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Mathias Larsen

@mathiaslarsen.bsky.social
359 followers 291 following 42 posts

Senior Policy Fellow at LSE's Grantham Research Institute. I work on the political economy of financing a green transition in China and other global South countries

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Mathias Larsen @mathiaslarsen.bsky.social · 01/10/2026
Looking forward to co-teaching a new LSE Master’s course with Donato Di Carlo @donatodc.bsky.social: (EU4B5) 𝗧𝗵𝗲 𝗣𝗼𝗹𝗶𝘁𝗶𝗰𝗮𝗹 𝗘𝗰𝗼𝗻𝗼𝗺𝘆 𝗼𝗳 𝗘𝘂𝗿𝗼𝗽𝗲 𝗮𝗻𝗱 𝗖𝗵𝗶𝗻𝗮 𝗶𝗻 𝘁𝗵𝗲 𝗡𝗲𝘄 𝗠𝘂𝗹𝘁𝗶𝗽𝗼𝗹𝗮𝗿 𝗪𝗼𝗿𝗹𝗱 𝗢𝗿𝗱𝗲𝗿. @granthamlse.bsky.social @lse-ei.bsky.social @gsos-lse.bsky.social
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Mathias Larsen @mathiaslarsen.bsky.social · 21/09/2026
New article out, with @james7jackson.bsky.social in Environmental Politics (@environmentalpol.bsky.social): "The political economy of China’s electric vehicle transition: eco-authoritarianism and policy durability" doi.org/10.1080/0964...
doi.org
The political economy of China’s electric vehicle transition: eco-authoritarianism and policy durability
There is an ongoing debate amongst scholars as to whether democratic or authoritarian political systems are more effective in achieving climate policy outcomes. In this article, we follow the latte...
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Mathias Larsen @mathiaslarsen.bsky.social · 16/09/2026
New article out, co-authored with @james7jackson.bsky.social in @the-breakdown.bsky.social: "The Inconvenient Case of China: When it comes to the green transition, China poses an inconvenient but important challenge to liberal democracies." www.break-down.org/the-inconven...
break-down.org
The Inconvenient Case of China
When it comes to the green transition, China poses an inconvenient but important challenge to liberal democracies.
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Mathias Larsen @mathiaslarsen.bsky.social · 07/09/2026
Just signed a contract with Cambridge University Press @universitypress.cambridge.org for my forthcoming book: “An End to Ultimatums: Why the Global South Can (and Will) Finance Its Own Green Transition” At academic lightning speed, it will be out in about one year.
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Mathias Larsen @mathiaslarsen.bsky.social · 31/08/2026
New opinion article in @thewirechina.bsky.social with @james7jackson.bsky.social: "The New Climate Paradox, Imported From China: The emergence of unparalleled amounts of green technology is causing widespread regression on climate policies." www.thewirechina.com/2026/08/30/t...
thewirechina.com
The New Climate Paradox, Imported From China - The Wire China
The emergence of unparalleled amounts of green technology is causing widespread regression on policies designed to combat climate change.
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Mathias Larsen @mathiaslarsen.bsky.social · 24/08/2026
Pleased to see the SCMP @scmpnews.bsky.social publish an article based on my recent report with @james7jackson.bsky.social : "China’s green dominance a ‘fundamental dilemma’ for Western governments, report says" www.scmp.com/economy/arti...
scmp.com
China’s green dominance a ‘dilemma’ for world’s governments: report
World needs cheap green technologies to decarbonise, and efforts to reduce reliance on China risk slowing the transition, researchers say.
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Mathias Larsen @mathiaslarsen.bsky.social · 20/08/2026
New policy report out with @james7jackson.bsky.social by @manchester.ac.uk and @gsos-lse.bsky.social: 'Subsidising global decarbonisation: China-UK relations.' We argue that the UK must cooperate with Chinese clean tech companies rather than simply import goods or insist on direct competition.
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Mathias Larsen @mathiaslarsen.bsky.social · 15/08/2026
Pleased to be cited in @theguardian.com Editorial on what the state's role should be in India's green growth: "The Guardian view on India’s green growth gamble: it will need more than private finance" www.theguardian.com/commentisfre...
theguardian.com
The Guardian view on India’s green growth gamble: it will need more than private finance | Editorial
Editorial: The world’s most populous country needs state-generated demand to industrialise, decarbonise and avoid China’s overcapacity trap
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Reposted by Mathias Larsen
LSE Blogs @lseblogs.bsky.social · 27/06/2026
How is the war in Iran changing China’s decarbonisation path? China relies heavily on fossil fuels, but the security & supply chain risks, & the cost, of relying on imports will encourage China to invest more in renewables writes @mathiaslarsen.bsky.social @gsos-lse.bsky.social @lsebr.bsky.social
blogs.lse.ac.uk
How the war in Iran changes China’s decarbonisation path - LSE Business Review
As happened in the 2000s, the security implications of relying on expensive imports through geopolitical bottlenecks will encourage China to invest in renewables.
