TEEB Study Leader

Pavan-SukhdevPavan Sukhdev is the founder and author of “Corporation 2020”, a campaign and a book which envisions tomorrow’s corporation, and shows how corporations and society can and should work together to achieve common goals and build a green economy. In this book, Pavan brings to bear his 25 years of financial markets experience as well as his recent work on environmental economics & the green economy.

Pavan wrote this book at Yale University, where he is a Visiting Fellow, and where he was awarded the McCluskey Fellowship for 2011 in order to write “Corporation 2020” and create a graduate course on TEEB. (Earlier McCluskey Fellows included Nobel Laureates Wangari Maathai and Dr. Rajendra Pachauri). He is a Goodwill Ambassador for UNEP.

Until March 2011, Pavan was Special Adviser and Head of UNEP’s Green Economy Initiative, a major UN project suite to demonstrate that the greening of economies is not a burden on growth but rather a new engine for growing wealth, increasing decent employment, and reducing persistent poverty. This project published its final report in February 2011, “Towards a Green Economy”, which was widely appreciated by governments in both developed and developing nations.

Pavan was also Study Leader for the groundbreaking “TEEB” study (The Economics of Ecosystems and Biodiversity) commissioned by G8+5 and later hosted by UK. He was appointed to lead this major project in March 2008 while still at Deutsche Bank. Under his leadership, TEEB sized the global problem of biodiversity loss and ecosystem degradation in economic and human welfare terms, and proposed solutions targeted at policy-makers, administrators, businesses and citizens. TEEB presented its widely acclaimed Final Report suite at the UN meeting by CBD in Nagoya, Japan, and the approach is already seeing endorsement & traction in Brazil, India, Germany, Norway, EU and elsewhere.

An international banker, Pavan Sukhdev worked with Deutsche Bank for 14 years and then took sabbatical leave to lead two major environmental projects “TEEB” and UNEP’s “Green Economy Initiative”. While at Deutsche Bank in India, Pavan founded and later chaired GMC (Global Markets Centre), Mumbai, the division’s global front-office off-shoring vehicle in Mumbai. “GMC Mumbai”, a dedicated global hub for global markets front-office off-shoring activity, was a market first of its kind and does leading-edge front-office work, seamlessly integrated with Global Markets hubs, and highly successful and appreciated by teams in London, New York and elsewhere. In response to the quality of its services, GMC Mumbai grew in strength to over 400 during Pavan’s time. It is being used by Deutsche Bank’s originations, derivatives structuring, trading and distribution teams in equities, credit, fixed income and foreign exchange around the globe.

Earlier assignments at Deutsche Bank included being COO for the bank’s global Emerging Markets business (2003-2005), based in London, and as Head of Money Markets for Asia Pacific, based in Singapore (2001-2003).

Pavan chaired the World Economic Forum’s “Global Agenda Council” on Ecosystems & Biodiversity, 2009-2011, and was a speaker at Davos in 2010 and 2011. He serves on the Boards of Conservation International (a leading conservation NGO), Global Reporting Initiative (GRI), Gulbenkian Oceans Initiative (GOI) and Stockholm Resilience Centre (a world leader in research on ecosystems and biodiversity).

Environmental Finance” selected Pavan as their “Personality of the Year” for 2010. The Institute of Ecology and Environmental Management (IEEM) have awarded Pavan their 2011 Medal. Pavan is also one of the recipients of the 2013 Gothenburg Award for Sustainable Development, where he has been recognised for his work in the area of ‘Nature’s services and ingenious solutions’.

“Corporation 2020” launched globally in September 2012 and since then Pavan has been begun campaigning not only to promote the ideals of his book but also his new consulting collaborative “GIST Advisory”, which is well on its way to becoming a world-class provider of environmental risk and life-cycle assessments as well as “Green Accounting” for governments and corporations.

Latest Publications

TEEBAgriFood Interim Report

The Interim Report introduces the key questions, issues and arguments to be addressed by TEEBAgriFood.

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Towards TEEBAgriFood

TEEB is bringing together economists, business leaders, agriculturalists and experts in biodiversity and ecosystem services to systematically review the economic interdependencies between agriculture and natural ecosystems, and provide a comprehensive economic valuation of eco-agri-food systems. Alexander Müller, TEEB for Agriculture & Food…

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TEEB Challenges and Responses

TEEB ‘s progress, challenges and responses towards mainstreaming the economics of nature. [ENG] [ESP]

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TEEB for Agriculture & Food Concept Note

February 2014- The Concept Note presents the case for and proposed outline content of a TEEB for Agriculture & Food study.

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Natural Capital Accounting and Water Quality: Commitments, Benefits, Needs and Progress

December 2013 – The briefing note outlines existing guidance and examples on water quality accounting and identifies the ongoing challenges related to the development of natural capital accounting and water quality accounting. Inspired by the growing global focus on natural capital accounting, the note identifies the ongoing challenges related to the development of natural capital accounting and water quality accounting, in order to encourage debate and commitment towards effective water and biodiversity policy.

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