Asian Investment Conference 2021
Lord Adair Turner
Chair, Energy Transitions Commission
Lord Adair Turner is Chair of Energy Transitions Commission (ETC). ETC is a global coalition of major power and industrial companies, investors, environmental non-governmental organizations and experts working out achievable pathways to limit global warming to well below 2˚C by 2040 while stimulating economic development and social progress.
He was Chairman of Institute for New Economic Thinking until January 2019, and remains as a Senior Fellow. He is Chairman of Chubb Europe and on the advisory board of Envision Energy, a Shanghai-based group focused on renewable energy, batteries and digital systems.
From 2008 to 2013, Lord Turner chaired the UK’s Financial Services Authority, and played a leading role in the post-crisis redesign of global banking and shadow banking regulation.
Lord Turner has held high-profile roles in public policy – he was Director General of the Confederation of British Industry (1995-2000); Chairman of the UK Low Pay Commission (2002-2006); and Chairman of the Pensions Commission (2003-2006); and the first Chairman of the Climate Change Committee (2008-2012), an independent body advising the UK Government on tackling climate change. The recommendations set out in their first report "Building a low-carbon economy” were adopted in 2009.
He became a cross bench member of the House of Lords in 2006.
Amongst his business roles, Lord Turner was at McKinsey & Company (1982-1995); was Vice-Chairman of Merrill Lynch Europe (2000-2006) and a non-executive director of a number of companies, including Standard Chartered plc (2006-2008).
He is a visiting fellow at the People’s Bank of China School of Finance, Tsinghua University (Beijing). He writes regularly for Project Syndicate, and has published “Between Debt and the Devil” (Princeton 2015), and “Economics after the Crisis” (MIT 2012).
He is Trustee Emeritus of the British Museum, an honorary fellow of The Royal Society, and received an Honorary Degree from Cambridge University in 2017.