Patrick Bolton
Professor of Finance and Economics, Imperial College London
Patrick Bolton is Professor of Finance at Imperial College London and senior advisor to the Lazard Climate Center. He is a past President of the American Finance Association, a Fellow of the Econometric Society, the American Academy of Arts and Sciences, and a Corresponding Fellow of the British Academy. He has co-authored Contract Theory (2005) with Mathias Dewatripont, The Green Swan: Central Banking and Financial Stability in the Age of Climate Change (2020) with Morgan Despres, Luiz Pereira Da Silva, Frederic Samama, and Romain Svartzman, and Money Capital: New Monetary Principles for a More Prosperous Society (2024) with Haizhou Huang.
Featured work
Climate expenditure for survival
A coalition of willing wealthy countries should provide financing for the net-zero transitions of developing countries
Why coalitions of wealthy nations should fund others to decarbonize
Failure to agree on global grants to help low- and middle-income countries to achieve net-zero emissions cannot be the end of the story
The economic case for north-south climate finance at scale
The economic case for climate finance at scale
This policy brief examines the economic case for advanced-country financial support for replacement of coal with renewable energy sources in EMDEs
All work
Opinion piece
13 March 2025
Why coalitions of wealthy nations should fund others to decarbonize
Failure to agree on global grants to help low- and middle-income countries to achieve net-zero emissions cannot be the end of the story
First Glance
24 March 2025
Climate expenditure for survival
A coalition of willing wealthy countries should provide financing for the net-zero transitions of developing countries
Opinion piece
20 June 2024
Policy Brief
11 June 2024
The economic case for climate finance at scale
This policy brief examines the economic case for advanced-country financial support for replacement of coal with renewable energy sources in EMDEs
Annual meetings
04 September 2024
Bruegel Annual Meetings | 4-5 September 2024
This year's Annual Meetings centered around the launch of the Bruegel Memos to the European Union leadership 2024-2029
Event
20 June 2019
Sound at last? Assessing a decade of financial regulation
What has changed since the financial crisis of 2008 that makes the financial system sound at last? Is regulatory reform going in the right direction?