This book looks more closely at how natural disasters impact bank activity and how banks can support economic recovery after a natural disaster. The importance of banks in this context is underscored by increasing regulatory attention on their role in fostering a sustainable future, but also on the risks that climate change poses to bank stability.

Humanity has tried to cope with the short- and long-term economic consequences of natural disasters for centuries. However, the severity of these events is constantly increasing in magnitude, due to the...