A polyarylene ether copolymer comprising i) at least one block comprising in polymerized form A) isosorbide, isomannide, isoidide or a mixture thereof and B) at least one unit comprising at least one difunctional compound comprising at least one dichlorodiaryl sulfone, a dichlorodiaryl ketone or a mixture thereof and ii) at least one block comprising in polymerized form C) at least one polyalkylene oxide, a process for its preparation and its use in the preparation of coatings, films, fibers, foams, membranes or molded articles.