been recently devoted to exploring public preferences towards technocratic ins....
onlinelibrary.wiley.com
February 17, 2025 at 10:52 AM
📢 Now Published in Issue! 📢
Our article on what politicians think about the ECB is now out in @jcms-eu.bsky.social
We surveyed Members of the European Parliament to uncover their views on the ECB
👉 Available at onlinelibrary.wiley.com/doi/10.1111/...
And a short thread here -->
Our article on what politicians think about the ECB is now out in @jcms-eu.bsky.social
We surveyed Members of the European Parliament to uncover their views on the ECB
👉 Available at onlinelibrary.wiley.com/doi/10.1111/...
And a short thread here -->
Reposted by Joscha Wullweber
This paper is both enlightening and rigorous. I really enjoyed its high level discussion of the infrastructure of power and agency in a world in which private authority over money trumps public authority.
As the Trusk regime is wrecking the state apparatus that brought us the IRA, it's more urgent than ever to understand the politics of green macrofinancial regimes.
Here's a 🧵 on the result of @danielagabor.bsky.social and I wrecking our brains for four years.
www.tandfonline.com/doi/full/10....
Here's a 🧵 on the result of @danielagabor.bsky.social and I wrecking our brains for four years.
www.tandfonline.com/doi/full/10....
February 12, 2025 at 2:43 PM
This paper is both enlightening and rigorous. I really enjoyed its high level discussion of the infrastructure of power and agency in a world in which private authority over money trumps public authority.