Dr Ben Caldecott

Director, Oxford Sustainable Finance Programme and Lombard Odier Associate Professor

Dr Ben Caldecott is the founding Director of the Oxford Sustainable Finance Programme at the University of Oxford Smith School of Enterprise and the Environment. At the University of Oxford, he is the inaugural Lombard Odier Associate Professor and Senior Research Fellow of Sustainable Finance, the first ever endowed professorship of sustainable finance, and a Supernumerary Fellow at Oriel College.

Ben is also the founding Director and Principal Investigator of the UK Centre for Greening Finance & Investment (CGFI), established by UK Research and Innovation in 2021 as the national centre to accelerate the adoption and use of climate and environmental data and analytics by financial institutions internationally. Since 2019, he has also been seconded to the UK Cabinet Office as the COP26 Strategy Advisor for Finance.

He has conceived and initiated a number of initiatives related to sustainable finance. Ben founded and co-chairs the Global Research Alliance for Sustainable Finance and Investment (GRASFI), an alliance of global research universities promoting rigorous and impactful academic research on sustainable finance. He established and leads the Sustainable Finance Theme at The Alan Turing Institute and initiated the Spatial Finance Initiative, which aims to mainstream geospatial capabilities enabled by space technology and data science into financial decision-making globally. He co-founded the Commonwealth Climate and Law Initiative (CCLI), which is examining the legal basis for directors and trustees to consider, manage, and report on climate change-related risk, and the circumstances in which they may be liable for failing to do so.

Prior to joining the University of Oxford, he was a Vice President at investment bank Climate Change Capital, one of the early leading asset management and advisory firms focused on the net zero carbon transition, where he ran the firm's research centre and advised clients and funds on the development of policy-driven markets. Ben has previously worked as Research Director for Environment and Energy at the think tank Policy Exchange, as Head of Government Advisory at Bloomberg New Energy Finance, as a Director in the Strategy Directorate of the UK's Department for Environment, Food and Rural Affairs (on secondment), as a Deputy Director in the Strategy Directorate of the UK's Department of Energy and Climate Change (on secondment), as an Advisor to The Prince of Wales's International Sustainability Unit, as Sherpa to the UK Green Investment Bank Commission, and as the Senior Advisor to the Chair and CEO of the UK Green Finance Institute.

Ben holds a doctorate in economic geography from the University of Oxford. He initially read economics and specialised in development and China at the School of Oriental and African Studies, University of London, and the University of Cambridge. He has been an Academic Visitor at the Bank of England, a Visiting Scholar at Peking University, and held Visiting Fellowships at the University of Oxford, the University of Sydney, and the University of Melbourne. He is an Associate Editor of the Journal of Sustainable Finance & Investment. Ben is also a Visiting Scholar at Stanford University and a Non-Resident Fellow at the Payne Institute for Earth Resources at the Colorado School of Mines.