{"id":2336,"date":"2014-03-13T15:21:04","date_gmt":"2014-03-13T15:21:04","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=profile&#038;p=2336"},"modified":"2025-11-18T14:00:07","modified_gmt":"2025-11-18T14:00:07","slug":"nicholas-stern","status":"publish","type":"profile","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/profile\/nicholas-stern\/","title":{"rendered":"Nicholas Stern"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p>Lord Stern has been Chair of the Grantham Research Institute since it was founded in 2008.<\/p>\n<p>He also holds the following positions:<\/p>\n<ul>\n<li>IG Patel Professor of Economics and Government at the LSE<\/li>\n<li>Co-founder and Chair of the <a id=\"OWAf011c979-1506-bb9a-9ae2-d51bca1ea805\" class=\"OWAAutoLink\" title=\"https:\/\/www.lse.ac.uk\/global-school-of-sustainability\" href=\"https:\/\/www.lse.ac.uk\/global-school-of-sustainability\">Global School of Sustainability at LSE<\/a><\/li>\n<li>Director of the <a class=\"link link--external\" title=\"India Observatory\" href=\"https:\/\/www2.lse.ac.uk\/asiaResearchCentre\/countries\/india\/Home.aspx\" aria-describedby=\"link-description-new-window\" target=\"_blank\" rel=\"noopener\">India Observatory&#65279;<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 16 16\" role=\"img\" aria-hidden=\"true\"><path d=\"M14.42 1.04L3.2.7a.8.8 0 00-.8.76v.1a.8.8 0 00.76.7l9.39.3L.93 14.16c-.3.3-.3.8 0 1.1l.09.08c.3.23.73.2 1.01-.07L13.65 3.65l.29 9.4a.8.8 0 00.8.76.79.79 0 00.77-.8L15.17 1.8a.82.82 0 00-.75-.76z\" fill=\"#2e3152\"><\/path><\/svg><\/a><\/li>\n<li>Past President of the <a class=\"link link--external\" href=\"https:\/\/www.res.org.uk\/view\/index.html\" aria-describedby=\"link-description-new-window\" target=\"_blank\" rel=\"noopener\" title=\"\">Royal Economic Society&#65279;<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 16 16\" role=\"img\" aria-hidden=\"true\"><path d=\"M14.42 1.04L3.2.7a.8.8 0 00-.8.76v.1a.8.8 0 00.76.7l9.39.3L.93 14.16c-.3.3-.3.8 0 1.1l.09.08c.3.23.73.2 1.01-.07L13.65 3.65l.29 9.4a.8.8 0 00.8.76.79.79 0 00.77-.8L15.17 1.8a.82.82 0 00-.75-.76z\" fill=\"#2e3152\"><\/path><\/svg><\/a><\/li>\n<li>Past President of the <a class=\"link link--external\" href=\"https:\/\/www.britac.ac.uk\/\" aria-describedby=\"link-description-new-window\" target=\"_blank\" rel=\"noopener\" title=\"\">British Academy&#65279;<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 16 16\" role=\"img\" aria-hidden=\"true\"><path d=\"M14.42 1.04L3.2.7a.8.8 0 00-.8.76v.1a.8.8 0 00.76.7l9.39.3L.93 14.16c-.3.3-.3.8 0 1.1l.09.08c.3.23.73.2 1.01-.07L13.65 3.65l.29 9.4a.8.8 0 00.8.76.79.79 0 00.77-.8L15.17 1.8a.82.82 0 00-.75-.76z\" fill=\"#2e3152\"><\/path><\/svg><\/a><\/li>\n<li>Past President of the <a class=\"link link--external\" href=\"https:\/\/www.eeassoc.org\" aria-describedby=\"link-description-new-window\" target=\"_blank\" rel=\"noopener\" title=\"\">European Economic Association&#65279;<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 16 16\" role=\"img\" aria-hidden=\"true\"><path d=\"M14.42 1.04L3.2.7a.8.8 0 00-.8.76v.1a.8.8 0 00.76.7l9.39.3L.93 14.16c-.3.3-.3.8 0 1.1l.09.08c.3.23.73.2 1.01-.07L13.65 3.65l.29 9.4a.8.8 0 00.8.76.79.79 0 00.77-.8L15.17 1.8a.82.82 0 00-.75-.76z\" fill=\"#2e3152\"><\/path><\/svg><\/a><\/li>\n<li>Fellow of the <a class=\"link link--external\" href=\"https:\/\/royalsociety.org\/\" aria-describedby=\"link-description-new-window\" target=\"_blank\" rel=\"noopener\" title=\"\">Royal Society&#65279;<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 16 16\" role=\"img\" aria-hidden=\"true\"><path d=\"M14.42 1.04L3.2.7a.8.8 0 00-.8.76v.1a.8.8 0 00.76.7l9.39.3L.93 14.16c-.3.3-.3.8 0 1.1l.09.08c.3.23.73.2 1.01-.07L13.65 3.65l.29 9.4a.8.8 0 00.8.76.79.79 0 00.77-.8L15.17 1.8a.82.82 0 00-.75-.76z\" fill=\"#2e3152\"><\/path><\/svg><\/a><\/li>\n<li>Co-Chair, <a class=\"link link--external\" href=\"https:\/\/newclimateeconomy.net\/\" aria-describedby=\"link-description-new-window\" target=\"_blank\" rel=\"noopener\" title=\"\">Global Commission on the Economy and Climate&#65279;<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 16 