Bullettin n. 1/2011
June 2011
CONTENTS
  • Section A) The theory and practise of the federal states and multi-level systems of government
  • Section B) Global governance and international organizations
  • Section C) Regional integration processes
  • Section D) Federalism as a political idea
    • MacLeod Michael, Park Jacob
    Financial Activism and Global Climate Change: The Rise of Investor-Driven Governance Networks
    in Global Environmental Politics , Volume 11, Issue 2, May ,  2011 ,  54-74
    This article examines the nexus between financial activism and global environmental governance, analyzing the emergence of what we call “investor-driven governance networks” (IGNs). Our paper seeks to probe the significance of IGNs as a particular manifestation of responsible investor activism and more generally as a financial instrument of environmental governance and sustain-ability. We argue that IGNs, many of which are concerned with climate change governance, have become important actors in the global economy and deserve more analysis by scholars concerned with new forms of authority in global environmental politics. As an example of emerging transnational private governance, IGNs utilize the power of the financial sector to shape the discourse on climate change within the business community and to link the long-term viability of environmental sustainability to the core strategic interests of corporations and investors.
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