Professor Markandya is an environmental economist who has worked in this field for over thirty years and is acknowledged as one of the leading authorities. He graduated from the London School of Economics with a Master of Science in Econometrics in 1968 and was awarded his Ph.D on the Economics of the Environment in 1974. Since then he has divided his time between academic and advisory work. On the academic side he has published widely in the areas of climate change, environmental valuation, environmental policy, energy and environment, green accounting, macroeconomics and trade. Some of his best known works include, ‘Blueprint for a Green Economy’, ‘Green Accounting in Europe’, ‘Reconciling Trade and Development’ and ‘Cleaning the Ganges’. He has held academic positions at the universities of Princeton, Berkeley and Harvard in the US and at University College London and Bath University in the UK. He was a lead author for one of the Chapters of the 3rd Assessment Report on Climate Change published by Cambridge University Press in 2001. He holds a chair of economics at the University of Bath in the UK (currently on leave) and is a program leader for the Fondazione Eni Enrico Mattei in International Energy Markets.
Professor Markandya has been an advisor to many national and international organisations, including all the international development banks, UNDP, the EU and the governments of India and the UK. At the World Bank, where he is a Lead Advisor, he has worked closely with many governments in Central Europe and the Former Soviet Union on Environmental and Energy Policy.