Michele was a Visiting Fellow at the Global Economic Governance Programme at University College, Oxford. She worked for 29 years in the World Bank, most recently as Senior Manager of the Environment Department, where she led the preparation of the WB's new corporate Environment Strategy. She managed a team of staff that led the WB's work on climate change, environmental economics, biodiversity, pollution management and other environmental issues. She led the global consultations for the WB's "Strategic Framework for Development and Climate Change" that was approved by the WB Executive Board in October 2008. She was closely associated with the establishment of the Climate Investment Funds, the $6.8 billion in funding for investment in mitigation, adaptation and forestry in developing countries.