Intermediating sustainable finance: a case study of The Aotearoa Circle's Sustainable Finance Forum

IF 2.2 4区管理学 Q2 PUBLIC ADMINISTRATION

Policy Studies Pub Date : 2023-01-02 DOI:10.1080/01442872.2022.2162032

D. Hall, Tong Meng

引用次数: 2

Abstract

ABSTRACT Sustainable Finance Roadmaps (SFRs) have emerged internationally as an instrument for sustainable finance reform. However, there is variation among countries over who leads the SFR process. This article focuses on Aotearoa New Zealand where the process was led by an intermediary, the Sustainable Finance Forum, a multistakeholder process which convened stakeholders for SFR development. This case study contributes to the literature on intermediaries in sustainability transitions by showing intermediation in the financial sector. Empirical analysis demonstrates that intermediation functioned as a strategic intervention to overcome regime-level barriers to transition by visioning, convening and coordinating stakeholders, and developing transition pathways, albeit with challenges in terms of Māori representation and government participation. This case study shows how intermediaries adapted to the distinctive demands of early transition phases, especially by a process of reproduction where one intermediary created another.

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中介可持续金融:以奥特罗亚圈可持续金融论坛为例

可持续金融路线图(SFRs)作为可持续金融改革的工具已在国际上兴起。然而，各国在由谁领导SFR进程的问题上存在差异。本文以新西兰奥特罗阿为例，该进程由中介机构可持续金融论坛牵头，这是一个多方利益相关者的进程，召集利益相关者参与可持续金融发展。本案例研究通过展示金融部门的中介，为可持续转型中的中介文献做出了贡献。实证分析表明，尽管在Māori代表和政府参与方面存在挑战，但中介作为一种战略干预手段，通过设想、召集和协调利益相关者以及发展过渡途径，克服了政权层面的过渡障碍。本案例研究展示了中介如何适应早期过渡阶段的独特需求，特别是通过一个中介创造另一个中介的再生产过程。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Policy Studies PUBLIC ADMINISTRATION-

CiteScore

5.40

自引率

4.50%

发文量

期刊介绍： These changes at the structural level of the global system have impacted upon the work of public organizations either directly or indirectly and have broadened the field of action in policy studies. It has five main areas of intellectual interest: 1.To broaden the lens of policy analysis through the publication of research which locates policy-making within a theoretical, historical or comparative perspective. 2.To widen the field of enquiry in policy analysis through the publication of research that examines policy issues in a British, comparative, international or global context. 3.To promote constructive debate on theoretical, methodological and empirical issues in policy analysis.