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Lord Nicholas Stern, is former chief economic advisor to the UK government. He was also the chief economist and Senior Vice-President of the World Bank from 2000 to 2003. Lord Stern played a key role in Europe’s economic development as the chief economist and senior advisor to the Director of the European Bank for Reconstruction and Development.
The Stern Review was announced by the Chancellor of the Exchequer in 2005. The Review set out to provide a report to the Prime Minister and Chancellor assessing the nature of the economic challenges of climate change and how they can be met, both in the UK and globally.
In 2009, he launched a new UK research centre, designed to undertake world-leading research on the economics and policy implications presented by climate change. Nicholas Stern became Lord Stern of Brentford in December 2007, when he was appointed to the House of Lords as a non-party-political peer.
Lord Stern was a lecturer at Cambridge University from 1970 to 1977, and served as a Professor of Economics at the University of Warwick from 1978 to 1987. He taught from 1986 to 1993 at the London School of Economics, becoming the Sir John Hicks Professor of Economics.
In his speeches Lord Stern outlines building an economic climate that facilitates investment and growth, and empowering companies and individuals to participate in that growth. He also examines in depth the far reaching economic implications of climate change and offers organisations his valuable insights into the short and longer term effects of global warming on the business world. He has been active in the call for developed nations to combat their greenhouse gas emissions. Alongside the likes of Lord O’Donnell, he co-authored the Global Apollo Programme which is a lengthy report detailing an argument for developed nations to spend a proportion of their GDP on combating climate change.
In his insightful presentations Lord Nicholas Stern provides an unparalleled level of in-depth analysis into all facets of the world’s current economic landscape He clarifies complex economic issues and looks not only at the factors affecting today’s global markets but also at the factors which will affect organizations and global markets in the long term. Between 2013 and 2017 Lord Stern was President of the British Academy.
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