16\" role=\"img\" aria-hidden=\"true\"><path d=\"M14.42 1.04L3.2.7a.8.8 0 00-.8.76v.1a.8.8 0 00.76.7l9.39.3L.93 14.16c-.3.3-.3.8 0 1.1l.09.08c.3.23.73.2 1.01-.07L13.65 3.65l.29 9.4a.8.8 0 00.8.76.79.79 0 00.77-.8L15.17 1.8a.82.82 0 00-.75-.76z\" fill=\"#2e3152\"><\/path><\/svg><\/a><\/li>\n<li><span style=\"font-size: inherit;\">Chair of the Board, <a class=\"link link--external\" href=\"https:\/\/www.systemiq.earth\" aria-describedby=\"link-description-new-window\" target=\"_blank\" rel=\"noopener\" title=\"\">SYSTEMIQ&#65279;<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 16 16\" role=\"img\" aria-hidden=\"true\"><path d=\"M14.42 1.04L3.2.7a.8.8 0 00-.8.76v.1a.8.8 0 00.76.7l9.39.3L.93 14.16c-.3.3-.3.8 0 1.1l.09.08c.3.23.73.2 1.01-.07L13.65 3.65l.29 9.4a.8.8 0 00.8.76.79.79 0 00.77-.8L15.17 1.8a.82.82 0 00-.75-.76z\" fill=\"#2e3152\"><\/path><\/svg><\/a><\/span><\/li>\n<li><span style=\"font-size: inherit;\">Friend of <a class=\"link link--external\" href=\"https:\/\/ukcop26.org\" aria-describedby=\"link-description-new-window\" target=\"_blank\" rel=\"noopener\" title=\"\">COP26&#65279;<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 16 16\" role=\"img\" aria-hidden=\"true\"><path d=\"M14.42 1.04L3.2.7a.8.8 0 00-.8.76v.1a.8.8 0 00.76.7l9.39.3L.93 14.16c-.3.3-.3.8 0 1.1l.09.08c.3.23.73.2 1.01-.07L13.65 3.65l.29 9.4a.8.8 0 00.8.76.79.79 0 00.77-.8L15.17 1.8a.82.82 0 00-.75-.76z\" fill=\"#2e3152\"><\/path><\/svg><\/a><\/span><\/li>\n<\/ul>\n<h3>Background<\/h3>\n<p>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 &ndash; 2017, and was elected Fellow of the Royal Society in 2014.<\/p>\n<p>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 Coll&egrave;ge de France in Paris, the Indian Statistical Institute in Bangalore and Delhi, and the People&rsquo;s University of China in Beijing.<\/p>\n<p>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.<\/p>\n<p>He was Second Permanent Secretary to Her Majesty&rsquo;s Treasury from 2003-2005; Director of Policy and Research for the Prime Minister&rsquo;s Commission for Africa from 2004-2005; Head of the <strong><a href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/the-economics-of-climate-change-the-stern-review\/\">Stern Review on the Economics of Climate Change<\/a><\/strong>, published in 2006; and Head of the Government Economic Service from 2003-2007.<\/p>\n<p>He was knighted for services to economics in 2004, made a cross-bench life peer as <a class=\"link link--external\" href=\"https:\/\/members.parliament.uk\/member\/3846\/contact\" aria-describedby=\"link-description-new-window\" target=\"_blank\" rel=\"noopener\" title=\"\">Baron Stern of Brentford&#65279;<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 16 16\" role=\"img\" aria-hidden=\"true\"><path d=\"M14.42 1.04L3.2.7a.8.8 0 00-.8.76v.1a.8.8 0 00.76.7l9.39.3L.93 14.16c-.3.3-.3.8 0 1.1l.09.08c.3.23.73.2 1.01-.07L13.65 3.65l.29 9.4a.8.8 0 00.8.76.79.79 0 00.77-.8L15.17 1.8a.82.82 0 00-.75-.76z\" fill=\"#2e3152\"><\/path><\/svg><\/a> 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 &ldquo;Why are We Waiting? The Logic, Urgency and Promise of Tackling Climate Change&rdquo;.<\/p>\n<p><strong>Awards and Prizes<\/strong><\/p>\n<p>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.<\/p>\n<h3>&nbsp;Research interests<\/h3>\n<ul>\n<li>The economics of climate change;<\/li>\n<li>Economic development and growth;<\/li>\n<li>Economic theory;<\/li>\n<li>Tax reform;<\/li>\n<li>Public policy;<\/li>\n<li>The role of the state and economies in transition.<\/li>\n<\/ul>\n<h3>Contact:<\/h3>\n<p>General enquiries:<\/p>\n<ul>\n<li>Eva Lee, Executive Officer: <a href=\"mailto:e.lee4@lse.ac.uk\">e.lee4@lse.ac.uk<\/a><\/li>\n<\/ul>\n<p>Media requests:<\/p>\n<ul>\n<li><a title=\"Bob Ward\" href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/profile\/bob-ward\/\">Bob Ward<\/a>, Policy &amp; Communications Director: +44 (0) 20 7107 5413<\/li>\n<\/ul>\n\n","protected":false},"excerpt":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p>Lord Stern has been Chair of the Grantham Research Institute since it was founded in 2008. 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