Nicholas Stern
Lord Stern has been Chair of the Grantham Research Institute since it was founded in 2008.
He also holds the following positions:
- Chair of the Centre for Climate Change Economics and Policy
- IG Patel Professor of Economics and Government at the LSE
- Director of the India Observatory
- Past President of the Royal Economic Society
- Past President of the British Academy
- Past President of the European Economic Association
- Fellow of the Royal Society
- Co-Chair, Global Commission on the Economy and Climate
- Chair of the Board, SYSTEMIQ
- Friend of COP26
Background
Professor Stern is the IG Patel Professor of Economics and Government, Chairman of the Grantham Research Institute on Climate Change and the Environment and Head of the India Observatory at the London School of Economics. President of the British Academy, July 2013 – 2017, and was elected Fellow of the Royal Society in 2014.
Professor Stern has held academic appointments in the UK at Oxford, Warwick and the LSE and abroad including at the Massachusetts Institute of Technology, the Ecole Polytechnique and the Collège de France in Paris, the Indian Statistical Institute in Bangalore and Delhi, and the People’s University of China in Beijing.
He was Chief Economist of the European Bank for Reconstruction and Development, 1994-1999, and Chief Economist and Senior Vice President at the World Bank, 2000-2003.
He was Second Permanent Secretary to Her Majesty’s Treasury from 2003-2005; Director of Policy and Research for the Prime Minister’s Commission for Africa from 2004-2005; Head of the Stern Review on the Economics of Climate Change, published in 2006; and Head of the Government Economic Service from 2003-2007.
He was knighted for services to economics in 2004, made a cross-bench life peer as Baron Stern of Brentford in 2007, and appointed Companion of Honour for services to economics, international relations and tackling climate change in 2017. He has published more than 15 books and 100 articles and his most recent book is “Why are We Waiting? The Logic, Urgency and Promise of Tackling Climate Change”.
Awards and Prizes
He holds 13 honorary degrees and has received the Blue Planet Prize (2009), the BBVA Foundation Frontiers of Knowledge Award (2010), the Leontief Prize (2010), and the Schumpeter Award (2015), amongst many others.
Research interests
- The economics of climate change;
- Economic development and growth;
- Economic theory;
- Tax reform;
- Public policy;
- The role of the state and economies in transition.
Contact:
General enquiries:
- PA Eva Lee: e.lee4@lse.ac.uk
- PA Kerrie Quirk: k.quirk@lse.ac.uk
Media requests:
- Bob Ward, Policy & Communications Director: +44 (0) 20 7107 5413
Research
Research - 2023
There is growing awareness that actions by policymakers and international organizations to reduce poverty, and those to mitigate and adapt... Read more
Contrary to much of the conventional wisdom, taking stronger actions on climate change may enhance economic growth, even as conventionally measured, but even more so, in terms of societal well-being. Read more
Research - 2022
This article examines the impact of climate policy-induced changes in consumers’ preferences. Read more
This paper argues that China will have to change the way of development by taking a sustainable pathway to growth but that this new approach does not mean sacrificing economic growth. Read more
The authors of this paper argue that, despite their dominance in the economics literature and influence in public discussion and policymaking, the methodology employed by Integrated Assessment Models (IAMs) rests on flawed foundations, which become particularly relevant in relation to the realities of the immense risks and challenges of climate change, and the radical changes in our economies that a sound and effective response require. Read more
The case for action on climate change with urgency and at scale rests on the immense magnitude of climate risk,... Read more
China, with a heavy dependence on coal power, has announced a clear goal of carbon neutrality by 2060. Electrification of final energy use and high penetration of renewable energy are essential to achieve this say the authors of this paper. Read more
Research - 2021
In this article, we draw on the theoretical and empirical evidence on the opportunities, drivers and policies for innovation-led sustainable growth. We highlight the importance of a coordinated set of long-term policies and institutions that can enable and foster private sector investments in clean innovation and assets quickly and at scale. Read more
15 years on from the Stern Review, here Nicholas Stern argues that the COVID-19 and climate crises, and the weaknesses that produced them, should be tackled together and that the response must be a new sustainable, resilient and inclusive approach to growth and development. Read more
This paper discusses major action areas for China's 14th Five-Year Plan after COVID-19, especially focusing on three aspects: the energy transition, a new type of sustainable urban development, and investment priorities. Read more
Research - 2020
This paper (forthcoming in the Oxford Review of Economic Policy) assesses the economic and climate impact of taking a green route out of the COVID-19 crisis. The analysis is based on a survey 231 central bank officials, finance ministry officials, and other economic experts from G20 countries on the relative performance of 25 major fiscal recovery archetypes across four dimensions: speed of implementation, economic multiplier, climate impact potential, and overall desirability. Read more
Ramsey famously condemned discounting “future enjoyments” as “ethically indefensible”. Suppes enunciated an equity criterion which, when social choice is utilitarian,... Read more
Research - 2019
