Lecture:
Pavan Sukhdev is the Project Leader for UNEP’s “Green Economy” initiative, a major UNEP project suite to demonstrate that the greening of economies is not a burden on growth but rather a new engine for growth, employment, and the reduction of persistent poverty. Pavan is also Study Leader for the G8+5 commissioned report on The Economics of Ecosystems and Biodiversity (“TEEB”), a project he was appointed to lead in March 2008 by the EU Commission and Germany whilst still working full time at Deutsche Bank. TEEB’s Interim Report was welcomed globally for its fresh economic outlook, showing the economic significance of the loss of nature’s services, and connecting biodiversity and ecosystems with ethics, equity, and the alleviation of poverty.
As a career banker, Pavan Sukhdev continues to be Chairman of Deutsche Bank’s Global Markets Centre Mumbai (“GMC Mumbai”), whilst on sabbatical from the Bank for two years to conduct his environmental projects “TEEB” and “Green Economy”. GMC Mumbai is the division’s dedicated global hub for “front-office off-shoring”, a market first of its kind which he had founded in February 2006.
Until August 2008, he was the Head of Deutsche Bank’s Global Markets business in India, including its Fixed Income and Equities divisions and GMC Mumbai. From 2006 to 2008, he led the build-out of Deutsche Bank’s Global Markets presence in India into a veritable powerhouse, spanning capital markets origination, trading and sales, a fixed income primary dealership, a market-leading equities institutional brokerage, a newly formed Non-banking Finance Company and also GMC Mumbai.
Pavan pursues long-standing interests in environmental economics and in nature conservation through his work with the Green Indian States Trust (GIST) and other NGO’s. GIST has researched, developed and published methodology & empirical work on preparing comprehensive ‘Green Accounts’ for India and its States, a first among developing countries.