Amar Bhattacharya is a Visiting Professor in Practice at the Grantham Research Institute at LSE. Amar will be working closely with Lord Stern and his team on international finance, climate action and sustainable growth, as well as economic and climate policies in India. He will co-lead joint projects between the Institute and Brookings Institution.
Amar is a senior fellow in the Center for Sustainable Development, housed in the Global Economy and Development program at Brookings Institution. From April 2007 until September 2014 he was Director of the Group of 24, an intergovernmental group of developing country Finance Ministers and Central Bank Governors.
Prior to taking up his position with the G24, Amar had a long-standing career in the World Bank. His last position was as Senior Advisor and Head of the International Policy and Partnership Group. In this capacity, he was the focal point for the Bank’s engagement with key international groupings and institutions such as the G7/G8, G20, IMF, OECD and the Commonwealth Secretariat.
Amar completed his undergraduate studies at the University of Delhi and Brandeis University and his graduate education at Princeton University.
- the global economy
- development finance
- global governance
- links between climate and development.
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 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
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
Policy - 2021
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
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
Policy - 2020
Amar Bhattacharya, Richard Calland (Co-Chairs); Alina Averchenkova, Lorena Gonzalez, Leonardo Martinez-Diaz And Jerome Van Rooij. UN, 2020. External link to... Read more
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
Policy - 2015
Paper produced with The Brookings Institute and The New Climate Economy The U.N. Conference on Financing for Development at Addis... Read more
News - 2023
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
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
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 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
Strong recovery packages from COVID-19 that also lay the foundations for a sustainable transformation must remain at the top of Finance Ministers’ agendas, argue Amar Bhattacharya and Anika Heckwolf. Read more
News - 2021
News - 2020
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
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