The authors of this comment respond to a recent argument put forward by Lemoine and Rudik (2017), that it is efficient to delay reducing carbon emissions because there is substantial inertia in the climate system. Mattauch et al. show that there is no such inertia, which means there is no lag between carbon emissions and warming. Read more
Research - 2018
This paper explores the relationship between carbon prices and policies that change consumers’ preferences, concluding that taking the effects into account in economic models would enhance understanding of climate change mitigation policy, facilitating the transition to a low-carbon economy. Read more
Abstract Tony Atkinson played a crucial role in shaping modern public economics, but throughout his life challenged whether we were... Read more
Research - 2016
Putting the SDGs and Paris Agreement together, the agreements of 2015 have given us, for the first time, a global agenda for sustainable development applying to all countries. This paper sets out the implications of this agenda, and climate change in particular, for development economics and development policy. Read more
Presentation given by Professor Lord Nicholas Stern at a Bank for International Settlements event on 29 February 2016. Prepared with... Read more
Headline issue China is undergoing another major structural transformation. It is moving towards a new development model, focused on achieving... Read more
Nicholas Stern calls on scientists, engineers and economists to help policymakers by better modelling the immense risks to future generations, and the potential for action. Read more
Research - 2015
Powerpoint slides from a speech given by Professor Lord Nicholas Stern at the Sheldonian Theatre, Oxford, UK on 19 October 2015 Read more
Nicholas Stern argues that the risks and costs of climate change are worse than estimated in the landmark Stern Review in 2006—and far worse than implied by standard economic models. Read more
‘To slow or not to slow’ (Nordhaus, 1991) was the first economic appraisal of greenhouse gas emissions abatement and founded a large literature on a topic of worldwide importance. We offer our assessment of the original article and trace its legacy, in particular Nordhaus's later series of ‘DICE’ models. From this work, many have drawn the conclusion that an efficient global emissions abatement policy comprises modest and modestly increasing controls. We use DICE itself to provide an initial illustration that, if the analysis is extended to take more strongly into account three essential elements of the climate problem – the endogeneity of growth, the convexity of damage and climate risk – optimal policy comprises strong controls. Read more
Research - 2014
The development of human civilisations has occurred at a time of stable climate. This climate stability is now threatened by... Read more
This paper examines a broad range of ethical perspectives and principles relevant to the analysis of issues raised by the science... Read more
Endogenous growth, convexity of damages and climate risk: how Nordhaus’ framework supports deep cuts in carbon emissions Read more
This book focuses on the prospects for global agreement on climate change, how to encourage compliance with any such agreement and perspectives of key players in the negotiations. Read more
Research - 2013
Nicholas Stern, Journal of Economic Literature, September, 2013. Read more
Research - 2012
Nicholas Stern and James Rydge, Economics of Energy and Environmental Policy V.1, pp.1-1, 2012. Read more
Working Paper 84b Abstract Both intergenerational and intratemporal equity are central to the examination of policy towards climate change. However,... Read more
Research - 2011
Abstract Cities have clearly played a major role in the creation of the problem of anthropogenic climate change and they... Read more
Research - 2010
Abstract This paper considers how environmental policies should respond to macroeconomic downturns. It first explores the implications of the global... Read more
Working Paper 16 Abstract We consider how environmental policies should respond to macroeconomic downturns. We first explore the implications of... Read more
Research - 2009
Environmental Resource Economics, April 2009 Read more
A Blueprint for a Safer Planet – from Random House Group. Nicholas Stern, April 2009. Random House, London. Read more
Abstract In this final rejoinder to the symposium on “The Economics of Climate Change: The Stern Review and Its Critics,” we respond... Read more
Research - 2008
Abstract There may never have been an instance of environmental pollution to challenge our powers of analysis and evaluation quite... Read more
Abstract The employment effect of climate policy has emerged as an important concern of policy makers, not least in the... Read more
Abstract A global target of stabilizing greenhouse-gas concentrations at between 450 and 550 parts per million carbon-dioxide equivalent (ppm CO2e)... Read more
Research - 2006
‘The Economics of Climate Change: The Stern Review’stern_review is a landmark study that was published on 30 October 2006. Read more
Policy
Policy - 2024
A collection of essays authored by academics from universities across the UK that explores a range of topics often featured in public and policy discussion on climate change, with the aim of bringing together clear evidence setting out the reality of climate change in the UK while dispelling common myths. Read more
These presentation slides accompany the Lionel Robbins lectures given by Professor Lord Nicholas Stern from 12-14 March 2024. The lectures... Read more
This policy insight seeks to evaluate China’s role in supply chains for renewable energy technologies and how the country can accelerate the energy transition in other countries, particularly those in Southeast Asia. Read more
This report sets out the need for long-lasting institutional and policy frameworks that can induce investment in a broad range of assets in the UK to drive the transition to a sustainable, inclusive and resilient economy. Read more
