Professor Phoebe Koundouri

Brief Biographical Note on Professor Dr. Phoebe Koundouri


Professor Dr. Phoebe Koundouri holds a PhD (2000) and MPhil (1995) in Economics from the University of Cambridge (UK). She is a Professor of Economics and Econometrics (with special emphasis on Natural Resources, Energy and the Environment) at the School of Economics, Athens University of Economics and Business (Greece). She is also Founder and Scientific Director of the Research Laboratory: ReSEES: Research on Socio-Economic and Environmental Sustainability  ( at the same University. She is also an affiliated Professor at the ATHENA Research and Innovation Center, (Greece) where she directs EIT Climate KIC Greece ( 

Prof. Koundouri is the co-chair of the United Nations Sustainable Development Network – Greece (, chair of the Scientific Advisory Board of ICRE8 International Research Center and vice-chair of the scientific advisory board of the European Forest Institute ( 

Professor Phoebe Koundouri is the elected President of the European Association of Environmental and Resource Economists ( since 2019. In the past was elected Council Member (2012-2016) and appointed Vice- President (2014-2016) of the European Association of Environmental and Resource Economists, before co-founding the Greek Association of Environmental and Resource Economists in 2019.

Ranked in the world top 1.6%IDEAS Female Economists, Professor Koundouri is a highly cited academic author, with 15 edited books and monographs, and more than 200 scientific papers in peer reviewed journals and edited volumes in the following fields of research: Economics and Econometrics[1], Mathematics, Social Sciences, Environmental Sciences, Geosciences, Multidisciplinary. Her work focuses, mainly but not exclusively, on microeconomic and econometric modelling with applications to water, marine and biodiversity resources, as well as climate change; non-market valuation, long-run costs benefit analysis and relevant discouting issues, interdisciplinary approach to natural resources management, and more recently philosophy of science. Central to Professor  Koundouri’s research is the concept of the ‘total economic value of public goods’ and in particular the value humans derive from natural resources and their ecosystem services, within a framework of uncertainty and ambiguity. Her main research goal is to refine the theoretical models and empirical methods used in the field of natural resources economics, towards: (a) better understanding of the concept and determinants of the total economic value of ecosystem goods and services, (b) more accurate modelling of this value, (c) more robust estimation of this value, (d) more efficient integration of this value in interdisciplinary resource management and policy-making, while incentivizing the development of technological and social innovations that integrate the results of this research, and accelerating these innovations in the market. 

Professor Koundouri is co-editor of the journal of Environmental and Resource Economics, and associate-editor of the Review of Environmental Economics and Policy, the official journals of the European Association of Environmental and Resource Economists, as well as associate editor and/or editorial board member in more than 30 academic journals (including Water Resources and Economics, Environment and Development Economics, Economics-ejournal).

Between 1991 and 2006, while based in the UK, she held fixed-term and tenure track academic positions at the University of Cambridge, University College London, University of Reading. In 2006 she relocated to Greece, where she is now Professor at the Athens University of Economics and Business. She was also a visiting Research Fellow at the Centre for Climate Change Economics and Policy, London School of Economics (2014-2018), while she held numerous visiting positions worldwide.

Professor Koundouri is an advisor to the European Commission, World Bank, EIB, EBRD, OECD, UN, NATO, WHO, numerous national and international foundations and organizations, as well as national governments. Since 1997, she has coordinated more than 65  interdisciplinary research projects on natural resources management issues, and together with her team, has attracted significant competitive research funding. She has supervised many PhD students and co-established a master course in Energy Economics and Law.

She has organized numerous prestigious international conferences, workshops, summer schools aand training courses, including the annual conference of the European Association of Environmental and Resource Economists in 2017. She also co-established the annual Sustainability Summit, an event co-organized by UN SDSN, EIT Climate KIC and The Economist Events. The Summit has developed into an annual meeting of high profile academics, policiticians, policy makers and civil society stakeholders in South-East Europe and the Mediterranean, convening networks of expertise, mobilizing resources and influencing regional policy for the urgently needed sustainability transitions.

Professor Koundouri and the large interdisciplinary team of researchers she directs (under the cluster of ReSEES, ICRE8, EIT Climate-KIC and UN SDSN) has produced research and policy results that have contributed to shaping European policies with regards to integrated and holistic management of the interaction between nature and people. Over the last two decades, Professor Koundouri has given keynote and public lecturers all over the world, and received scholarships and prizes for academic excellence from various academic institutions and associations.

Professor Koundouri was born in Cyprus in 1974, andis married to Prof. Nikitas Pittis. They are based in Athens, Greece where they live with their three daughters, Chrysilia, Billie and Athena.


[1]Areas of research as per EconLit: Environmental, Natural Resources and Agricultural Economics and Econometrics; Economic Sustainability, Cost-Benefit Analysis and Discounting; Non-market Valuation; Agricultural Economics and Finance; Interdisciplinary Approaches to Natural Resources Management and Policy; Econometric Methods; Philosophy of science.



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