Grantham Research Institute on Climate Change and the Environment

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The Grantham Research Institute on Climate Change and the Environment is a research institute founded in May 2008 at the London School of Economics and Political Science.[1]

Description

The centre is a partner of the Grantham Institute for Climate Change at Imperial College and acts as an umbrella body for LSE's overall research contributions to the field of climate change and its impact on the environment. Furthermore, the institute oversees the activities of the Centre for Climate Change Economics and Policy (CCCEP),[2] a partnership between LSE and the University of Leeds.

The institute is chaired by Lord Nicholas Stern of Brentford, former Chief Economist of the World Bank and author of the widely known Stern Review.[3] Bob Ward is the policy and communications director.

History

Both Grantham research centres are sponsored through the Grantham Foundation for the Protection of the Environment, established by Hannelore and Jeremy Grantham in 1997.[4] The combined investments totalling approximately £24 million is recognised as one of the largest private contributions to climate change research. CCCEP is funded independently by the ESRC.

In September 2015, the institute hosted an Open Energy Modelling Initiative workshop.

In October 2021, the institute published a working paper by Nicholas Stern stating that economists had grossly undervalued young lives.[5]

In April 2026, the institute published an analysis suggesting that climate change has reduced the low-income and lower-middle-income countries GDP between 4% and 12%.[6]

Research

The research of the institute is characterised by its interdisciplinary nature and brings together international expertise on economics, finance, geography, the environment, international development and political economy, as the centre's academic staff comprise a broad range of disciplines, including physicists, climatologists, economists, statisticians, political scientists and various other social scientists.

References

  1. "The London School of Economics to Establish the Grantham Research Institute on Climate Change and the Environment". MaximsNews. 20 May 2008. Archived from the original on 21 June 2013.
  2. "Centre for Climate Change Economics and Policy". Retrieved 10 May 2019.
  3. Black, Richard (16 March 2010). "Copenhagen climate summit undone by 'arrogance'". BBC News. Retrieved 12 August 2021.
  4. "Grantham Foundation - Home". www.granthamfoundation.org. Retrieved 10 May 2019.
  5. Stern, Nicholas (26 October 2021). A time for action on climate change and a time for change in economics — Working paper 370 (PDF). London, United Kingdom: Grantham Research Institute on Climate Change and the Environment. ISSN 2515-5717. Retrieved 26 October 2021.
  6. "Countries will suffer significant economic damage over next 25 years without investments in resilience against climate change impacts". Grantham Research Institute on climate change and the environment. Retrieved 20 June 2026.

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