Policy - 2023
Actual investment performance on key climate priorities in emerging markets and developing countries has stalled. This second report from Independent High-Level Expert Group on Climate Finance focuses on how to accelerate investment to deliver the goals of the Paris Agreement and implement a framework for action. Read more
This paper outlines how to realise a new model of sustainable, resilient and inclusive development for India. Read more
This report presents recommendations of the High-Level Advisory Group on Sustainable and Inclusive Recovery and Growth, making the case and proposing actions for a big investment push for sustainable recovery and development in emerging markets and developing economies. Read more
This report rethinks basic issues in economics in describing a new development strategy for China, focusing on theories of value, the definition and measurement of wellbeing and wealth, and analytical frameworks for individual and collective behaviour. It sets out guiding principles and actions to reshape key sectors. Read more
This joint report from the Grantham Research Institute and Systemiq contends that the world has in its hands a new growth and development story driven by investment and innovation in green technology, boosted by artificial intelligence (AI) – and this is a much more attractive and inclusive story than the dirty and destructive paths followed in the past. Read more
Policy - 2022
This report of the Independent High-Level Expert Group on Climate Finance provides a framework for delivering finance for climate action, following the comprehensive approach embodied in the Paris Agreement and UNFCCC. Read more
This independent report sets out a rationale and possible design of a Climate Club, taking its point of departure from the June 2022 G7 Leaders’ Statement on Climate Club. Read more
With the macroeconomic environment shifting rapidly in the past year, posing serious challenges for policymakers, this paper aims to set out a stable and prudent course for macroeconomic policy. Read more
This white paper outlines an action agenda focused on a big push in investment, innovation and financing. Multilateralism remains key to unlocking the response for a new financial, societal and economic architecture. Read more
This paper assesses the investment requirements for emerging markets and developing economies that are critical to their development and climate goals, arguing for a big-push investment programme to boost growth and meet global temperature targets. Read more
In this policy insight, the authors explain how rising to the climate and poverty challenges in tandem can generate great gains for people and the environment across continents and create new paths for sustainable development and poverty reduction – while delayed action on climate change will entrench poverty around the world. Read more
The authors of this paper present an alternative approach to determining the Social Cost of Carbon (SCC) that takes as given the objectives of the Paris Agreement and the Biden administration’s commitment to the US reaching net-zero emissions by 2050. Read more
Policy - 2021
A submission based on work from across the Grantham Research Institute to the FCDO's recent call for evidence to inform the UK's forthcoming International Development Strategy. Read more
In this policy note Amar Bhattacharya and Nicholas Stern set out where we are on developed countries’ climate finance pledge to developing countries and where we must go now, presenting an action agenda with five elements. Read more
These presentation slides accompany a talk given by Nicholas Stern at an LSE public lecture held on 26 October 2021. Read more
This letter from Lord Nicholas Stern to Aleksei Mozhin (Dean of the IMF Board) concerns recent discussions and reports concerning the role of Kristalina Georgieva in relation to the World Bank publication “Doing Business”. In the letter Lord Stern outlines why he has full confidence in Kristalina and in her continued leadership over the coming crucial years. Read more
This report, produced with the World Economic Forum, outlines a global vision and concrete, practical guidance to grow forward from the COVID-19 crisis towards more resilient economies that serve all parts of society and ensure nature and the environment are preserved for future generations. Read more
In this policy insight, Nicholas Stern and Chunping Xie discuss China’s need to peak its greenhouse emissions by 2025 as it tackles the threat of climate change in the aftermath of COVID-19 and in the run-up to its 2060 carbon neutrality target. Read more
This report sets out core elements of an overarching and integrated strategy for recovery from the COVID-10 pandemic and growth, as a contribution to the preparation for the G7 Summit taking place in Carbis Bay, Cornwall (11 to 13 June 2021). Read more
This independent report prepared for the UK Prime Minister ahead of the G7 Summit in June sets out the current major challenges and opportunities facing the world, a shared vision and strategy for tackling them, policies for delivery and finance for action. Read more
This paper discusses how China's low-carbon transition can act as a new driver of growth in the post-COVID-19 era, including the need to peak carbon emissions during the 14th Five-Year Plan to meet the 2060 carbon neutrality goal. Read more
This paper explains why a sustained, strong and non-inflationary recovery from COVID-19 must be driven by private investment, and sets out priority actions for governments. Read more
This paper focuses on three action areas for China's 14th Five-Year Plan: the energy transition, a new type of sustainable urban development and investment priorities. Read more
Policy - 2020
