ejeem Open Access Journal

European Journal of Emerging Economics and Management

eISSN: Applied
Publication Frequency : 2 Issues per year.

  • Peer Reviewed & International Journal
Table of Content
Issues (Year-wise)
Loading…
✓ Article Published

Open Access iconOpen Access

ARTICLE

Climate-Resilient Infrastructure and Financial Vulnerabilities: Integrating Risk, Policy, and Systemic Adaptation

1 Lomonosov Moscow State University, Russia

Citations: Loading…
ABSTRACT VIEWS: 15   |   FILE VIEWS: 10   |   PDF: 10   HTML: 0   OTHER: 0   |   TOTAL: 25
Views + Downloads (Last 90 days)
Cumulative % included

Abstract

The accelerating impacts of climate change, manifesting through extreme weather events, rising sea levels, and systemic disruptions, necessitate a comprehensive reevaluation of infrastructure resilience and associated financial mechanisms. This research critically examines the theoretical and practical dimensions of climate-resilient infrastructure, exploring the interplay between environmental stressors, risk management strategies, and socio-economic consequences. By synthesizing evidence from multiple domains, including urban economics, energy systems, and disaster finance, this study elucidates the systemic vulnerabilities that underpin contemporary infrastructure networks. Emphasis is placed on integrating climate risk into municipal finance, supply chain logistics, and power system resilience, while evaluating both behavioral and institutional responses to environmental uncertainty. This study adopts a multidisciplinary framework that bridges policy perspectives, engineering considerations, and financial instruments, drawing upon the Organisation for Economic Co-operation and Development’s (2018) guidelines on climate-resilient infrastructure as a foundational reference. Key findings indicate that effective resilience strategies must transcend technical robustness, incorporating regulatory alignment, stakeholder engagement, and adaptive financial mechanisms. The research underscores the significance of catastrophe bonds, insurance design, and adaptive regulatory policies in mitigating financial and operational risks associated with climate-induced infrastructure shocks. The implications extend to urban planners, policymakers, and financial institutions, highlighting the necessity of coordinated strategies that align environmental sustainability with systemic risk management. This article contributes to the growing discourse on climate resilience by offering a nuanced understanding of the interdependencies between infrastructure integrity, socio-economic stability, and policy-driven interventions. Ultimately, the study provides actionable insights for enhancing the resilience of infrastructure systems in the context of an increasingly volatile climate landscape.


Keywords

Climate resilience, infrastructure adaptation, extreme weather, financial risk

References

1. Park, Y, P Hong and J Roh (2013): “Supply chain lessons from the catastrophic natural disaster in Japan”, Business Horizons, vol 56, no 1, January–February, pp 75–85, doi.org/10.1016/j.bushor.2012.09.008.

2. Panteli, M.; Mancarella, P. Influence of extreme weather and climate change on the resilience of power systems: Impacts and possible mitigation strategies. Electr. Power Syst. Res. 2015, 127, 259–270.

3. Painter, M (2020): “An inconvenient cost: the effects of climate change on municipal bonds”, Journal of Financial Economics, vol 135, no 2, February, pp 468–82, doi.org/10.1016/j.jfineco.2019.06.006.

4. Polacek, A (2018): “Catastrophe bonds: a primer and retrospective”, Federal Reserve Bank of Chicago, Essays on Issues, no 405, fraser.stlouisfed.org/files/docs/historical/frbchi/fedletter/frbchi_fedletter_2018_405.pdf.

5. Shi, Z.; Wen, X.; Liu, H.; Wang, H.; Wu, T. A control strategy for improving power system resilience in N-k contingency. Front. Energy Res. 2022, 10, 993408.

6. Yao, T.; Cheng, W.; Gao, H. The natural disaster damage assessment of Sichuan province based on grey fixed-weight cluster. Grey Syst. Theory Appl. 2016, 6, 415–425.

7. Ouazad, A and M Kahn (2019): “Mortgage finance and climate change: securitization dynamics in the aftermath of natural disasters”, NBER Working Papers, no 26322, www.nber.org/papers/w26322.

8. OECD (2018): “Climate-resilient infrastructure”, OECD Environment Policy Paper no 14, www.oecd.org/environment/cc/policy-perspectives-climate-resilient-infrastructure.pdf.

9. Petrolia, D, C Landry and K Coble (2013): “Risk preferences, risk perceptions, and flood insurance”, Land Economics, vol 89, no 2, econpapers.repec.org/article/uwplandec/v_3a89_3ay_3a2013_3aii_3a1_3ap_3a227-245.htm.

10. Pan, W.; Li, Y. Improving Power Grid Resilience under Extreme Weather Conditions with Proper Regulation and Management of DERs—Experiences Learned from the 2021 Texas Power Crisis. Front. Energy Res. 2022, 10, 921335.

11. Xiang, K.; Zhou, Y.; Zhou, E.; Lu, J.; Liu, H.; Huang, Y. A Spatial Assessment of Wildfire Risk for Transmission-Line Corridor Based on a Weighted Naïve Bayes Model. Front. Energy Res. 2022, 10, 829934.

12. Ortega, F and S Taspinar (2018): “Rising sea levels and sinking property values: the effects of Hurricane Sandy on New York’s housing market”,


How to Cite

Climate-Resilient Infrastructure and Financial Vulnerabilities: Integrating Risk, Policy, and Systemic Adaptation. (2026). European Journal of Emerging Economics and Management, 3(01), 1-5. https://www.parthenonfrontiers.com/index.php/ejeem/article/view/230

Share Link