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Mathias Larsen @mathiaslarsen.bsky.social · 25/06/2026
New commentary out in @lsebr.bsky.social: "How the war in Iran changes China’s decarbonisation path" In summary, we get slower near-term emissions reductions but faster medium-and long-term reductions - simply because coal can be scaled up fast, even though renewables are cheaper
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Mathias Larsen @mathiaslarsen.bsky.social · 15/06/2026
Pleased to be cited in @nytimes.com about the motives behind China's development of clean technologies and their role in reducing oil consumption: “The key reason China has developed renewable energy is not for the sake of the climate, it’s for energy security,” www.nytimes.com/2026/06/15/b...
nytimes.com
How China Can Move the Price of Oil Even by Not Buying
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Mathias Larsen @mathiaslarsen.bsky.social · 12/06/2026
New working paper out in LSE @granthamlse.bsky.social's working paper series, co-authored with @cornelban.bsky.social and @jhasselbalch.bsky.social: "Green economic planning as ‘directed entanglement’" www.lse.ac.uk/granthaminst...
lse.ac.uk
Green economic planning as ‘directed entanglement’ - Grantham Research Institute on climate change and the environment
In this paper, the authors propose green economic planning as a framework for states to set ambitious climate plans.
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Mathias Larsen @mathiaslarsen.bsky.social · 02/06/2026
New article out in @socioeconreview.bsky.social with @danieldrisc.com: "The states–markets–decarbonization nexus: reviewing an emerging political economy agenda" doi.org/10.1093/ser/...
doi.org
The states–markets–decarbonization nexus: reviewing an emerging political economy agenda
Abstract. The problem of climate change further confounds the already complex relationship between states and markets in modern capitalism. In this state o
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Mathias Larsen @mathiaslarsen.bsky.social · 30/04/2026
New article out in @ripejournal.bsky.social with @james7jackson.bsky.social"The political economy of China’s green transition." To support non-China specialists working on climate change, we provide a structured approach to understanding China's green transition: www.tandfonline.com/doi/full/10....
tandfonline.com
The political economy of China’s green transition
As China increasingly leads the world in green industries, the country is a critical case for the debate on climate change in political economy. While climate change is now less of a blind spot tha...
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Mathias Larsen @mathiaslarsen.bsky.social · 18/03/2026
New commentary article out, published by @gsos-lse.bsky.social @granthamlse.bsky.social I argue that while China has reduced its climate ambitions in its new five-year plan (which is indeed disappointing), this does not mean the country has given up on a green transition.
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Mathias Larsen @mathiaslarsen.bsky.social · 16/03/2026
New op-ed out in the Danish media oulet Børsen: "Selling off the state-owned company Ørsted will weaken Danish energy security." Co-authored with @jhasselbalch.bsky.social, @rosiecollington.bsky.social, @voldsgaard.bsky.social, and Søren Lund Frandsen borsen.dk/nyheder/opin...
borsen.dk
“Et frasalg af Ørsted vil svække Danmarks energisikkerhed”
“Et frasalg af Ørsted vil svække Danmarks energisikkerhed”Konservative, Liberal Alliance, Dansk Folkeparti og Danmarksdemokraterne har for nylig markeret sig i valgkampen med et fælles udspil om at fr
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Mathias Larsen @mathiaslarsen.bsky.social · 14/03/2026
Pleased to be quoted in today's @nytimes.com, supporting their reporting on the Iran war with a China angle: “China’s push for renewable energy is not motivated by the environment but by the need for energy security and also as a driver of growth.” www.nytimes.com/2026/03/14/b...
nytimes.com
China’s Edge in an Oil Shock: Electric Cars and Renewables
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Mathias Larsen @mathiaslarsen.bsky.social · 09/03/2026
New article out in Climate Policy with @james7jackson.bsky.social: "Subsidizing global decarbonization: how Chinese state support for clean technologies enables and (potentially) obstructs a worldwide green transition." www.tandfonline.com/doi/full/10....
tandfonline.com
Subsidizing global decarbonization: how Chinese state support for clean technologies enables and (potentially) obstructs a worldwide green transition
Over the last decade, green technologies have been deployed at record-breaking speeds across the world. No actor has been more important to this process than China, which now dominates what is cons...
