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Urban visions of global climate finance: Dispossessive mechanisms of futuring in the making of Groy


Hilbrandt, Hanna; Grafe, Fritz-Julius (2022). Urban visions of global climate finance: Dispossessive mechanisms of futuring in the making of Groy. International Journal of Urban and Regional Research, 46(5):896-905.

Abstract

Of late, the trope of the green, smart and climate-resilient city has dominated imaginations of urban futures across the globe. Less visible perhaps, but arguably of equal social impact, global climate finance (GCF) agendas have asserted themselves as the only imaginable pathway to do and undo such futures in effective ways. Based on a document
analysis of recent GCF reports, this contribution unpicks the mechanisms of ‘futuring’ advanced in this process of agenda setting, and sketches its inherent imaginaries of a model future city. We borrow from John Berger’s city of Troy and call this city Groy. Groy is a metaphor for green growth; it is the World Bank’s fantasy project: a techno-capitalist
vision of prosperity, the bank’s donor darling and its best practice case. In rendering this fantasy into a fictional city, we explore how future visions of urban GCF initiatives shape cities today to allow for a sustained critique of that future and, in consequence, a rethinking of present times. Our analysis builds on the work of futurists Ben Anderson and John Urry, and an emerging debate that seeks to postcolonialize climate finance, to demand thinking about definancialization beyond regulation as a sociopolitical process of opening up the future for other imaginations.

Abstract

Of late, the trope of the green, smart and climate-resilient city has dominated imaginations of urban futures across the globe. Less visible perhaps, but arguably of equal social impact, global climate finance (GCF) agendas have asserted themselves as the only imaginable pathway to do and undo such futures in effective ways. Based on a document
analysis of recent GCF reports, this contribution unpicks the mechanisms of ‘futuring’ advanced in this process of agenda setting, and sketches its inherent imaginaries of a model future city. We borrow from John Berger’s city of Troy and call this city Groy. Groy is a metaphor for green growth; it is the World Bank’s fantasy project: a techno-capitalist
vision of prosperity, the bank’s donor darling and its best practice case. In rendering this fantasy into a fictional city, we explore how future visions of urban GCF initiatives shape cities today to allow for a sustained critique of that future and, in consequence, a rethinking of present times. Our analysis builds on the work of futurists Ben Anderson and John Urry, and an emerging debate that seeks to postcolonialize climate finance, to demand thinking about definancialization beyond regulation as a sociopolitical process of opening up the future for other imaginations.

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Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:07 Faculty of Science > Institute of Geography
Dewey Decimal Classification:910 Geography & travel
Scopus Subject Areas:Social Sciences & Humanities > Development
Social Sciences & Humanities > Sociology and Political Science
Social Sciences & Humanities > Urban Studies
Uncontrolled Keywords:Urban Studies, Sociology and Political Science, Development
Language:English
Date:29 September 2022
Deposited On:14 Oct 2022 13:39
Last Modified:27 Apr 2024 01:40
Publisher:Wiley-Blackwell Publishing, Inc.
ISSN:0309-1317
OA Status:Green
Publisher DOI:https://doi.org/10.1111/1468-2427.13106
  • Content: Published Version
  • Language: English
  • Licence: Creative Commons: Attribution-NonCommercial 4.0 International (CC BY-NC 4.0)