Topological insulators and their intriguing edge states can be understood in a singleparticle picture and can as such be exhaustively classified. Interactions significantly complicate this picture and can lead to entirely new insulating phases, with an altogether much richer and less explored phenomenology. Most saliently, lattice generalizations of fractional quantum Hall states, dubbed fractional Chern insulators, have recently been predicted to be stabilized by interactions within nearly dispersionless bands with non-zero Chern number, C. Contrary to their continuum analogues, these states do not require an external magnetic field and may potentially persist even at room temperature, which make these systems very attractive for possible applications such as topological quantum computation. This review recapitulates the basics of tight-binding models hosting nearly flat bands with non-trivial topology, C = 0, and summarizes the present understanding of interactions and strongly correlated phases within these bands. Emphasis is made on microscopic models, highlighting the analogy with continuum Landau level physics, as well as qualitatively new, lattice specific, aspects including Berry curvature fluctuations, competing instabilities as well as novel collective states of matter emerging in bands with |C| > 1. Possible experimental realizations, including oxide interfaces and cold atom implementations as well as generalizations to flat bands characterized by other topological invariants are also discussed.

Lattice models forming bands with higher Chern number offer an intriguing possibility for new phases of matter with no analogue in continuum Landau levels. Here, we establish the existence of a number of new bulk insulating states at fractional filling in flat bands with a Chern number C = N > 1, forming in a recently proposed pyrochlore model with strong spin-orbit coupling. In particular, we find compelling evidence for a series of stable states at ν = 1/(2N + 1) for fermions as well as bosonic states at ν = 1/(N + 1). By examining the topological ground state degeneracies and the excitation structure as well as the entanglement spectrum, we conclude that these states are Abelian. We also explicitly demonstrate that these states are nevertheless qualitatively different from conventional quantum Hall (multilayer) states due to the novel properties of the underlying band structure.

We study the phase diagram of interacting electrons in a dispersionless Chern band as a function of their filling. We find hierarchy multiplets of incompressible states at fillings ν = 1/3, 2/5, 3/7, 4/9, 5/9, 4/7, 3/5 as well as ν = 1/5, 2/7. These are accounted for by an analogy to Haldane pseudopotentials extracted from an analysis of the two-particle problem. Important distinctions to standard fractional quantum Hall physics are striking: in the absence of particle-hole symmetry in a single band, an interaction-induced single-hole dispersion appears, which perturbs and eventually destabilizes incompressible states as ν increases. For this reason, the nature of the state at ν = 2/3 is hard to pin down, while ν = 5/7, 4/5 do not seem to be incompressible in our system.