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Barcelona Reports

Barcelona 3: Resilience of the Financial System to Natural Disasters

The Covid-19 pandemic has exposed severe vulnerabilities in the global financial system, and serves as a cautionary tale for the potentially devastating effects that future natural disasters and climate change could cause to the world economy. The third report in The Future of Banking series tests precisely how resilient the financial system is to natural disasters and discusses what can be done to make it more resilient.

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Bolton, P, M Kacperczyk, H Hong and X Vives (eds) (2021), ‘Barcelona 3: Resilience of the Financial System to Natural Disasters‘, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/barcelona-3-resilience-financial-system-natural-disasters

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Hernández de Cos, P (2021), ‘The role of central banks and banking supervisors in climate action‘, in Bolton, P, M Kacperczyk, H Hong and X Vives (eds), Barcelona 3: Resilience of the Financial System to Natural Disasters, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/barcelona-3-resilience-financial-system-natural-disasters

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Bolton, P, M Kacperczyk, H Hong and X Vives (2021), ‘Resilience of the Financial System to Natural Disasters: Introduction‘, in Bolton, P, M Kacperczyk, H Hong and X Vives (eds), Barcelona 3: Resilience of the Financial System to Natural Disasters, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/barcelona-3-resilience-financial-system-natural-disasters

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Bolton, P, M Kacperczyk, H Hong and X Vives (2021), ‘Green swans and risk management‘, in Bolton, P, M Kacperczyk, H Hong and X Vives (eds), Barcelona 3: Resilience of the Financial System to Natural Disasters, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/barcelona-3-resilience-financial-system-natural-disasters

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Bolton, P, M Kacperczyk, H Hong and X Vives (2021), ‘Natural disasters, climate change and central banks‘, in Bolton, P, M Kacperczyk, H Hong and X Vives (eds), Barcelona 3: Resilience of the Financial System to Natural Disasters, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/barcelona-3-resilience-financial-system-natural-disasters

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Bolton, P, M Kacperczyk, H Hong and X Vives (2021), ‘Asset managers' response to natural disasters‘, in Bolton, P, M Kacperczyk, H Hong and X Vives (eds), Barcelona 3: Resilience of the Financial System to Natural Disasters, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/barcelona-3-resilience-financial-system-natural-disasters

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Bolton, P, M Kacperczyk, H Hong and X Vives (2021), ‘Mitigating disaster risks to the financial system‘, in Bolton, P, M Kacperczyk, H Hong and X Vives (eds), Barcelona 3: Resilience of the Financial System to Natural Disasters, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/barcelona-3-resilience-financial-system-natural-disasters

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Bolton, P, M Kacperczyk, H Hong and X Vives (2021), ‘Natural disasters, climate change and central banks: Introduction‘, in Bolton, P, M Kacperczyk, H Hong and X Vives (eds), Barcelona 3: Resilience of the Financial System to Natural Disasters, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/barcelona-3-resilience-financial-system-natural-disasters

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Bolton, P, M Kacperczyk, H Hong and X Vives (2021), ‘Including climate change in central bank mandates‘, in Bolton, P, M Kacperczyk, H Hong and X Vives (eds), Barcelona 3: Resilience of the Financial System to Natural Disasters, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/barcelona-3-resilience-financial-system-natural-disasters

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Bolton, P, M Kacperczyk, H Hong and X Vives (2021), ‘Understanding climate change risks‘, in Bolton, P, M Kacperczyk, H Hong and X Vives (eds), Barcelona 3: Resilience of the Financial System to Natural Disasters, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/barcelona-3-resilience-financial-system-natural-disasters

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Bolton, P, M Kacperczyk, H Hong and X Vives (2021), ‘Central bank climate policies in the context of net-zero commitments‘, in Bolton, P, M Kacperczyk, H Hong and X Vives (eds), Barcelona 3: Resilience of the Financial System to Natural Disasters, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/barcelona-3-resilience-financial-system-natural-disasters

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Bolton, P, M Kacperczyk, H Hong and X Vives (2021), ‘Natural disasters, climate change and central banks: Conclusion‘, in Bolton, P, M Kacperczyk, H Hong and X Vives (eds), Barcelona 3: Resilience of the Financial System to Natural Disasters, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/barcelona-3-resilience-financial-system-natural-disasters

