Simon Dietz
About
Simon Dietz is Professor of Environmental Policy in the Department of Geography and Environment at the London School of Economics and Political Science (LSE) and Research Director of the Grantham Research Institute on Climate Change and the Environment and the TPI Global Climate Transition Centre. He joined the LSE faculty in 2006, became Senior Lecturer in 2011 and was promoted to Professor in 2015. He co-founded the Grantham Research Institute in 2008 and previously served as its director/co-director before returning as Research Director in 2025.
Simon's research spans climate change, sustainability, decision-making under uncertainty, equity within and between generations, integrated assessment modelling, insurance, corporate sustainability and climate finance. He works with governments, businesses and NGOs on issues including carbon pricing and sustainable investing. His wider roles include co-editor of the Journal of the Association of Environmental and Resource Economists, CEPR Research Fellow, CESifo Research Network Fellow and Fellow of the Royal Society of Arts. Before joining LSE, he worked at HM Treasury on the Stern Review on the Economics of Climate Change.
Selected Honours and Appointments
- Research Fellow, CEPR (2024)
- Research Network Fellow, CESifo (2019)
- European Award for Researchers in Environmental Economics under the Age of Forty, EAERE (2018)
- Finance for the Future Award for Driving Change Through Education, Training & Academia (with TPI colleagues, 2018)
- Fellow of the Royal Society of Arts (2016)
- LSE Teaching Prize for outstanding teaching performance (2015)
Research interests
- Climate change
- Sustainability
- Environmental and resource economics
- Integrated assessment modelling
- Public and welfare economics
- Insurance
- Corporate sustainability
- Climate finance.
Current and recent projects
āThe social welfare value of the global food systemā (with Benjamin Bodirsky, Michael Crawford, Ravi Kanbur et al.), Ecological Economics, 239, 108771, 2026
āTranslating climate science into legal standards: Lessons from the Milieudefensie v. Shell caseā (with Joana Setzer et al.), Science, 391(6780), 26-29, 2026
āGlobal methane action pays for itself at least six times overā (with Thomas Stoerk, James Rising and Drew Shindell), Science, 390(6772), eadu7392, 2025
āOptimal climate policy under exogenous and endogenous technical change: making sense of the different approachesā (with LĆ©o Coppens and Frank Venmans), Journal of Environmental Economics and Management, 133, 103216, 2025
āGrowth and adaptation to climate change in the long runā (with Bruno Lanz), European Economic Review, 175, 104982, 2025
āSynthesis of evidence yields high social cost of carbon due to structural model variation and uncertaintiesā (with Frances Moore, Moritz Drupp, James Rising, Ivan Rudik and Gernot Wagner), Proceedings of the National Academy of Sciences, 121(52), e2410733121, 2024
āIntroduction to integrated assessment modeling of climate changeā, in Lint Barrage and Solomon Hsiang (eds.) Handbook of the Economics of Climate Change, North-Holland, Volume 1, Issue 1, 1-51, 2024
āEconomic impacts of melting of the Antarctic Ice Sheetā (with Felix Koninx), Nature Communications, 13, 5819, 2022
āHow ambitious are oil and gas companiesā climate goals?ā (with Dan Gardiner, Valentin Jahn and Jolien Noels), Science, 374(6566), 405-408, 2021
āEconomic impacts of tipping points in the climate systemā (with James Rising, Thomas Stoerk and Gernot Wagner), Proceedings of the National Academy of Sciences, 118(34), e2103081118, 2021
Grants and funding
Simonās research is currently funded by the Grantham Foundation for the Protection of the Environment, and the TPI Global Climate Transition Centre
Working papers and collaborations
āCorporate net zero targets: have they achieved anything?ā (with Nikolaus Hastreiter), 2026
āTowards comprehensive assessments of national climate damages: an application to the United Kingdomā (with James Rising, Ritika Khurana, Marion Dums, Jarmo Kikstra, Timothy M. Lenton, Manuel Linsenmeier, Chris Smith and Bob Ward), 2025
āOptimal climate policy as if the transition mattersā (with Emanuele Campiglio and Frank Venmans), CESifo Working Paper 10139, Centre for Climate Change Economics and Policy Working Paper 412, Grantham Research Institute on Climate Change and the Environment Working Paper 387, 2022
Courses taught
- Climate Change: Science, Economics and Policy, GY427 (MSc; Winter Term)
- Applied Environmental Economics, GY222 (BSc; Winter Term)
- Climate Change: Economics, Policy and Strategy in an Age of Uncertainty (Executive Course, February and June
Teaching
Courses taught
- Climate Change: Science, Economics and Policy, GY427 (MSc; Winter Term)
- Applied Environmental Economics, GY222 (BSc; Winter Term)
- Climate Change: Economics, Policy and Strategy in an Age of Uncertainty (Executive Course, February and June
Engagement and impact
Simon works with multilateral organisations, national governments, businesses and NGOs on topics of shared interest, including carbon pricing, integrated assessment modelling, and sustainable investing. He is currently Co-Chair of the UNEP/CCAC Economic Assessment of Climate and Clean Air and recently served as a Commissioner on the Food System Economics Commission.
