Lord Turner today announced that he is standing down as Chair of the Committee on Climate Change (CCC) from spring 2012 in order to focus on his role as Chair of the Financial Services Authority (FSA). Lord Turner has been Chair of the Committee since it was set up in 2008, and has been influential in guiding its analysis and in encouraging Government to strengthen its approach to tackling climate change. Since 2010, he has combined this role with his full-time role as Chair of the FSA.
Notable achievements during his time leading the Committee include the acceptance by Government of the CCC’s proposed 2050 target to tackle climate change, the passing of the UK’s first three carbon budgets into legislation (2008) then the fourth budget (2011), and recommendations made on electricity market reform which have been taken forward by Government.
Lord Turner said:
“Chairing the CCC for the first 4 years of its existence has been both a pleasure and an honour. The Committee has a vital role in ensuring that the UK commits to and sticks to a feasible path towards a low carbon economy, making a fair contribution to reducing global emissions and reducing the dangers of harmful climate change. We have achieved a lot in these first 4 years: that reflects the hard work, commitment and expertise of all the members of the Committee and of the secretariat which has supported it. I will miss working with them, but know that they will ensure the Committee’s success in future”.
David Kennedy, Chief Executive of the CCC said:
“Adair has inspired members of the Committee and the Secretariat over the last four years. His intellectual vision and broader leadership qualities have been crucial in establishing us as an independent and authoritative organisation in the area of UK climate change policy. He has remained fully dedicated to our work here, notwithstanding his very demanding role at the FSA. We are very grateful to Adair for his huge efforts on our behalf and are very sad to see him go”.
Energy and Climate Change Secretary Chris Huhne said:
“Lord Turner has brought invaluable economic insight to the climate change debate. He will leave the Committee on Climate Change with a strong legacy based on credible, evidence based analysis, which is a great credit to him. We have been lucky to have had the benefit of his experience and I am grateful for the work he has done.”
The Department for Energy and Climate Change have begun the process of recruitment to select a new Chair for the CCC as well as another Committee member to replace Professor Michael Grubb who left in April 2011. Both posts will be recruited by executive search firm Odgers Berndtson through open and fair competition. The new Chair is expected to be appointed by end March 2012.
Notes to Editors:
- The position of Chair of the Committee on Climate Change & member of the Committee are being recruited by executive search firm Odgers Berndtson
- Links to the job advertisements are available on the CCC website
- Biography – Lord Turner – Adair Turner was appointed Chair of the CCC in January 2008. He was appointed FSA Chairman in September 2008. He has combined careers in business, public policy and academia. He is a Visiting Professor at the London School of Economics and at Cass Business School, City University. He became a cross-bench member of the House of Lords in 2005. He was Chairman of the Pensions Commission from 2003 – 2006, and of the Low Pay Commission from 2002 – 2006. His book ‘Just Capital – The Liberal Economy’, was published by Macmillan in 2001. Until September 2008 Lord Turner was a non-executive Director at Standard Chartered Bank; from 2000-2006 he was a Senior Adviser, Vice-Chairman of Merrill Lynch Europe, and from 1995-99, Director General of the Confederation of British Industry. Prior to that, he was with McKinsey and Company from 1982-95, and between 1992-1995, built McKinsey’s practice in Eastern Europe and Russia. He was previously Chair of the Overseas Development Institute. Lord Turner studied History and Economics at Gonville and Caius College, Cambridge from 1974-78, and he was a college supervisor in economics at Caius from 1979-82, teaching part time in parallel with his business career. He was, until appointed at the FSA, a trustee of Save the Children UK, and has been a trustee of WWF UK.
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