"Now is the time to get to work, to make Europe greener, more digital, and more resilient." That is the slogan of the package of measures to rebuild Europe after the COVID-19 pandemic. Among other specific objectives, Next Generation EU funds activities and projects against climate change (30% of EU funds), biodiversity protection, and energy transition. These are issues promoted already since 2016 in the 2030 Agenda and which the epidemiological emergency has underscored. While we observe the expansion of public resources for the environment and sustainability, a regulatory process to increase the financial sector's contribution to sustainability is already underway since 2018. Despite the current geopolitical problems and the controversies linked to the last delegated act on green taxonomy, observing the European regulation process of Sustainable Finance is useful to deepen the role of experts in public regulation processes. Specifically, I will analyze the Platform for Sustainable Finance an advisory body composed of experts from the public and private sectors. The experts included in the Platform will be identified and typed. Next, I will analyze through an interpretive approach some documents produced by them. The hypothesis is that sustainable finance regulation is a "window of opportunity" (Kingdon 1984) in which technique neutrality is adopted to legitimize norms, values, and algorithms not uniquely aligned with sustainability.
It is now time to get to work: experts and UE regulation of sustainable finance / Nupieri, Tiziana. - (2022). (Intervento presentato al convegno Midterm Conference ESA Political Sociology 2022: Across and Beyond Covid-19. The future of European political sociology tenutosi a Lausanne; Switzerland).
It is now time to get to work: experts and UE regulation of sustainable finance
Tiziana Nupieri
2022
Abstract
"Now is the time to get to work, to make Europe greener, more digital, and more resilient." That is the slogan of the package of measures to rebuild Europe after the COVID-19 pandemic. Among other specific objectives, Next Generation EU funds activities and projects against climate change (30% of EU funds), biodiversity protection, and energy transition. These are issues promoted already since 2016 in the 2030 Agenda and which the epidemiological emergency has underscored. While we observe the expansion of public resources for the environment and sustainability, a regulatory process to increase the financial sector's contribution to sustainability is already underway since 2018. Despite the current geopolitical problems and the controversies linked to the last delegated act on green taxonomy, observing the European regulation process of Sustainable Finance is useful to deepen the role of experts in public regulation processes. Specifically, I will analyze the Platform for Sustainable Finance an advisory body composed of experts from the public and private sectors. The experts included in the Platform will be identified and typed. Next, I will analyze through an interpretive approach some documents produced by them. The hypothesis is that sustainable finance regulation is a "window of opportunity" (Kingdon 1984) in which technique neutrality is adopted to legitimize norms, values, and algorithms not uniquely aligned with sustainability.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.