Every day, we use materials from the earth without thinking, for free. But what if we had to pay for their true value: would it make us more careful about what we use and what we waste? Think of Pavan Sukhdev as nature’s banker — assessing the value of the Earth’s assets. Eye-opening charts will make you think differently about the cost of air, water, trees ..
About the author
Pavan Sukhdev is Founder-CEO of GIST Advisory, a consulting collaborative that evaluates performance – including externalities – for governments, businesses, and NGO’s. Pavan was awarded Yale University’s 2011 McCluskey Fellowship, and he wrote his book “Corporation 2020” while teaching at Yale in 2011-12. Based on his book, his campaign “Corporation 2020” (launched at Rio+20) envisions the corporation of the future- one with positive rather than negative externalities- and presents action plans for rapid reforms to transform today’s business for tomorrow’s world. Earlier, Pavan was appointed Study Leader for the G8+5 commissioned project “TEEB” (The Economics of Ecosystems and Biodiversity), a global study of the economic benefits of ecosystems and the social and economic consequences of their loss and degradation.
A career banker, Pavan delivered TEEB’s Interim Report (2008) whilst still working full time as a Managing Director at Deutsche Bank, where his last assignment was to set up a leading front-office offshoring operation for their Global Markets division. He then joined UNEP to lead the writing of TEEB’s Final Report suite and to head UNEP’s ‘Green Economy Initiative’. “Environmental Finance” magazine selected Pavan as their “Personality of the Year” for 2010. The Institute of Ecology and Environmental Management (IEEM), UK, awarded Pavan their 2011 Medal. In 2012, UNEP appointed Pavan their “Goodwill Ambassador” for his continuing work on promoting TEEB and Green Economy. Pavan was one of two joint winners of the 2013 “Gothenburg Award for Sustainable Development”, for his work on bringing policy recognition for valuing nature’s services.