Simon Wolf describes how the growing awareness for the economic consequences of climate change and the economic opportunities of climate protection has led to changes in the rationality of governing climate change, from reducing emissions to building low-carbon economies. One crucial strategy for governments in orchestrating the transformation to cleaner economies is to enable low-carbon investment. The author therefore takes a critical look at how climate governance is reframed as an economic and investment challenge in recent years, and reveals some of the blind spots of focusing on the economic and investment opportunities related to climate protection.   Contents ·        Theory: Power/Knowledge ·        Economic rationality in climate governance ·        Making investments an object of government ·        Governing investment for climate protection ·        Markets, investment and the state   Target Groups ·        Researchers and students from the social sciences and environmental studies ·        Practicioners in the field of climate politics   The Author Dr. Simon Wolf works as Deparment Head Economy and Finance at Heinrich Böll Foundation in Berlin.