The Economics of Biodiversity
05 Aug 2020, 1:00 pm - 2:00 pm BSTRegister
Learn how to incorporate nature into economics and arrest global biodiversity loss.
Hosted by CFA Institute
Unprecedented levels of biodiversity loss globally are placing our livelihoods and economies at risk. Last year, the UK Treasury commissioned Professor Sir Partha Dasgupta, Emeritus Professor of Economics at the University of Cambridge, to lead a global, independent Review on the Economics of Biodiversity. The Review is exploring the sustainability of our engagements with nature: what we take from it, how we transform what we take from and return to it, and why we have disrupted nature’s processes. Join Professor Dasgupta and Sir Roger Gifford, a member of the Review’s Advisory Panel and chairman of the Green Finance Institute, to discuss the Review’s emerging findings and explore how economic actors can better take account of nature in their decision-making to protect and enhance biodiversity and economic prosperity.
CFA Institute members can claim PL credit by providing their CFA Institute ID number when registering.
About the Speaker(s)
Partha Dasgupta leads an independent global review on the economics of biodiversity—the Dasgupta Review—and will report to the UK government in autumn 2020. He is the Frank Ramsey Emeritus Professor of Economics at the University of Cambridge and chair of the Management Board of its Centre for the Study of Existential Risk. Professor Sir Dasgupta is a pioneer in the field of environmental economics. He was named Knight Bachelor by Her Majesty the Queen for services to economics and is a recipient of numerous prizes, including the Blue Planet Prize, which recognises outstanding contributions to the improvement of the global environment.
Roger Gifford is a member of the Dasgupta Review’s Advisory Panel and chair of the Green Finance Institute. Previously, he was chair of the London Green Finance Initiative to further the contribution of the financial sector to the G–20 climate agenda and chair of the UK government’s Green Finance Taskforce. Sir Gifford is also a senior banker at SEB London. He began his career in the financial sector at S. G. Warburg & Co. Prior to his appointment as UK country head, Sir Gifford headed the bank in Japan for six years. He is vice chair of the Association of Foreign Banks and chair of the Advisory Board of the International Business and Diplomatic Exchange.
Tomi Nummela is principal consultant at Mercer. He provides advice on sustainable investment strategies and beliefs, integration of ESG factors, and sustainability trends throughout investment processes to a broad range of institutional asset owners in Europe. Mr. Nummela contributes to new intellectual capital and integration of ESG factors within Mercer and has authored reports on asset owner investment strategies, investment policies, manager selection, and investment practices across asset classes. Previously, he led the Principles for Responsible Investment’s investment practice development work and worked on responsible investment thought leadership at the University of Cambridge. Before moving to the responsible investment field, Mr. Nummela worked for over a decade in investment banking in capital market roles at Société Générale, ABN AMRO Rothschild, and ABN AMRO. He is a Chartered Alternative Investment Analyst and earned a master’s degree in finance from his native Finland and an MBA in CSR.