Ricardo (Rick) Nogueira is an expert on climate finance, policy, international development, and sustainable investing. His clients include major philanthropies, European government agencies, and multilateral development banks. During the Obama administration, Rick served as Senior Advisor on Climate Finance to the U.S. Special Envoy for Climate Change at the U.S. Department of State. In this role, he was a U.S. board member on the Green Climate Fund (GCF), the largest multilateral climate fund. As State’s GCF lead, Rick oversaw all GCF related matters including initial resource mobilization, institution building, strategy, and public outreach.
Prior to public service, Rick spent 10 years in private sector fund management with a focus on carbon markets and clean energy. His most recent role was as a Managing Director at EEA Fund Management, where he founded Leaf Clean Energy Company, a $400 million publicly-listed private equity fund targeting clean energy investments across the Americas. Rick held day-to-day managerial responsibility for all Leaf operations including fundraising, development of investment strategies, and deal origination and execution. Leaf built a portfolio of investments across a variety of sectors including wind power, solar panel manufacturing, biofuels, biomass power, LFG capture, waste-to-energy, concentrated solar, and hydropower.
Rick also ran the Latin American portfolio for Trading Emissions plc (TEP), a publicly-traded investment fund peaking at over $600MM AUM. TEP was principally emerging markets-focused and invested equity and mezzanine debt in renewable and low-carbon businesses as well as in greenhouse gas emissions trading markets. As a fund manager, Rick sat on the boards of several portfolio companies, including an environmental credit trading business, a clean energy developer, and a LatAm biofuels company.
Earlier in his career, Rick practiced law with a focus on energy transactions and climate policy. He spent five years as a senior associate at the energy and the environmental boutique law firm of Van Ness Feldman and three years in São Paulo (Brazil) with the corporate law firm of Felsberg & Associados.
Rick holds a bachelor’s degree in Anthropology from Lafayette College and a law degree from Seton Hall School of Law. He is fluent in English and Portuguese and capable of Spanish.