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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, H Hong, M Kacperczyk 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, H Hong, M Kacperczyk 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, H Hong, M Kacperczyk and X Vives (2021), ‘Resilience of the Financial System to Natural Disasters: Introduction‘, in Bolton, P, H Hong, M Kacperczyk 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, H Hong, M Kacperczyk and X Vives (2021), ‘Green swans and risk management‘, in Bolton, P, H Hong, M Kacperczyk 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, H Hong, M Kacperczyk and X Vives (2021), ‘Natural disasters, climate change and central banks‘, in Bolton, P, H Hong, M Kacperczyk 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, H Hong, M Kacperczyk and X Vives (2021), ‘Asset managers' response to natural disasters‘, in Bolton, P, H Hong, M Kacperczyk 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, H Hong, M Kacperczyk and X Vives (2021), ‘Mitigating disaster risks to the financial system‘, in Bolton, P, H Hong, M Kacperczyk 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, H Hong, M Kacperczyk and X Vives (2021), ‘Natural disasters, climate change and central banks: Introduction‘, in Bolton, P, H Hong, M Kacperczyk 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, H Hong, M Kacperczyk and X Vives (2021), ‘Including climate change in central bank mandates‘, in Bolton, P, H Hong, M Kacperczyk 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, H Hong, M Kacperczyk and X Vives (2021), ‘Understanding climate change risks‘, in Bolton, P, H Hong, M Kacperczyk 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, H Hong, M Kacperczyk and X Vives (2021), ‘Central bank climate policies in the context of net-zero commitments‘, in Bolton, P, H Hong, M Kacperczyk 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, H Hong, M Kacperczyk and X Vives (2021), ‘Natural disasters, climate change and central banks: Conclusion‘, in Bolton, P, H Hong, M Kacperczyk 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, H Hong, M Kacperczyk and X Vives (2021), ‘Asset managers' response to natural disasters: Introduction‘, in Bolton, P, H Hong, M Kacperczyk 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, H Hong, M Kacperczyk and X Vives (2021), ‘The asset management paradigm‘, in Bolton, P, H Hong, M Kacperczyk 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, H Hong, M Kacperczyk and X Vives (2021), ‘Asset managers' response to natural disasters: Conclusion‘, in Bolton, P, H Hong, M Kacperczyk 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, H Hong, M Kacperczyk and X Vives (2021), ‘Building resilience to climate change and natural disasters‘, in Bolton, P, H Hong, M Kacperczyk 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, H Hong, M Kacperczyk and X Vives (2021), ‘Mitigation of climate change and natural disasters‘, in Bolton, P, H Hong, M Kacperczyk 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, H Hong, M Kacperczyk and X Vives (2021), ‘Implications for efficiency and welfare‘, in Bolton, P, H Hong, M Kacperczyk 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, H Hong, M Kacperczyk and X Vives (2021), ‘Mitigating disaster risks to the financial system: Introduction‘, in Bolton, P, H Hong, M Kacperczyk 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, H Hong, M Kacperczyk and X Vives (2021), ‘Mitigation Cover-19 risks to the stock market‘, in Bolton, P, H Hong, M Kacperczyk 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, H Hong, M Kacperczyk and X Vives (2021), ‘Decarbonisation and climate disasters‘, in Bolton, P, H Hong, M Kacperczyk 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, H Hong, M Kacperczyk and X Vives (2021), ‘Sustainable finance commitments needed to achieve net zero‘, in Bolton, P, H Hong, M Kacperczyk 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, H Hong, M Kacperczyk and X Vives (2021), ‘Conclusion and policy implications‘, in Bolton, P, H Hong, M Kacperczyk 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, H Hong, M Kacperczyk and X Vives (2021), ‘Resilience of the Financial System to Natural Disasters: Discussions‘, in Bolton, P, H Hong, M Kacperczyk 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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