Nick Silver

Current Activities

Nick is trying to work out what a sustainable pensions system would look like and in the meantime is focusing on climate bonds.


Nick Silver photoNick Silver is an actuary and economist whose specialities include climate change policy, social insurance and development. Nick is a director of Callund Consulting Limited, a boutique consultancy which advises developing country governments on social insurance.

He has also worked extensively in developing financial mechanisms, such as insurance, to deal with both mitigation and adaptation to climate change.

Nick is a founder and director of the Climate Bonds Initiative (CBI), which is working with governments and MLIs to develop policies that will facilitate institutional investment at scale in the low carbon economy. Nick is co-ordinating the Local Authority Energy Efficiency Partnership (LEEP) which is working with municipalities to bring in large scale investment into domestic energy efficiency.

Until recently Nick was Chairman of the Resource and Environment Group of the UK actuarial profession. Nick is a visiting fellow at the Grantham Institute and senior honorary visiting fellow at Cass Business School. Nick has advised the UK’s Environment Department (DEFRA) and Development Department (DFID) and the German Development Department (GTZ) on climate finance in developing countries, presented at the launch of the Climate Investment Funds at the World Bank and at a number of UNFCCC conferences and G8 Gleneagles dialogue conferences. Nick is part of the UK Government’s Capital Markets Climate Initiative which aims to drive large scale investment into climate change mitigation and adaptation.

Nick has advised a number of countries in Africa, Asia, the Caribbean and Eastern Europe on social insurance. He has also written a number of papers and articles on economics and implications for the carbon market, and risk management approaches to climate change. Nick has been widely quoted in the national media, with recent appearances on Sky News, BBC Radio 5 live and BBC News 24 and two separate papers have been cited in parliamentary debates.

Nick has a Masters Degree in Public Financial Policy from the London School of Economics. Previously Nick worked as an actuary at PriceWaterhouseCoopers and Punter Southall.