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Economist Lord Stern to Receive Top Energy Policy Prize

Published/Broadcast 20 January 2022

The Kleinman Center for Energy Policy at the University of Pennsylvania announced this year's recipient of its 2022 Carnot Prize. Lord Nicholas Stern, professor at the London School of Economics and Political Science (LSE), author of the groundbreaking Stern Review on the Economics of Climate Change, and former chief economist and senior vice president of the World Bank will accept the award at a ceremony at the University of Pennsylvania this April.

The Carnot Prize is the University's award given to those who make distinguished contributions to energy policy and over the last seven years has become perhaps the most notable annual recognition of energy policy impact by leaders around the world and across all sectors.

About the prize, Nicholas Stern said: "The Carnot Prize is a great honor for which I am very grateful. It is a privilege to join the very distinguished group of past recipients. The opportunities in transforming our energy systems changed enormously for the better in the last 15 years or so. They are at the center of a new approach to growth which can carry tremendous benefits in human wellbeing across the board. And they were quite rightly at the heart of the deliberations at COP26 in November 2021 in Glasgow. I am looking forward very much to being at the University of Pennsylvania in April."

Find out more from the Kleinman Center for Energy Policy website.