CORDIS Project
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The Civic Finance project aims to create a legal framework that addresses the financial system's role in supporting high carbon emissions, particularly in the fossil fuel sector. It combines legal theory with empirical data to propose effective legal interventions for sustainability.
Time is running out for humanity to reduce carbon dioxide (CO2) emissions in order to avoid catastrophic climate change yet the financial system continues to enable unsustainable levels of CO2 emissions in many carbon-intensive sectors, including the fossil fuel industry.
Law can help govern this problem but effective legal interventions need to take into account the complexity of the financial system.
The overarching objective of the Civic Finance project is to develop a complexity-informed the…
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