Resources
Talks
āEconomic impacts of melting of the Antarctic Ice Sheetā, presentations at AERE, May 2022, SURED, June 2022 and EARE, June 2022
āWhat are big corporations doing on climate change?ā, keynote presentation at 10th International Ruhr Energy Conference (INREC), September 2021 (YouTube video)
āGrowth and adaptation to climate change in the long runā, presentations at AERE, June 2021, the University of Bern, November 2021, and the Berlin universities environmental economics research seminar, December 2021
āTPI State of Transition Report 2021ā, April 2021 (slides)
āClimate economics: old insights, new insights and current frontiersā, keynote presentation at OECD Workshop on Climate Change: Assumptions, Uncertainties and Surprises, September 2020
āAre economists getting climate dynamics right and does it matter?ā, presentations at University of Cambridge, May 2020, AERE, June 2020, Virtual Seminar on Climate Economics, July 2020, SWEEEP seminar series, September 2020, CESifo area conference on climate and energy, October 2020, University of Bologna, November 2020 and AERE@ASSA, January 2021
āTPI State of Transition Report 2020ā, April 2020 (slides)
āEconomic impacts of tipping points in the climate systemā, presentations at LSE, November 2019, ASSA meetings in San Diego, January 2020, Wharton School at UPenn, March 2021, LSE-Imperial Environmental Economics workshop, June 2021, NBER Summer Institute, July 2021, OECD Workshop on Expert Workshop on Economic Modelling of Climate and Related Tipping Points, October 2021
āCan a growing world be fed when the climate is changing?ā, presentations at CESifo area conference on climate and energy, Munich, October 2019, MIT Joint Program on the Science and Policy of Global Change, February 2020, and EAERE, June 2020
āCumulative carbon emissions and economic policy: in search of general principlesā, presentations at CliMathNet, Utrecht, July 2019, AERE at Lake Tahoe, May 2019, CESifo Munich, July 2018, SURED in Ascona, June 2018, and FEEM Milan, February 2018
āTPI State of Transition Report 2019ā, London Stock Exchange, July 2019 (slides)
āThe economics of 1.5°C climate changeā, Oxford Martin School, February 2019 (YouTube video), alsoĀ at the World Congress of Environmental and Resource Economists in Gothenburg, June 2018
āAmbiguity and natural disaster insurance: premiums and pricingā, Risk Center Workshop on Natural Catastrophe Prevention and Insurance: Market and Policy Issues, ETH Zurich, January 2019
āClimate change as a Big Risk and how economics has come to understand itā, Risk Lecture series, University of Duisburg-Essen, November 2018
āThe state of transition in the coal mining, electricity and oil and gas sectors: TPIās latest assessmentā, presentations to CERES by webinar, September 2018, and at the London Stock Exchange, July 2018
āAn assessment of climate action by the worldās highest-carbon corporationsā, presentation at SUERF/WU/OeNB conference on āGreen Finance, Regulation and Monetary Policyā, Vienna, May 2018
āFeeding the world, leaving the land: a macro-economic approach to Malthusian problemsā, THESys Lecture, Humboldt University of Berlin, May 2017 (YouTube video)