The world is currently facing two crises of potentially immense proportions: COVID-19 and climate change. The response to both must be global, urgent and on great scale, argue the authors of this paper, as they outline the need for a sustainable recovery, and also the importance of China's role. Read more
Four key factors make the scaling of renewable energy investment in fragile and conflict-affected states desirable and relevant: cost and practicality, increased and secured energy access, economic resilience, and inclusion and empowerment. Read more
This paper sets out the role for the coordinated development of clean, compact and connected (CCC) cities alongside the restructuring of existing metropolitan areas, and describes the necessary drivers of structural change, in the economic recovery phase in China. Read more
The authors in this policy insight set out a number of action areas for enabling China’s 14th Plan to embody high-quality development and strong, sustainable, resilient and inclusive growth in the aftermath of the COVID-19 pandemic. Read more
This briefing paper sets out the key areas where strong economic policies and institutions will be needed to foster investment for the post-COVID-19 recovery, building on discussions in the Royal Economic Society's webinar series chaired by Professor Lord Stern. Read more
This paper examines the role of investment in physical, human, natural and social capital in the new phase of growth China is entering. It provides the beginnings of an analytical framework for key elements of this new growth story, examining how a focus on the four types of capital can help deliver prosperity through China’s 14th Five-Year Plan and Belt and Road Initiative. Read more
The first of two papers that offer an outline of strategies and policies for an innovative, sustainable and low-carbon approach to China’s development, this paper offers an approach that could spell out a new development strategy for the country as the 21st century progresses, to inform decision-making for China’s 14th Five-Year Plan. Read more
In advance of the Budget, this policy report highlights areas of the UK economy where the public sector could leverage private investment and in so doing contribute to achieving the strategic priorities of regionally balanced growth and decarbonisation. Read more
Policy - 2019
Presentation given by Nicholas Stern at the Pledging Conference for GCF's First Replenishment 24–25 October 2019. In the presentation Professor Lord Nicholas Stern outlines how well designed sustainable infrastructure can be pro growth, pro poor, and pro climate. Read more
Economic assessments of the potential future risks of climate change have been omitting or grossly underestimating many of the most serious consequences for lives and livelihoods because these risks are difficult to quantify precisely and lie outside of human experience. This policy insight identifies and draws attention to these 'missing risks' and discusses how populations might fare in light of their potential to adapt in the face of these risks. Read more
Chapter in the Banque De France’s Financial Stability Review no. 23 – June 2019. Read more
Isabella Neuweg and Nick Stern describe the systemic reforms that could foster the investments in physical, human, natural and social capital that will drive forward China’s new era of high-quality, sustainable and inclusive growth and development. At the same time China can provide great support for its partner countries in the Belt and Road as they seek sustainable and inclusive development. Read more
Nicholas Stern contends that embarking on a path of strong, sustainable and inclusive growth can deliver the zero-carbon economy and the Sustainable Development Goals, and that such a strategy both requires, and can help create, a new internationalism. This is an extended version of a lecture by Professor Stern delivered in February 2019 at the University of Cambridge. Read more
Policy - 2018
This special report for the LSE Growth Commission shows why it is sensible for environmental sustainability to be at the heart of the UK’s growth strategy and how this can be achieved, setting out recommendations for government across the areas of innovation, infrastructure, skills and cities. Read more
This Policy Insight is the text to accompany a presentation delivered by Lord Stern at the Vatican on 5 July 2018 at the International Conference on the Third Anniversary of Laudato Si’: Saving our Common Home and the Future of Life on Earth. Read more
The world has built a remarkable global agenda. Nicholas Stern explains the urgency of rising collectively to the challenges and describes how the necessary political will can be built to deliver the strong decisions we need, at sufficient pace. Read more
This paper argues that China’s agenda of internal reform towards strong, clean and inclusive growth is heavily linked to its actions in its major trading partner countries, especially those associated with the Belt and Road Initiative. Read more
Policy - 2017
A previous draft of this report was published as a background paper submission to the China Development Forum 2017. An... Read more
Headline issue China is taking an active leadership role in a new global agenda that has sustainable infrastructure at its... Read more
Policy - 2016
The COP-21 meeting in Paris produced an important result. For the first time all countries developed and developing agreed to take... Read more
Submission made to the Task Force on Climate-Related Financial Disclosures, which was set up in December 2015 by the Financial... Read more
Policy - 2015
This paper shows that effective international cooperation can help the world develop along a 2°C pathway and adapt to the climatic changes already locked-in as a result of past and ongoing greenhouse gas emissions. Read more
Speech by Nicholas Stern at an event organised by the French government in Paris ahead of the climate change summit. Read more
