About
I’m an Assistant Professor of International Political Economy at the University of Bath and a Senior Researcher at the Global Climate Forum in Berlin. My research examines how states mobilise financial resources to pursue ambitious objectives—from war and reconstruction to energy transitions and climate action—particularly when these goals appear fiscally or politically unaffordable under conventional budget constraints.
Current Research
This historical work sits within a broader research agenda on the political economy of energy transitions, the evolution of monetary and financial systems, and the changing nature of state capacity. Together with colleagues at the Global Climate Forum, I investigate how states use off-balance-sheet fiscal agencies to reconfigure fiscal governance to finance large-scale transitions.
Recent work develops a macro‑financial perspective on the Green Transition across different monetary architectures. It analyses green macro‑financial governance in the Eurozone and the United States, examining how various actors in the monetary and fiscal ecosystems interact to finance climate goals and reshape financial regulation. In the United Kingdom, it investigates how a distinct green macro‑financial regime has emerged that centres on the securitisation of electricity system costs—using instruments such as Contracts‑for‑Difference and other arm’s‑length arrangements—to channel private capital into net‑zero infrastructure while restructuring who bears the risks and rewards of the Transition.
Featured Publications
Securitising System Costs: The United Kingdom's Arm's-Length Derisking Regime for the Green Transition
Examines Britain’s system of levies, contracts, and payment obligations through which electricity system costs are securitised to finance the green transition.
Read paper →Monetary Architecture and the Green Transition
Develops a framework for understanding how monetary architectures shape possibilities for financing the Green Transition.
Read paper →Green Macro-Financial Governance in the European Monetary Architecture
Analyses the capacity of Eurozone institutions to finance climate action through fiscal and monetary policy coordination.
Read paper →Earlier Research
My earlier research explored the so-called financialisation of social policy through outcome-based finance markets and social impact bonds, examining how social impact is conceived, measured, and accounted for when financial instruments are used to fund social services. This work on valuation processes, contract design, and the governance of public services through private financial markets informs my current focus on how states use private financial actors, instruments, and markets in governing grand challenges.
Background
I hold a PhD in International Political Economy from City, University of London, and was previously an ESRC Postdoctoral Fellow at the London School of Economics and a Research Officer on the QUAD project at LSE’s Centre for Analysis of Risk and Regulation. My research has been published in Competition and Change, Environment and Planning A, Journal of European Integration, New Political Economy, and other leading journals. I supervise doctoral research on climate finance, energy systems, and the geopolitics of finance.
Affiliations
