Mathias Larsen

Green industrial policy under financial constraints: Insights from India’s state-led decarbonization State financing in different forms is the core of green industrial policy. In spite of severe domestic and international financial constraints, India’…

New article out in World Development: 'Green industrial policy under financial constraints: Insights from India’s state-led decarbonization'

www.sciencedirect.com/science/arti...

The archetype of a ‘big green state’? What China tells us about green macrofinancial regimes Driven by the urgency of the climate crisis, political economists are debating how the state can best ensure financing for a green transition. Providing a conceptual scaffolding for discussing diff...

NEW ARTICLE out in Review of International Political Economy @ripejournal.bsky.social: The archetype of a ‘big green state’? What China tells us about green macrofinancial regimes

doi.org/10.1080/0969...

What other countries can learn from how China financed a green transformation China's green transformation has come about more from financing green than greening finance, write <strong>Calvin Quek</strong> and <strong>Mathias Larsen</strong>

In my latest op-ed just out in Environmental Finance, Calvin Quek and I asses what policy tools are most central in how China finances green industries. Taxonomies, disclosure, and green bonds get most attention but these are not that impactful.

www.environmental-finance.com/content/anal...

The pullback of Chinese overseas financing and its implications for a post-neoliberal global financial order Abstract. Over the past 15 years, Chinese overseas financing has reached a staggering $2 trillion. Differing from neoliberal principles, Chinese finance is

New article out in Socio-Economic Review @sasemeeting.bsky.social: 'The pullback of Chinese overseas financing and its implications for a post-neoliberal global financial order.'

doi.org/10.1093/ser/...

Green financial planning: a state-capital relationship meta-governed through the Paris agreement The political economy literature has witnessed a proliferation of ‘green’ interpretations of long-standing analytical subjects in recent years. This includes green industrial policy, green macrofin...

‪New article out in New Political Economy! My co-author,
@james7jackson.bsky.social, and I propose the concept of 'green financial planning' to capture how the Paris Agreement presents a state-capital relationship around planning.

www.tandfonline.com/doi/full/10....

I only got involved in the topic after reading your article.

Really nice discussion of how US monetary policy affects decarbonization in emerging economies, from @danieldrisc.com

www.cambridge.org/core/journal...

I'll be in Beijing all of May and June as a visiting scholar at Peking University's Carbon Neutrality Institute. Let me know if you're in town or if you know someone I should meet.

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NEW ARTICLE out in Capital & Class revisiting the debate on whether China is capitalist or socialist: ‘Reconsidering the ‘China model’ through structure and agency: The hybrid realities of Chinese capitalism and ‘socialism with Chinese characteristics’

journals.sagepub.com/doi/10.1177/...

We have another phenomenal panel on green finance tomorrow morning at #ISA2025! We're bringing the energy with papers on solar investment, state-owned investment banks, the Bridgetown Initiative, sovereign green bonds, and more!

8:15 am in the Mobley Room!