Paper produced with The Brookings Institute and The New Climate Economy The U.N. Conference on Financing for Development at Addis... Read more
Study shows that China has entered a new phase of economic development - continuing to promote economic growth while driving down its GHG emissions. Read more
Headline issue Countries agreed at the 20th session of the Conference of the Parties (COP20) in Lima, Peru, in December... Read more
Paper asserts that overseas aid to support developing countries should be interwoven with efforts to mitigate and adapt to climate change. It claims that efforts to separate the two could be deeply damaging. Read more
Policy - 2014
Headline issue Countries are now seeking to reach a new international agreement on climate change, to be signed in Paris... Read more
Paper explores 4 key elements on which an agreeement at the COP21 - Paris 2015 Climate Change talks could be based Read more
The interplay between innovation and risk, and the social interactions between public and private sectors, are critical in fostering innovation and determining its effectiveness. Read more
China’s consumption of coal could reach a peak by 2020, or even earlier, as part of its plans to pursue... Read more
Policy - 2012
Executive Summary The world is heading in a difficult and dangerous direction. A range of estimates based on current plans... Read more
Amar Bhattacharya, Mattia Romani and Nicholas Stern Read more
Policy - 2011
Mattia Romani and Nicholas Stern Read the release about this paper. Read more
Mattia Romani, Nicholas Stern and Dimitri Zenghelis Read more
Policy - 2010
Published at COP 16 in Cancun. p22: December 2010 – External link to report Read more
‘Climate Change The New Economy’ published at COP 16 in Cancun. p22: December 2010 – External link to publication Read more
Unless the world embarks now on a new energy and industrial revolution it will be very difficult to manage the... Read more
This paper sets out an assessment of the latest targets and intended actions for reducing emissions of greenhouse gases, which... Read more
Policy - 2009
Nicholas Stern The United Nations Climate Change Conference in Copenhagen begins on 7 December and we can see the outline... Read more
This paper sets out an assessment of the latest national positions regarding emission reduction targets and actions going into the... Read more
A summary of presentations at a symposium in the House of Lords on 27 October 2009. Read more
Nico Bauer (PIK), Alex Bowen (GRI, LSE), Steffen Brunner (PIK), Ottmar Edenhofer (PIK), Christian Flachsland (PIK ), Michael Jakob (... Read more
Alex Bowen, Samuel Fankhauser, Nicholas Stern and Dimitri Zenghelis Read more
Policy - 2008
Policy - 2007
Simon Dietz, Chris Hope, Nicholas Stern & Dimitri Zenghelis. World Economics 8.1, pp.121-168, 2007 – Link to publisher Read more
Books
Books - 2015
Nicholas Stern argues that the risks and costs of climate change are worse than estimated in the landmark Stern Review in 2006—and far worse than implied by standard economic models. Read more
Books - 2014
This book focuses on the prospects for global agreement on climate change, how to encourage compliance with any such agreement and perspectives of key players in the negotiations. Read more
Books - 2011
Abstract Cities have clearly played a major role in the creation of the problem of anthropogenic climate change and they... Read more
Books - 2009
A Blueprint for a Safer Planet – from Random House Group. Nicholas Stern, April 2009. Random House, London. Read more
Books - 2006
‘The Economics of Climate Change: The Stern Review’stern_review is a landmark study that was published on 30 October 2006. Read more
Events
Events - 2024
Events - 2023
Events - 2022
Events - 2021
G7 Leadership for Sustainable, Resilient and Inclusive Economic Recovery and Growth Report Launch – video
Event Type: Online eventFinancing the Green Transition: what role for multilateral development banks?
Event Type: Online eventA Lecture by Patricia Espinosa, Executive Secretary of UN Climate Change
Event Type: Public LecturesEvents - 2020
Events - 2019
What should individuals, communities, schools and universities in the UK do to stop climate change? Video
Event Type: Public LecturesThe Financing a Just Transition Roadmap for Investor Action in the UK – Launch
Event Type: Launch eventsEvents - 2018
After COP 24: have the rules to deliver on the Paris Agreement been agreed? | Video
Event Type: Public LecturesWhat investors need to know about technology and climate change: the race of our lives – Video
Event Type: Public LecturesEvents - 2017
Events - 2016
Implementing the NDCs to the Paris agreement: Bridging the legislative and policy gap (COP 22 Side Event)
Event Type: ConferencesPublic lecture | Growth and Sustainability: 10 years on from the Stern Review
Event Type: Public LecturesPanel debate | Environmental policies and competitiveness – how to get the most out of the green transition?
Event Type: Policy SeminarsEvents - 2015
Credibility of national actions and INDCs: worldwide legislative and policy developments (COP21 event)
Event Type: The road to Paris: COP 21Post COP21 panel debate | After Paris: is COP21 a turning point for international action on climate change?
Event Type: COP21Public lecture | Why are we waiting? The logic, urgency and promise of tackling climate change
Event Type: Public LecturesEvents - 2014
The Global Development Post-Durban Of Policy Regimes To Combat Climate Change
Event Type: Grantham WorkshopA Global Deal on Climate Change: the challenges between now and December in Copenhagen
Event Type: Policy SeminarsNicholas Stern – Deciding our Future in Copenhagen: will the world rise to the challenge of climate change?
Event Type: Public LecturesTackling global injustice in a world of climate change – Punishing the Innocent?
