Motto | In a world with limited budgets and attention spans, we need to find effective ways to do the most good for the most people. |
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Formation | 2002 |
Type | Nonprofit think tank |
Headquarters | Tewksbury, MA, United States |
President and Founder
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Bjørn Lomborg |
Key people
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Revenue (2015)
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$2,940,257 |
Expenses (2015) | $1,947,489 |
Website | www.http://copenhagenconsensus.com/ |
The Copenhagen Consensus Center is a US non-profit think tank, founded and headed by Bjørn Lomborg (best known for his controversial 2001 book, The Skeptical Environmentalist). The Center organizes the Copenhagen Consensus, a conference of prominent economists held every four years, where potential solutions to global issues are examined and prioritized using cost-benefit analysis.
The most recent Copenhagen Consensus titled the Post-2015 Consensus was held in 2015. It focused on the costs and benefits of the 169 global development targets of the United Nation’s Global Goals. The Post-2015 Consensus brought together an expert panel of economists including two Nobel Laureates who reviewed the research produced by the project and identified 19 targets that represent the best value-for-money in development over the period 2016 to 2030, offering more than $15 back on every dollar invested.
Recently, the Copenhagen Consensus Center has refocused its efforts into nationally oriented research, and is currently working extensively in Haiti and Bangladesh, while also planning expansion to India, where it is partnering with high profile and influential organisations.
The Center was originally formed in 2006 in Copenhagen, funded by the Danish government, with Lomborg as director. This came two years after Lomborg's first Copenhagen Consensus conference in 2004. The Center was tasked with organizing future conferences, and with expanding on the mandate of the Environmental Assessment Institute, a research body for environmental impact assessment under the Danish Ministry of the Environment, of which Lomborg had been director since its inception in 2002, until his resignation in 2004. Government funding of £1m annually was reported as the primary income, with some private funding from benefactors that included the Carlsberg Group and the EU. In 2012, Denmark withdrew its funding, and the Center faced imminent closure. Lomborg left the country and reconstituted the Center as a US non-profit organization, based in Lowell, Massachusetts. In fact the address is a post box, and at this time, the actual location of its operations remains unverified.