Geoffrey Heal Headshot

Geoffrey Heal

Donald C. Waite III Professor of Social Enterprise in the Faculty of Business and Professor of International and Public Affairs

Geoffrey Heal Headshot

Uris Hall, Room 320

212-854-6459


Personal Details

Focus areas: Economic theory, resource and environmental economics

Geoffrey Heal, Donald C. Waite III Professor of Social Enterprise and Professor of International and Public Affairs, is noted for contributions to economic theory and resource and environmental economics. He holds bachelors (first class), masters and doctoral degrees from Cambridge University, where he studied at Churchill College and taught at Christ’s College. He has also taught at Sussex, Essex, Yale, Stanford, École Polytechnique, Stockholm and Princeton. He holds an Honorary Doctorate from the Universite´ de Paris Dauphine.

Author of eighteen books and about two hundred articles, Professor Heal is a Fellow of the Econometric Society, past Managing Editor of the Review of Economic Studies, Past President of the Association of Environmental and Resource Economists, recipient of its prize for publications of enduring quality and a Life Fellow, recipient of the 2013 Best Publication Prize of the European Association of Environmental and Resource Economists, a Director of the Union of Concerned Scientists and a founder and Director and chairman of the Board of the Coalition for Rainforest Nations, developers of the REDD policy for reducing deforestation by awarding carbon credits for forest conservation. Recent books include Nature and the Marketplace, Valuing the Future, When Principles Pay and Whole Earth Economics (forthcoming).

Professor Heal chaired a committee of the National Academy of Sciences on valuing ecosystem services, was a Commissioner of the Pew Oceans Commission, was a coordinating lead author of the IPCC’s Fifth Assessment Report, was a member of President Sarkozy’s Commission on the Meaurement of Economic Performance and Social Progress, was a member of the advisory board for the World Bank’s 2010 World Development Report and the United Nations Environment Program’s 2011 Human Development Report, and acts as an advisor to the World Bank on its Green Growth project. He is also a Director of Public Business, a foundation that promotes in-depth public interest journalism and a member of the Advisory Board of Green Seal.

He has been a principal in two start-up companies, a consulting firm and a software and telecommunications company, and until recently was a member of the Investment Committee of a green private equity group. He teaches MBA courses on “Current Developments in Energy Markets,” “Business and Society: Doing Well by Doing Good?” and “The Business of Sustainability,” teaches a doctoral course on advanced microeconomic theory, and advises doctoral students interested in sustainability.

Education

  • PhD, University of Cambridge
  • BA, first class honors, University of Cambridge

Affiliations

  • Fellow, Econometric Society
  • Association of Environmental and Resource Economists
  • Scientific Advisory Board, US Environmental Protection Agency
  • Union of Concerned Scientists

Honors and Awards

  • Association of Environmental and Resource Economists' prize for Publications of Enduring Quality

Research And Publications

In The Media

Climate & Sustainable Development

Professor Geoffrey Heal says COP28 has the potential to drive further climate action, but that this success depends entirely on execution.

Oct 17 2023
Project Syndicate

“Climate change administers shocks to the supply chains. They're one-off shocks, but they may be coming more frequently than before,” Geoffrey Heal comments.

Jan 31 2022
CNN Business

Automakers are reusing plastic and adopting biodegradable materials because they feel pressure from both consumers and government but they also want to make a difference, says Geoffrey Heal.

Dec 21 2021
ABC News

“While critics are right that pay-to-pollute strategies have no place in a net-zero world, some offsets could still have a positive – if temporary – role to play,” Geoffrey Heal writes.

Nov 21 2021
Project Syndicate

Geoffrey Heal comments on COVID-19's Delta variant and countries' new restrictions on travel.

Jul 16 2021
Fortune