The Global Deal Climate Change and the Creation of a New Era of Progress and Prosperity 

by Nicholas Stern

Chair: 
Hartwig Schafer, Director, Strategy and Operations, Sustainable Development Network, World Bank

Discussant: 
Marianne Fay, Co-Director, World Development Report 2010, World Bank

The Global Deal evaluates the economic future and the essential steps we must take to protect growth and reduce poverty while managing climate change.  The future Stern outlines is optimistic and pragmatic; he believes we have the capacity and creativity to change.  But we need the will to inspire our politicl leaders to drive a new global strategy.

AUTHOR
Nicholas Stern
Professor in Economics and Government & Chair
Grantham Research Institute on Climate Change, London School of Economics and Political Science

Mr. Stern is the IG Patel Chair and Chairman of the Grantham Research Institute on Climate Change and the Environment, and Director of the India Observatory at the London School of Economics and Political Science. As Baron Stern of Brentford, he is a member of the UK House of Lords. He was Chief Economist and Senior Vice President of the World Bank from 2000-2003, head of the UK Government Economic Service from 2003-2007, and head of the Stern Review on the Economics of Climate Change from 2005-2007. His career from 1970 to 1994 was as an academic economist, including teaching and research positions in MIT. His research and publications have focused on the economics of climate change, economic development and growth, economic theory, tax reform, public policy, and the role of state and economies in transition.

CHAIR
Hartwig Schafer
Director, Strategy and Operations, Sustainable Development Network, World Bank

Mr. Schafer, a German national, has worked for over 18 years in professional and managerial positions in the World Bank and the European Commission. He is currently Director of Strategy and Operations in the Sustainable Development (SDN) Network Vice Presidency. Previously , Mr. Schafer held the position of Director for Operations and Strategy in the Africa Regional Vice President's Office overseeing the implementation of the Africa Action Plan, which focused on scaling up development impact across the Sub-Saharan Africa. He also has served as Country Director for Malawi, Zambia and Zimbabwe and was Chief Administrative Officer for the Africa Region.

DISCUSSANT
Marianne Fay
Co-Director, World Development Report 2010, World Bank

Ms. Fay is the co-director of the World Development Report 2010 on climate change. Prior to this, she was a Lead Economist in the Office of the Chief Economist for Eastern Europe and Central Asia, where she worked on infrastructure and more recently, adaptation to climate change. She previously was the Lead Economist for the Finance, Infrastructure, and Private Sector Development Department of the Latin America and the Caribbean Region at the World Bank. She has also worked on energy and urbanization in Sub-Saharan Africa. Her research has mostly focused on the role of infrastructure and urbanization in development, and more recently on urban poverty issues. She is the author of a number of articles on these topics and has recently published books on The Urban Poor in Latin America and Infrastructure in Latin America.
 

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