Russell  Sturm

Russell Sturm

Head, Climate Change Advisory
International Finance Corporation

Russell Sturm coordinates IFC' s global advisory business in climate change. Building on his work developing innovative sustainable energy market development products for more than 25 years, Russell currently works across IFC's investment and advisory networks to provide thought leadership and knowledge management in support of IFC's growing advisory business in climate change. Russell’s work mobilizing commercial clean energy and energy efficiency financing with partner banks catalyzed IFC's current $.5 billion annual business in new sustainable energy investment through banks. His innovations in market transformation programs provide the model for IFC's advisory services programs which seek to leverage IFC's position in commercial markets to accelerate uptake of climate-friendly technology and expand access to energy. Russell was the creator of Lighting Africa, which is a catalyst for the explosive uptake of quality off-grid lighting devices to provide lighting services to the underserved in Africa and is now being replicated in Asia. He currently focuses on the African market, supporting innovative business models which enable commercially sustainable private sector delivery of energy and water services.

Prior to joining IFC, Russell was President of the International Institute for Energy Conservation (IIEC), an international non-governmental organization with offices in seven countries which promotes energy efficiency as a tool for economic development. Prior to his work at IIEC, Russell was Vice-President of Energy Management Services, an energy services company which owned and operated distributed generation and energy efficiency projects, and brokered gas service contracts in facilities throughout the United States. While completing his studies in energy and natural resource policy and finance at the University of North Carolina and Harvard University/Kennedy School of Government, Russell worked with Oak Ridge National Laboratory on econometric modeling for global energy markets, and was part of the team which developed the first energy performance contract (ESCO) agreements in the United States at the law firm of Lane and Edson, LLC.