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Mathias Larsen @mathiaslarsen.bsky.social · 27/02/2026
5 postdocs just advertised: Come work with us at the LSE Global School of Sustainability @gsos-lse.bsky.social. With 150 people working full-time on the political economy of decarbonisation, you'd be joining the largest research community on the topic. jobs.lse.ac.uk/Vacancies/W/...
jobs.lse.ac.uk
GSOS LSE Fellow
GSOS LSE Fellow, , <p style="text-align: center;"><em><span>LSE is committed to building a diverse, equitable and truly inclusive university</span></em></p> <p style="text-align: center;"><strong><spa...
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Mathias Larsen @mathiaslarsen.bsky.social · 24/02/2026
Applications are open for the Finance & Democracy Summer Workshop! Looking forward to teaching the session on 'Finance and the Chinese State'
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Mathias Larsen @mathiaslarsen.bsky.social · 06/02/2026
New article out in Politics & Society with @danieldrisc.com and @maxkiefel.bsky.social : "Internationalizing Industrial Policy: How China and the United States Use State Capacity to Secure Critical Minerals for Electric Vehicles" journals.sagepub.com/doi/10.1177/...
journals.sagepub.com
Sage Journals: Discover world-class research
Subscription and open access journals from Sage, the world's leading independent academic publisher.
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Mathias Larsen @mathiaslarsen.bsky.social · 03/02/2026
New op-ed out in @prospectmagazine.co.uk with @jhasselbalch.bsky.social: "Green growth versus degrowth is a false choice: The growth split in the climate movement only benefits the far right" www.prospectmagazine.co.uk/ideas/econom...
prospectmagazine.co.uk
Green growth versus degrowth is a false choice
The growth split in the climate movement only benefits the far right
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Reposted by Mathias Larsen
James Jackson @james7jackson.bsky.social · 14/01/2026
New commentary piece out in @greencb.bsky.social with @mathiaslarsen.bsky.social in which we discus central bank independence, green monetary policy and the People’s Bank of China (PBoC) - greencentralbanking.com/2026/01/13/c...
greencentralbanking.com
China shows monetary independence may hinder net zero progress
Government direction has spurred PBoC to adopt green monetary policy measures, argue economists Mathias Larsen and James Jackson.
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Mathias Larsen @mathiaslarsen.bsky.social · 11/12/2025
New op-ed out in LSE Business Review @lsebr.bsky.social:
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Reposted by Mathias Larsen
BISA - British International Studies Association @mybisa.bsky.social · 22/11/2025
'Two decades of analysing the state in the green transition: Where are we now?' Mathias Larsen, James Jackson & Environment and Climate Politics Working Group "suggesting that the debate surrounding the conceptus of the state has become overly conflated." 🌳 Full article 👉 ow.ly/JYmB50XvChB
Ground up shot of 2 apartment blocks with trees coming off the balconies and a blue cloudy sky.
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Mathias Larsen @mathiaslarsen.bsky.social · 15/11/2025
Great to see our data used by the @iea.org in their new World Energy Outlook. The outlook uses our data to show the massive increase in Chinese outward investments in clean tech manufacturing.
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Mathias Larsen @mathiaslarsen.bsky.social · 11/11/2025
Pleased to have my research featured in @nytimes.com reporting on China's role in a global green transition www.nytimes.com/2025/11/10/c...
nytimes.com
A Flood of Green Tech From China Is Upending Global Climate Politics
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Mathias Larsen @mathiaslarsen.bsky.social · 07/11/2025
New paper out with @james7jackson.bsky.social in the working paper series of @granthamlse.bsky.social: 'Revisiting central bank independence for the climate era: insights from the People’s Bank of China' www.lse.ac.uk/granthaminst...
lse.ac.uk
Revisiting central bank independence for the climate era: insights from the People’s Bank of China - Grantham Research Institute on climate change and the environment
This paper explores the relationship between independence and climate action through an in-depth study of the PBoC, comparing it with Western central banks.