Event Type: Public LecturesNews
News - 2024
Professor Lord Stern of Brentford, Chair of the Grantham Research Institute on Climate Change and the Environment, was among 40... Read more
This article calls for a “new age of aspiration” in the UK to deal with current social, economic and environmental challenges. Read more
This news article reports on a new study which suggests there has been a significant growth in green businesses and... Read more
Hans Peter Lankes, Rob Macquarie, Eleonore Soubeyran and Nicholas Stern consider the role that policy design can play in simultaneously tackling climate change and reducing poverty. Read more
This opinion piece reflects on the debate within the UK Labour Party over its green investment plans. The article references... Read more
In this opinion article for the FT Nicholas Stern argues that sustainable investment can help bolster innovation, competitiveness and productivity growth in the UK. Read more
This news article reports on a new study which claims that existing food systems destroy more value than they create due to medical and environmental costs. Read more
This article discusses a new report by leading economists, including Lord Stern, which calls for the UK to make major... Read more
This article reports of criticism of the UK Prime Minister’s plans to expand oil and gas exploration in the North... Read more
News - 2023
Times, 5 December 2023 Read more
This article reports on new analysis which says that insufficient investment in developing countries is putting efforts to reduce global... Read more
This article discusses a new report which recommends increasing taxes on polluting activities and cutting subsidies to the fossil fuel... Read more
This article reports on the limitations of economic modelling in relation to climate change. The article includes a quote from Nicholas Stern. Read more
This clip from the House of Lords King’s Speech debate on the ‘Economy, transport, energy and the environment’ on Monday... Read more
This article reports on the failure of some countries to provide extra money for the World Bank to support poorer... Read more
In this letter Nicholas Stern responds to the failure of some countries, including the United States, to pledge funding for... Read more
In this article leading academics and environmental campaigners respond to the UK government's announcement that it will reverse some of its climate policies. Read more
This news article features comments by Professor Lord Nicholas Stern in response to the UK government’s decision to issue new... Read more
Remarks made by Nicholas Stern and Amar Bhattacharya at the Summit for a New Global Financial Pact in Paris on 22 June 2023. The Summit was opened by French President Emmanuel Macron. Read more
This World Bank event brings together high-level experts to share policy experiences and insights on the use of behavioral change to drive climate action and protect the environment. Read more
This article considers the possibility of establishing a new global lender, similar to the IMF and World Bank but with a specific focus on addressing climate change. The article includes quotes from Nicholas Stern. Read more
This news article reports on a new paper by the Grantham Institute, that calls for the Chinese government to establish a... Read more
News - 2022
The world will not avoid dangerous levels of climate change without a significant increase in investment. This commentary presents three priorities for climate finance for the achievement of the Paris targets and the protection of the world's most vulnerable communities. Read more
In this newspaper interview Nicholas Stern discusses COP27, climate finance, greenwashing and the role of economics in responding to climate... Read more
This editorial in The Guardian references a report on climate finance and one of the co-authors, Nicholas Stern. Read more
This news article reports on a new study co-authored by Nicholas Stern and commissioned by the UK and Egyptian governments for the COP27 climate summit. The study considers the investment required to help developing countries cut their greenhouse gas emissions and cope with the impacts of climate change. Read more
With a new Prime Minister in Number 10, Nick Stern argues that public policy must be based on the recognition that private markets will be the primary drivers of investment and innovation to power change in the UK towards a clean, resilient and inclusive economy. Now the Government needs to create the right conditions for private finance as it works towards its complementary objectives of growth, net zero and levelling up. Read more
The news article considers a new report commissioned by the German government and prepared by the Grantham Research Institute. The... Read more
This article looks at how recent financial turmoil in the UK has led to renewed calls for green investment. The... Read more
Investments, innovation, policy and finance all play a central role in defining the economic growth model of the 21st century. This commentary argues that better collaboration on these four major issues is vital if we want to create a sustainable, resilient and inclusive future for all. Read more
Commentary by Nicholas Stern written ahead of the 2022 G7 summit in Germany. The Times (paywall), 21 June 2022 Read more
The high quality of research by the London School of Economics and Political Science has been recognised in the results of the... Read more
In this commentary piece for Raisina Dialogue the authors highlight the need to accelerate the shift away from fossil fuels and the critical role climate finance can play in facilitating the transition to net-zero. Read more
The Kleinman Center for Energy Policy at the University of Pennsylvania is to award its 2022 Carnot Prize to Professor Lord Nicholas Stern. Read more
News - 2021
In this opinion piece for the FT, Martin Wolf makes reference to a report by Amar Bhattacharya and Nicholas Stern... Read more
In this editorial article for China Daily Nicholas Stern and Xie Chunping assess the importance of the joint declaration by China and the United States of their determination to work together to tackle climate change. The declaration was made during the COP26 climate summit in Glasgow. Read more
