GOTEBORG, Sweden, Oct. 9, 2002 (PRIMEZONE) -- Volvo's (Nasdaq:VOLVY) Environment Prize 2002 was awarded today to Professor Sir Partha Dasgupta and Professor Karl-Goran Maler. The two men were recognized for their pioneering research within environmental and resource economics. The Prize, an honorarium of SEK 1.5 million, was presented at an official ceremony in Goteborg, Sweden.
Born in Skelleftea, Sweden, Professor Karl-Goran Maler is Professor of Economics at the Stockholm School of Economics and Director of the Beijer International Institute of Ecological Economics. Professor Maler's research focuses primarily on the measurement of well being and economic analysis of complex dynamic ecological systems.
Originally from India, Sir Partha Dasgupta is currently Professor of Economics at the University of Cambridge in the U.K. He has also been a Professor of Economics at the London School of Economics and Visiting Professor at Harvard University. Through has research, which has focused on social welfare and how economic decisions affect the poor, he has become renowned for providing an ethical voice to socio-economic research.
The Volvo Environment Prize is being awarded for the thirteenth time. It was established in 1989 to highlight Volvo' support for pioneering environmental research and since then has gained the status of being one of the world's most important, international environment prizes. This year marks 30 years since Volvo become the first company to make a public statement on environmental issues and since it began its focus on making the environment one of the company's three core values
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