MURIEL BOWSER
MAYOR
May 22, 2024
The Honorable Phil Mendelson
Chairman
Council of the District of Columbia
John A. Wilson Building
1350 Pennsylvania Avenue, NW, Suite 504
Washington, DC 20004
Dear Chairman Mendelson:
In accordance with section 2 of the Confirmation Act of 1978, effective March 3, 1979 (D.C. Law 2-
142; D.C. Official Code § 1-523.01), and pursuant to section 203 of the Green Finance Authority
Establishment Act of 2018, effective August 22, 2018 (D.C. Law 22-155; D.C. Official Code § 8-
173.23), I am pleased to nominate the following individual:
Mr. Ricardo Nogueira
Euclid Street, NW
Washington, DC 20009
(Ward 1)
for reappointment as a voting member with experience at a financial institution operating within the
District of the Green Finance Authority Board, for a term to end July 9, 2027.
Enclosed, you will find biographical information detailing the experience of the above-mentioned
nominee, together with a proposed resolution to assist the Council during the confirmation process.
I would appreciate the Council’s earliest consideration of this nomination for confirmation. Please
do not hesitate to contact me, or Steven Walker, Director, Mayor’s Office of Talent and
Appointments, should the Council require additional information.
Sincerely,
Muriel Bowser
Mayor
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2 ~
~;?¥- Phil Mendelson
3 at the request of the Mayor
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5
6 A PROPOSED RESOLUTION
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10 IN THE COUNCIL OF THE DISTRICT OF COLUMBIA
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15 To confirm the reappointment of Ricardo Nogueira to the Green Finance Authority Board.
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17 RESOLVED, BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, that this
18 resolution may be cited as the "Green Finance Authority Board Ricardo Nogueira Confirmation
19 Resolution of 2024".
20 Sec. 2. The Council of the District of Columbia confirms the reappointment of:
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22 Mr. Ricardo Nogueira
23 Euclid Street, NW
24 Washington, DC 20009
25 (Ward 1)
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27 as a voting member with experience at a financial institution operating within the District of the
28 Green Finance Authority Board, established by section 201 of the Green Finance Authority
29 Establishment Act of 2018, effective August 22, 2018 (D.C. Law 22-155; D.C. Official Code§
30 8-173.21), for a term to end July 9, 2027.
31 Sec. 3. The Council of the District of Columbia shall transmit a copy of this resolution,
32 upon its adoption, to the nominee and to the Office of the Mayor.
33 Sec. 4. This resolution shall take effect immediately.
RICARDO (RICK) NOGUEIRA
_________________________________________________________________________________________________
PROFESSIONAL EXPERIENCE:
INDEPENDENT CLIMATE FINANCE EXPERT, Washington, DC April 2017 – Present
Independent expert on climate finance, international development and sustainable investing. Experience
includes:
• Supporting several philanthropic foundations in developing blended finance approaches and products
aimed at catalyzing climate finance, including the Climate Finance Partnership, Scaling Climate
Investment Facility, SE Asia Clean Energy Facility and the Green Bank Design Summit.
• Assisting philanthropic institutions in screening and evaluating grant proposals focused on sustainable
development.
• Senior Advisor to the Green Climate Fund (GCF) tasked with evaluating the institution’s private sector
facility and developing a strategy to mobilize private sector finance into low-carbon and resilient
investments.
• Advised a multilateral development bank in strengthening institutional capacities to support low-
carbon, climate-resilient development in small island developing states.
• Special Advisor to Albion Capital, a boutique finance firm located in Rio de Janeiro that is developing a
finance tool for residential rooftop solar (Origo Energia).
• Member of the Convergence Funding Committee - Convergence helps public and private investors find
and connect with each other to co-invest in blended finance deals in emerging markets.
U.S. DEPARTMENT OF STATE, Washington, DC June 2014 – March 2017
Senior Climate Finance Advisor
• Senior advisor to the U.S. Special Envoy for Climate Change on all matters related to climate finance.
• U.S. Alternate Board Member to the GCF and the Department of State lead on all GCF matters including initial
resource mobilization, institution building, strategies and approaches and public outreach.
• Climate finance negotiator on the U.S. delegation to the UNFCCC including for the Paris Agreement.
• Climate finance lead on several U.S. bilateral climate endeavors including the U.S.-Brazil Climate Change
Working Group and the U.S.–India Clean Energy Task Force.
• Responsible for a variety of climate finance programs and policy initiatives including the U.S.-Africa Clean Energy
Finance Initiative (ACEF), Pilot Auction Facility (PAF), Climate Finance Catalyst Facility (CFCF) and a multi-
country ministerial effort aimed at mobilizing private investment in climate change mitigation and adaptation.
• U.S. representative to the Global Innovation Lab for Climate Finance, a public-private partnership that aims to
identify, stress-test and promote the next generation of climate finance instruments to catalyze private investment
in low-emission, climate-resilient development.
