Vikram Widge is Head of Climate and Carbon Finance at the World Bank Group. He leads the external engagement on climate finance and the deployment of innovative market-based solutions to mobilize private capital for low carbon development in emerging markets. He also manages the WBG’s carbon finance business with several funds under management and development, innovative results-based financing instruments like the Pilot Auction Facility, the Partnership for Market Readiness supporting countries wanting to put a price on carbon, and the initiative on the next generation of Networked Carbon Markets.
Vikram worked in the private sector for 10 years before joining IFC in 1994. He has extensive experience in supporting and financing clean technologies such as renewable power, waste-to-energy, fuel cells and electric vehicles. He also structured and managed an off-grid solar PV fund for six years. In the past, he has also led IFC’s work on climate policy, climate risk and adaptation, and greenhouse gas accounting.
Vikram has a bachelor’s degree in engineering from the Indian Institute of Technology in Delhi (1982) and a master’s degree in resource economics from the University of Maryland (1986), where he was a research scholar and graduate fellow.