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Michael Toman (Mike) was Lead Economist on Climate Change in the Development Research Group and Research Manager of the Sustainability and Infrastructure Team until his retirement in 2020. His research interests have included alternative energy resources, policies for responding to risks of climate change catastrophes, timing of investments for greenhouse gas reduction, and mechanisms for mitigating greenhouse gas emissions through reduced deforestation. 

Mike has done extensive research on climate change economics and policy, energy markets and policy, environmental policy instruments, and approaches to achieving sustainable development. Prior to joining the World Bank in fall 2008, he held senior analytical and management positions at RAND Corporation, Inter-American Development Bank, and Resources for the Future. His teaching experience includes adjunct positions at the Johns Hopkins School of Advanced International Studies and the School of the Environment, University of California at Santa Barbara. Mike has a B.A. from Indiana University, a M.Sc. in applied mathematics from Brown University, and M.A. and Ph.D. degrees in economics from the University of Rochester.