Nicholas Stern, born in 1946, earned his Bachelor of Arts degree in mathematics at Peterhouse, Cambridge, and his Doctor of Philosophy in economics at Nuffield College, Oxford. He was a lecturer at Cambridge University from 1970 to 1977, and served as a Professor of Economics at the University of Warwick from 1978 to 1987. Between 2000 and 2003 he served as Chief Economist and Senior Vice President of the World Bank. In his function as economic advisor to the British government, he released a review in 2006 which assessed the evidence on the impacts of climate change and the associated economic costs. The main conclusion of this report, which outlined that the benefits of strong and early action to mitigate climate change far outweigh the economic costs of not-action, received worldwide attention.