London School of Economics - Gift funds climate change centre

Two philanthropists have donated more than £12 million to create a research centre on climate change. Jeremy and Hannelore Grantham are creating the Grantham Research Institute on Climate Change and the Environment at the London School of Economics. The institute will be chaired by Lord Stern of Brentford, who led the Stern Review on the Economics of Climate Change. It will unite experts on economics, finance, geography, the environment, international development and political economy.