In this news article Nicholas Stern gives his immediate reactions to the final text from the COP26 summit in Glasgow.... Read more
In this television news interview Nicholas Stern warns of the dangers we would face with 2 degrees of warming BBC... Read more
In this radio interview Nicholas Stern discusses the issue of climate finance in the context of discussions taking place at... Read more
In this interview for Reuters Nicholas Stern explains how the costs of inaction on climate change have gone up whilst... Read more
In this news report Nicholas Stern is quoted in response to the announcement that the London School Of Economics and Political Science (LSE) has become the first UK university to be independently verified as carbon neutral. Read more
In this news article on the UK government's net zero plans Nicholas Stern is quoted as saying that "there is unlikely to be a long-run growth story that is high carbon”. Read more
In this Radio interview Nicholas Stern discusses the leadership shown by the financial sector at COP26. Read more
In this blog post Nicholas Stern and Chunping Xie discuss progress China has made in terms of environmental policies and measures to tackle climate change over the past 10 years. In the article they highlight the importance of bringing forward the peak in China’s greenhouse gas emissions to no later than 2025. Read more
This report on the publication of the UK government's net zero plans includes quotes from Nicholas Stern who highlights the fact that low-income households will need support in the transition to net zero. Read more
Lord Stern considers the prospects for renewed international action on climate change following President Biden's move to rejoin the Paris Agreement. Read more
News - 2020
Commenting on the outcome of the 2020 US presidential election, Professor Lord Nicholas Stern, chair of the Grantham Research Institute... Read more
Investing in clean energy systems and technologies is just as urgent a priority for fragile and conflict-affected situations as it is for more stable environments, and a positive feedback loop exists between securing access to clean energy, state-building and peace, argue Camilla Sacchetto, Nicholas Stern and Charlotte Taylor. Read more
Nicholas Stern explains why President Xi’s historic pledge to cut China's emissions to net-zero by 2060 could prove to be a key milestone on the path to a healthier, safer and more prosperous future. Read more
Finance ministers have a unique opportunity to design and implement comprehensive stimulus packages that can drive a strong recovery and build a better future: so argues a new paper prepared at the request of the co-chairs of the Coalition of Finance Ministers for Climate Action and summarised in this commentary. Read more
As the world seeks to recover from COVID-19 a similar agreement to that of the Bretton Woods is needed to help establish a position on issues such as the price of carbon emissions says Nicholas Stern in this interview with El Pais. Read more
Nicholas Stern comments on the recovery from COVID-19, which, he says, must be designed to be sustainable if it is to take us to the drive to the transformational growth that can give us a much better path of development and growth and avoid the dangers of the old system. Read more
The COVID-19 pandemic has underlined the fragility and dangers of the old growth path. There can be no going back to the old normal, argue Amar Bhattacharya and Nicholas Stern. Read more
This article considers the role of carbon taxes is helping the UK achieve its net zero goal. In the article Nicholas Stern is quoted as calling for a clear and much higher carbon price as says that revenue generated can be used in part to help people who might be hit by price rises at the lower end of income distribution. Read more
Lord Stern discusses why 2020 may be a critical year for global efforts to tackle climate change in this interview for an Italian newspaper. Read more
Article considers the differing views of economists on the likely cost of climate change. In the article Bob Ward is reported as saying there are problems with the models used by William Nordhaus, Richard Tol and others who claim the economic impact will not be severe. Read more
Nicholas Stern explains how China's 14th Five-Year Plan (2021-2025) will be of particular importance to global efforts to tackle climate change. Read more
Nicholas Stern comments on concerns raised that China's efforts to tackle climate change may be derailed by slowing economic growth. Read more
Nicholas Stern considers the prospects for action on climate change as participants gather for the 50th World Economic Forum in Davos, Switzerland. Read more
Professor Lord Nicholas Stern discusses the announcement by Microsoft that it intends to become "carbon negative" by 2030. Stern says the announcement is "credible, welcome and important". Read more
News - 2019
Naomi Oreskes and Nicholas Stern respond to questions about the economic impacts of rising temperatures. Read more
A set of assumptions and practices in economics has led economists both to underestimate the economic impact of many climate risks, and to miss some of them entirely, say Professor Nicholas Stern and Dr. Naomi Oreskes, professor of the history of science at Harvard University, in a new opinion piece for the New York Times. Read more
In this interview Lord Stern says that Extinction Rebellion are “absolutely right to underline the urgency of this challenge”, but that reaching net-zero by 2025 would be “extremely difficult.” Read more
Following the announcement of the death of the distinguished economist Professor Martin Weitzman, Lord Stern has said: "The world of economics has lost a hugely talented and influential figure, and I have lost a close friend of nearly 50 years." Read more
Professor Nicholas Stern responds to a new paper published in the journal nature sustainability which found that China appears on track to reach its carbon goals up to nine years earlier than planned under the Paris agreement. Read more
