Banking Institutions and Natural Disasters: Recovery, Resilience and Growth in the Face of Climate Change

This book explores the impact of natural disasters on bank activity and the role of banks in supporting economic recovery. It emphasizes the importance of banks in fostering a sustainable future and addressing the risks posed by climate change. The book discusses partnerships with international cooperation institutions and local governments to ensure inclusive growth for vulnerable societies. It is a valuable resource for researchers, academics, and students of sustainable finance and climate finance.

Format: Hardback
Length: 145 pages
Publication date: 22 July 2023
Publisher: Springer International Publishing AG

The impact of natural disasters on bank activity and the role of banks in supporting economic recovery after such events is explored in great detail in this comprehensive book. The significance of banks in this context is emphasized by the growing regulatory focus on their role in fostering a sustainable future, as well as the risks posed by climate change to bank stability.

For centuries, humanity has grappled with the short- and long-term economic consequences of natural disasters. However, the severity of these events is constantly increasing, largely due to the alteration of the earth's climate and environment. These disasters pose a significant threat to the lives of millions of people, particularly in less developed countries. At the same time, the international community has recognized that weather hazards impact and countries' resilience to them are influenced by various socio-economic factors, including the functioning of financial institutions, particularly commercial banks.

Given the inevitability of climate change, banks will undoubtedly adapt their strategies to address the concerns arising from this phenomenon. The book delves into partnerships with international cooperation institutions, other financial intermediaries, and local governments to ensure that the green transition leads to inclusive growth for all, particularly the most vulnerable segments of our societies.

This book is of interest to researchers, academics, and students of sustainable finance and climate finance, as it provides valuable insights into the complex relationship between natural disasters, bank activity, and economic recovery. By examining the challenges and opportunities presented by these events, the book contributes to the ongoing discourse on sustainable development and climate change mitigation strategies.

Weight: 336g
Dimension: 152 x 218 x 17 (mm)
ISBN-13: 9783031363702
Edition number: 1st ed. 2023