Clemens Fuest President of the Ifo Institute

Committee on Economic and Monetary Affairs Committee on the Environment, Public Health and Food Safety

Public Hearing Sustainable finance 26 May 2021 16h45 to 18h45 Via video conference / Meeting room: Antall 6Q2 Brussels

Clemens Fuest President of the ifo Institute

Professor for Economics and Public Finance at the Ludwig Maximilian University of Munich

Director of the Center for Economic Studies (CES)

Executive Director of CESifo

Professor Clemens Fuest, born in 1968, is President of the ifo Institute, Professor for Economics and Public Finance at the Ludwig Maximilian University of Munich, Director of the Center for Economic Studies (CES) and Executive Director of CESifo GmbH.

Clemens Fuest has been a member of the Scientific Advisory Board of the German Fed-eral Ministry of Finance since 2003 (head of the board from 2007 to 2010), a member of the European Academy of Sciences and Arts and of the German National Academy of Science and Engineering (acatech). Clemens Fuest is also a Board Member of the International Institute for Public Finance (IIPF; President since August 2018). Further-more he belongs to the German-French Council of Economic Experts, the European Academy of Sciences and the Scientific Advisory Board of Ernst & Young GmbH. He is also

1 a member of the Scientific Advisory Board of the Stiftung Marktwirtschaft (Kron-berger Kreis) and the Stiftung Familienunternehmen. In 2013, he was awarded the Gustav Stolper Prize of the Verein für Socialpolitik (Association for Social Policy), in 2019 the Hanns Martin Schleyer Prize for the year 2018. In 2017 he received an honor-ary doctorate from the Karlsruhe Institute of Technology (KIT). His research areas are economic and financial policy, international taxation, tax policy, and European inte - gration.

His research areas are economic and fiscal policy, taxation and European integration. Before being appointed ifo President in April 2016, Clemens Fuest was President of the Centre for European Economic Research (ZEW) in Mannheim and Professor of Eco-nomics at the University of Mannheim. From 2008 to 2013 he was Professor of Business Taxation and Research Director of the Centre for Business Taxation at the University of Oxford. He taught as a Visiting Professor at the Bocconi University in Milan in 2004. From 2001 to 2008 he was Professor for Public Economics at the University of Cologne.

Clemens Fuest has published widely in German and international academic journals including the American Economic Review, European Economic Review, Journal of Public Economics, Journal of International Economics and International Economic Review. He has published a number of books and regularly contributes to public debates on eco-nomic and fiscal policy with articles in renowned newspapers including Handelsblatt, Frankfurter Allgemeine Zeitung, Süddeutsche Zeitung, Wirtschaftswoche, Financial Times, Wall Street Journal and Le Monde.