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Pavan Sukhdev

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Biography

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Pavan Sukhdev is the founder and CEO of GIST Advisory, a consulting company that supports governments and corporations all around the world in identifying, measuring, evaluating and managing their impacts on human and natural capital.

Born and raised in New Delhi he studied and graduated there in 1981. With a scholarship he received in the same year he started to study physics at Oxford University . Since his early childhood he started admiring nature also due to India’s various landscapes. After he read the book "Plan for a Green Economy" by Professor David Pearce he unrolled his interest for sustainable and green economies.

His work with the finance market started with the ANZ Bank(1983-1994) in India and London. In 1994 he began his work relationship with the Deutsche Bank which lasted 14 years. There he was in charge as director of the Global Markets Division, Chief Operating Officer for the markets in Asia located in Singapore (2001-2003) and CCO for the business in global emerging markets in London (2003-2005). During this time he founded and has been president of the Global Markets Center.

In March 2008 he was chosen by the G8 +5 to direct the TEEB ( The Economics of Ecosystems & Biodiversity) where he dimensioned the problem of worldwide loss of biodiversity, degradation of the ecosystems regarding economic and human wellbeing and the proposed solutions addressed to the responsible politicians, administrators, companies and citizens in particular. As a result, TEEB presented its report at the reunion of the UNO in Nagoya, Japan.

As Special Adviser and head of the Initiative for a Green Economy of UNEP he published the final report "For a Green Economy" in February 2011 which purpose was demonstrating that the greening of the economies is not a burden for growth, but a new impulse for the growth towards wealth.

Pavan was president of the "Global Agenda Council" of the World Economic Forum for Ecosystems and Biodiversity (2009-2011) and was an orator in Davos in 2010 and 2011. He is a member of the Joined Directives of Conservation International and the Stockholm Resilience Centre.

In 2010 he was elected "Person of the Year" by "Environmental Finance" and in 2011 the CIEEM awarded him with its annual medal in recognition of his achievements as leader of the TEEB.

Currently he is a Professor at Yale University, USA where he was awarded with the McCluskey scholarship in 2011.

In 2010 “Environmental Finance” announced him as “Person of the Year”, in 2011he received the Annual Medal of the “Institute for Ecology and Environment Management” (CIEEM) in recognition of his management as leader of the TEEB studies and in 2012 he was appointed by the United Nations Program for the Environment as "Goodwill Ambassador" with the premise that "with over 30 years of experience in banking, markets and the growing field of valuing natural capital, Mr. Sukhdev is strongly positioned to generate considerable support and awareness in business and finance for UNEP's work on the Green Economy", how it was assured by UN Under-Secretary General and UNEP Executive Director Achim Steiner.

His book Corporation 2020 suggests that companies have to operate in a sustainable way by accomplishing the actual necessities without putting at risk the capacity of future generations and furthermore these companies have to manage the corporations in a participatory, transparent, ethical and responsible way. This book has been translated into Spanish, Portuguese, German and many more languages.