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Professor Markandya
Professor Markandya

Press Release - 16 October 2007

Nobel prize winner speaks of his "delight" at receiving award

Professor Anil Markandya has spoken of his “delight” at learning that his work had shared this year’s Nobel Peace Prize.

Professor Markandya, of the Department of Economics and International Development, is a lead author for the UN’s Intergovernmental Panel on Climate Change, which on Friday was awarded the prize, with former US Vice-President Al Gore.

Professor Markandya worked on the Panel’s Third Assessment Report, with responsibility for costing ways of mitigating the effects of global warming. The IPCC was established in 1988 to give policymakers neutral summaries of the latest expertise on climate change.

In an emailed statement from south east Asia, Professor Markandya said: “The IPCC is a panel of scientists from all disciplines, divided into three groups: the pure science of climate change - group I, the impacts of climate change - group II, and the actions we can take to reduce such impacts by reducing greenhouse gases – group III.

“I was a lead author for one of the chapters of III and a contributing author to a chapter in II. Of course the whole panel is large - over 1000 researchers from all over the world. As a Lead Author I had a fair amount of responsibility in one part of it.

“Of course I am delighted to be recognized for this major work, which will be published in November. It is an award to our community and I very much like that idea about the prize. As the Chair of the IPCC noted, we worked hard and we worked together to undertake a major study, and this will help us influence policy on climate change.”

In their award, the Nobel committee cited Mr Gore’s and the Panel’s “efforts to build up and disseminate knowledge about man-made climate change.”

Professor Markandya, who is currently travelling in south east Asia, taught economics at University College London from 1970 to 1992 and at the Kennedy School of Government, Harvard University, from 1992 to 1996.

In 1996 he joined the University of Bath and teaches courses in microeconomics and quantitative economics. He has worked on environmental economics for 20 years and is an acknowledged expert in the field.

His 1992 work Blueprint for a Green Economy, written with David Pearce and Edward Barbier, changed the way the subject was perceived in the UK.

Professor John Sessions, Head of the Department of Economics and International Development (EID), said: “On behalf of EID, I offer our heartfelt congratulations to Professor Markandya for his part in this wonderful achievement.”

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