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Mathias Larsen @mathiaslarsen.bsky.social · 10/10/2025
New article out in @lsebr.bsky.social:
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Mathias Larsen @mathiaslarsen.bsky.social · 08/10/2025
New article out in Ecological Economics with @jhasselbalch.bsky.social: 'Reimagining growth futures: Overcoming the false binary between green growth and degrowth' www.sciencedirect.com/science/arti...
sciencedirect.com
Reimagining growth futures: Overcoming the false binary between green growth and degrowth
When imagining how a green transition can take place, the relationship between economic growth and environmental sustainability is commonly viewed in …
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Reposted by Mathias Larsen
Phenomenal World @phenomenalworld.bsky.social · 20/09/2025
“Chinese overseas FDI is nearing $100 billion per year. The Marshall Plan was $200b—and locked Europe into US tech and standards. When we see sums of this size, we can ask whether it will have a similar effect on the globe.” NEW: @70sbachchan.bsky.social & @mathiaslarsen.bsky.social on the BRI 2.0
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Mathias Larsen @mathiaslarsen.bsky.social · 17/09/2025
I’m excited to have started a job at the LSE as a Senior Policy Fellow, leading the China work at the Grantham Research Institute on Climate Change & the Environment @granthamlse.bsky.social
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Mathias Larsen @mathiaslarsen.bsky.social · 15/09/2025
New op-ed published in @carnegieendowment.org's China blog, edited by @michaelpettis.bsky.social: “How China’s Growth Model Determines Its Climate Performance: Rather than climate ambitions, compatibility with investment and exports is why China supports both green and high-emission technologies.”
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Mathias Larsen @mathiaslarsen.bsky.social · 15/09/2025
New op-ed out in the @carnegieendowment.org's China-blog edited by @michaelpettis.bsky.social: “How China’s Growth Model Determines Its Climate Performance" carnegieendowment.org/posts/2025/0...
carnegieendowment.org
How China’s Growth Model Determines Its Climate Performance
Rather than climate ambitions, compatibility with investment and exports is why China supports both green and high-emission technologies.
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Mathias Larsen @mathiaslarsen.bsky.social · 10/09/2025
New policy report just published with groundbreaking data showing that China's new global role in the green transition is investing in manufacturing, not financing infrastructure: "China’s Green Leap Outward" www.netzeropolicylab.com/china-green-...
netzeropolicylab.com
China Green Leap Outward — Net Zero Industrial Policy Lab
A new China Low Carbon Technology FDI Database
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Mathias Larsen @mathiaslarsen.bsky.social · 03/09/2025
New article with @james7jackson.bsky.social out in Competition & Change: The green versus environmental state: Reviewing two decades of conceptualizing state-led approaches journals.sagepub.com/doi/10.1177/...
journals.sagepub.com
Sage Journals: Discover world-class research
Subscription and open access journals from Sage, the world's leading independent academic publisher.
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Mathias Larsen @mathiaslarsen.bsky.social · 24/08/2025
New op-ed out in The Diplomat @thediplomat.com: 'China’s Political System Makes Consumption-led Growth Impossible: Beijing’s prioritization of political security necessitates a reliance on investment and exports – not consumption – to power the economy.' thediplomat.com/2025/08/chin...
thediplomat.com
China’s Political System Makes Consumption-led Growth Impossible
Beijing’s prioritization of political security necessitates a reliance on investment and exports – not consumption – to power the economy.
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Mathias Larsen @mathiaslarsen.bsky.social · 01/08/2025
New article out in World Development: 'Green industrial policy under financial constraints: Insights from India’s state-led decarbonization' www.sciencedirect.com/science/arti...
sciencedirect.com
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’…
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Mathias Larsen @mathiaslarsen.bsky.social · 15/07/2025
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...
doi.org
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...
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Mathias Larsen @mathiaslarsen.bsky.social · 30/06/2025
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...
environmental-finance.com
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>
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Mathias Larsen @mathiaslarsen.bsky.social · 05/06/2025
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/...
doi.org
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
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Mathias Larsen @mathiaslarsen.bsky.social · 01/06/2025
‪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....
tandfonline.com
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...
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Reposted by Mathias Larsen
Christian Elliott @christianelliott.bsky.social · 26/05/2025
Really nice discussion of how US monetary policy affects decarbonization in emerging economies, from @danieldrisc.com www.cambridge.org/core/journal...
cambridge.org
The US dollar and decarbonization: Exploring constraints | Finance and Society | Cambridge Core
The US dollar and decarbonization: Exploring constraints
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Mathias Larsen @mathiaslarsen.bsky.social · 02/05/2025
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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Mathias Larsen @mathiaslarsen.bsky.social · 22/03/2025
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/...
journals.sagepub.com
Sage Journals: Discover world-class research
Subscription and open access journals from Sage, the world's leading independent academic publisher.
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Reposted by Mathias Larsen
Christian Elliott @christianelliott.bsky.social · 03/03/2025
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!
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