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Bolton, P, M Kacperczyk, H Hong and X Vives (2021), ‘Asset managers' response to natural disasters: Introduction‘, in Bolton, P, M Kacperczyk, H Hong and X Vives (eds), Barcelona 3: Resilience of the Financial System to Natural Disasters, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/barcelona-3-resilience-financial-system-natural-disasters

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Bolton, P, M Kacperczyk, H Hong and X Vives (2021), ‘The asset management paradigm‘, in Bolton, P, M Kacperczyk, H Hong and X Vives (eds), Barcelona 3: Resilience of the Financial System to Natural Disasters, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/barcelona-3-resilience-financial-system-natural-disasters

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Bolton, P, M Kacperczyk, H Hong and X Vives (2021), ‘Asset managers' response to natural disasters: Conclusion‘, in Bolton, P, M Kacperczyk, H Hong and X Vives (eds), Barcelona 3: Resilience of the Financial System to Natural Disasters, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/barcelona-3-resilience-financial-system-natural-disasters

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Bolton, P, M Kacperczyk, H Hong and X Vives (2021), ‘Building resilience to climate change and natural disasters‘, in Bolton, P, M Kacperczyk, H Hong and X Vives (eds), Barcelona 3: Resilience of the Financial System to Natural Disasters, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/barcelona-3-resilience-financial-system-natural-disasters

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Bolton, P, M Kacperczyk, H Hong and X Vives (2021), ‘Mitigation of climate change and natural disasters‘, in Bolton, P, M Kacperczyk, H Hong and X Vives (eds), Barcelona 3: Resilience of the Financial System to Natural Disasters, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/barcelona-3-resilience-financial-system-natural-disasters

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Bolton, P, M Kacperczyk, H Hong and X Vives (2021), ‘Implications for efficiency and welfare‘, in Bolton, P, M Kacperczyk, H Hong and X Vives (eds), Barcelona 3: Resilience of the Financial System to Natural Disasters, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/barcelona-3-resilience-financial-system-natural-disasters

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Bolton, P, M Kacperczyk, H Hong and X Vives (2021), ‘Mitigating disaster risks to the financial system: Introduction‘, in Bolton, P, M Kacperczyk, H Hong and X Vives (eds), Barcelona 3: Resilience of the Financial System to Natural Disasters, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/barcelona-3-resilience-financial-system-natural-disasters

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Bolton, P, M Kacperczyk, H Hong and X Vives (2021), ‘Mitigation Cover-19 risks to the stock market‘, in Bolton, P, M Kacperczyk, H Hong and X Vives (eds), Barcelona 3: Resilience of the Financial System to Natural Disasters, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/barcelona-3-resilience-financial-system-natural-disasters

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Bolton, P, M Kacperczyk, H Hong and X Vives (2021), ‘Decarbonisation and climate disasters‘, in Bolton, P, M Kacperczyk, H Hong and X Vives (eds), Barcelona 3: Resilience of the Financial System to Natural Disasters, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/barcelona-3-resilience-financial-system-natural-disasters

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Bolton, P, M Kacperczyk, H Hong and X Vives (2021), ‘Sustainable finance commitments needed to achieve net zero‘, in Bolton, P, M Kacperczyk, H Hong and X Vives (eds), Barcelona 3: Resilience of the Financial System to Natural Disasters, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/barcelona-3-resilience-financial-system-natural-disasters

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Bolton, P, M Kacperczyk, H Hong and X Vives (2021), ‘Conclusion and policy implications‘, in Bolton, P, M Kacperczyk, H Hong and X Vives (eds), Barcelona 3: Resilience of the Financial System to Natural Disasters, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/barcelona-3-resilience-financial-system-natural-disasters

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Bolton, P, M Kacperczyk, H Hong and X Vives (2021), ‘Resilience of the Financial System to Natural Disasters: Discussions‘, in Bolton, P, M Kacperczyk, H Hong and X Vives (eds), Barcelona 3: Resilience of the Financial System to Natural Disasters, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/barcelona-3-resilience-financial-system-natural-disasters

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