EEA FUND MANAGEMENT, London, UK & Washington, DC December 2005 – June 2014
Managing Director
EEA is a UK based asset management business focused on the environmental and energy sectors. Served in
different roles in support of EEA’s managed funds, as follows:
• Founder of Leaf Clean Energy Company (Leaf), a $400MM AIM listed private equity fund targeting renewable
energy investments in the Americas; including development of the Leaf concept, fundraising strategy, team
recruitment and structuring, and negotiating limited partner and JV arrangements.
• Led a team of 8 professionals responsible for deploying Leaf investment capital and follow-on portfolio
management. Held day-to-day managerial responsibility for all Leaf operations.
• Directed origination and execution of investments in a variety of sectors including wind power, solar panel
manufacturing, biofuels, biomass power, LFG capture, waste-to-energy, concentrated solar and hydro power. Role
encompassed every facet of private equity transactions; deal origination, due diligence, process co-ordination,
financing, legal documentation, monitoring and exit planning.
• Chief investment officer for the Americas on behalf of Trading Emissions plc (TEP), an AIM listed 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.
• Headed TEP’s Special Situations team responsible for “turning-around” problematic portfolio investments
including management restructuring and dispute resolution to ensure best outcome for investors.
VAN NESS FELDMAN, P.C., Washington, DC
Senior Attorney September 2000 – December 2005
Practice focused on energy and environmental sectors with emphasis on infrastructure transactions,
international energy projects and global climate change matters.
FELSBERG e ASSOCIADOS, São Paulo - SP, Brazil
Senior Attorney January 1997 – September 2000
Practice focused on cross-border transactions including the privatization of two state-owned banks (BANESPA &
BANESTADO) and the development of one of the earliest Clean Development Mechanism investment funds.
EDUCATION:
SETON HALL UNIVERSITY SCHOOL OF LAW, Newark, NJ
Juris Doctor, June 1995
LAFAYETTE COLLEGE, Easton, PA
B.A. Anthropology and Sociology, June 1992
ADDITIONAL INFORMATION
Professional: Speaker and panelist at numerous industry forums; Guest lecturer at American University School of
Law, Georgetown University and U. of Wyoming
Languages: English (native), Portuguese (close to native), Spanish (conversational)
Board Seat
Experience: Green Climate Fund (S. Korea), Environmental Credit Corp., Element Markets, Bionasa Combustivel
Natural (Brazil); Vital Renewable Energy (Brazil) and MaxWest
Executive Office of the Mayor - Office of Talent and Appointments
John A. Wilson Building | 1350 Pennsylvania Avenue, Suite 600 | Washington, DC 20004
Ricardo Nogueira
Mr. Ricardo (Rick) Nogueira is an expert on climate finance, policy,
international development, and sustainable investing. His clients
include major philanthropies, European governments, and multilateral
development banks. During the Obama administration, Mr. Nogueira
served as Senior Advisor to the U.S. Special Envoy for Climate Change
at the U.S. Department of State where he oversaw climate finance
negotiations and served as a U.S. board member on the Green Climate
Fund (GCF), the largest multilateral climate fund. As the Department
of State’s GCF lead, Mr. Nogueira oversaw all GCF-related matters
including initial resource mobilization, institution building, strategy, and public outreach. On the
GCF Board, he served on several committees including the Private Sector Advisory Group
Committee and the Strategic Plan Working Group.
Prior to public service, Mr. Nogueira spent ten 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 (Leaf), a $400 million
publicly listed private equity fund targeting clean energy investments across the Americas. Mr.
Nogueira 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, landfill gas capture, waste-to-energy, concentrated solar, and hydro power.
Mr. Nogueira also ran the Latin American portfolio for Trading Emissions PLC (TEP), a publicly
traded investment fund peaking at over $600 million in assets under management. TEP was
primarily focused on emerging markets 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,
Mr. Nogueira sat on the boards of several portfolio companies, including an environmental credit
trading business, a clean energy developer, and a Latin American biofuels company.
Earlier in his career, Mr. Nogueira practiced law with a focus on energy transactions and climate
policy. He spent five years as a senior associate at the energy and environmental boutique law firm
of Van Ness Feldman and three years in São Paulo (Brazil) with the corporate law firm of Felsberg
& Associados.
A Ward 1 resident, Mr. Nogueira earned his bachelor of arts in anthropology from Lafayette
College and his juris doctor from Seton Hall School of Law.
GOVERNMENT OF THE DISTRICT OF COLUMBIA
Executive Office of Mayor Muriel Bowser
Office of the General Counsel to the Mayor
To: Tomas Talamante, Steve Walker
From: Betsy Cavendish
Date: May 15, 2024
Subject: Legal sufficiency review of Resolutions nominating Deborah Loomis, Todd
Monash, and Ricardo Nogueira as members of the Green Finance Authority
Board
This is to Certify that this office has reviewed the above-referenced resolutions and
found them to be legally unobjectionable. If you have any questions in this regard, please do not
hesitate to call Erika Satterlee, Deputy General Counsel, Executive Office of the Mayor, at 202-
724-1303, or me at 202-724-7681.
______________________________
Elizabeth A. (Betsy) Cavendish
______________________________________________________________________________
The John A. Wilson Building • 1350 Pennsylvania Avenue, NW • Suite 300 • Washington, D.C. 20004 • Office (202) 724-7681