Professor Nicholas Stern responds to an announcement by the European Investment Bank that it was proposing to end loans to fossil fuel projects by the end of next year. Read more
China Daily Global, 21 June 2019 Read more
Nicholas Stern comments on the decision by the UK Government to commit to meeting the target of ending carbon emissions by 2050. Read more
Edited version (with references) of a talk given by Nicholas Stern for Jim Mirrlees’ Memorial Conference at Nuffield College, Oxford... Read more
China Daily Global, 22 April 2019 Read more
The renowned British economist discusses the importance of investing in the environment and social cohesion Read more
The Indonesian government is blazing a trail for other emerging economies with its recognition of the adverse health, financial and environmental impact of high carbon emissions, and its new plan charting a course towards sustainability says Nicholas Stern. Read more
The People’s Daily, 26 March 2019 Read more
News - 2018
The Guardian, 8 October 2018 Read more
My argument is simple. The transition to the zero-carbon economy is the inclusive growth story of the 21st century. Let... Read more
A new report released today (5 September 2018) by the Global Commission on the Economy and Climate finds that we... Read more
Business Green, 31st July 2018 Read more
World Economic Forum, 11 July 2018 Read more
The Guardian, 10 June 2018 Read more
Xinhua China Fortune Media Group, 3 April 2018 Read more
News - 2017
The Guardian, 12 December 2017 Read more
Business Green, 12 December 2017 Read more
La Tribune, 9 December 2017 Read more
Sud Quest, 20 November 2017 Read more
The Guardian, 16 November 2017 Read more
DW.com, 6 November 2017 Read more
Bloomberg, 6 November 2017 Read more
Green economic growth in the only long-term option says Nicholas Stern in this article which looks at how new technologies and innovations may help efforts to tackle climate change. Read more
The whole world would benefit from a clean, green India and can help make it happen says Nicholas Stern. Read more
The Guardian, 28 September 2017 Read more
Professor Lord Nicholas Stern, Chair of the Grantham Research Institute on Climate Change and the Environment spoke at the F20... Read more
ITV News, 1 June 2017 Read more
The Guardian, 29 May 2017 Read more
World Bank Press Release, 23 May 2017 Read more
The Guadian, 20 January 2016 Read more
News - 2016
Professor Lord Stern of Brentford, Chair of the Grantham Research Institute on Climate Change and the Environment and the ESRC... Read more
This commentary is based on presentations made at the 22nd session of the Conference of the Parties (COP22) to the United Nations Framework Convention on Climate Change, which took place in Marrakech Morocco between 7 and 18 November 2016. Read more
Cities that are poorly planned risk leaving humanity with a hostile and potentially deadly climate say Dimitri Zenghelis, Co-Head of Climate Policy and Professor Lord Nicholas Stern in this Guardian commentary. Read more
Video and text of a speech by Professor Lord Nicholas Stern at an event marking the tenth anniversary of the Stern Review on the Economics of Climate Change. The speech focuses on the need to deliver on the global agenda for climate and sustainability over the next 10 years. Read more
The Guardian, 3 September 2016 Read more
CCTV, 05 August Read more
Financial Times, 19 July Read more
Guardian, 14 June Read more
Telegraph, 11 June Read more
Financial Times, 6 June Read more
Financial Times, 3 June Read more
City A.M., 30 June Read more
Guardian, 10 May Read more
BusinessGreen, 22 April Read more
Guardian, 21 April Read more
Independent, 14 April Read more
China Dialogue, 17 March Read more
Economist, 12 March Read more
Washington Post, 7 March Read more
Wall Street Journal, 7 March Read more
Brisbane Times, 8 March Read more
Financial Times, 7 March Read more
Guardian, 7 March Read more
Reuters, 7 March Read more
Financial Times, 1 March Read more
E&T magazine, 26 February Read more
BusinessGreen, 24 February Read more
Nature, 24 February Read more
Reuters, 19 February Read more
BBC, 19 February Read more
Nicholas Stern reflects on how the annual meeting of the World Economic Forum in Davos represented the first step on the way to implementing the Paris Agreement. Read more
Nicholas Stern discusses the Paris climate agreement, the impact of oil price shocks & China on Bloomberg Surveillance. Read more
Hindustan Times, 18 January Read more
BBC, 20 January Read more
Liberation, 12 January Read more
Beijing Review, 24 December Read more
El Pais, 27 December Read more
Virgin Entrepreneur, 29 December Read more
Nature, 16 December Read more
El Pais, 17 December Read more
Nikkei, 16 December This content is no longer available online. Read more
Deutsche Welle, 15 December Read more
Public Radio International, 14 December Read more
News - 2015
The UK should have a safer future as a result of the Paris Agreement that was adopted by more than... Read more
CNBC, 11 December Read more
World Economic Forum, 7 December Read more
Africa Time, 8 December Read more
El Mundo, 4 December Read more
World Economic Forum, 3 December Read more
Le Monde, 3 December Read more
BBC, 4 December Read more
Guardian, 3 December Read more
MSN, 2 December Read more
Independent, 2 December Read more
Holyrood, 3 December Read more
Financial Express, 3 December This content is no longer available online. Read more
City A.M., 1 December Read more
Prospect, 1 December Read more
Quartz, 1 December Read more
Times of India, 2 December Read more
ITV, 30 November Read more
Guardian, 30 November Read more
Europe 1, 30 November Read more
Wales Online, 30 November Read more
Guardian, 1 December Read more
The Gulf, 1 December Read more
Financial Tribune, 1 December Read more
ABC Australia, 1 December Read more
La Tribune, 30 November Read more
Repubblica, 30 November Read more
El Mundo, 30 November Read more
The Conversation (France), 30 November Read more
Huffington Post, 30 November Read more
Financial Times, 30 November Read more
Guardian, 30 November Read more
Financial Times, 27 November Read more
Bloomberg, 26 November Content only available to subscribers Read more