Pavan Sukhdev is McCluskey Fellow, 2011, at Yale University (earlier McCluskey Fellows included Nobel Laureate Wangari Maathai, and Dr. Rajendra Pachauri). Whilst at Yale, he is writing “Corporation 2020”, 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 hisrecent work on environmental economics & the green economy.
Until March this year, 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 UNEP. 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) 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.
After “Corporation 2020” is released (planned for Rio+20) Pavan plans to grow his new consulting collaborative “GIST Advisory” into a world-class provider of environmental risk and life-cycle assessments as well as “Green Accounting” for governments and corporations.