What are the consequences of climate investments in cities of the Global South? In a new podcast episode of "Urban Political" Hanna Hilbrandt talks about the Green Municipal Bonds issued by Mexico City in 2016.
Can novel financial instruments such as green municipal bonds be catalysts for sustainable urban development? Which standards have to be set for this? Using Mexico City as an example, Hanna Hilbrandt provides critical insights into these processes and possible policy lessons.
Hilbrandt, H., & Grubbauer, M. (2020). Standards and SSOs in the contested widening and deepening of financial markets: The arrival of Green Municipal Bonds in Mexico City. Environment and Planning A: Economy and Space.