Rafael Silvestre

Technical Specialist, Climate and Nature
Rafael - Headshot
Team:
Research & Data

Rafael joined FAIRR in November 2025 as a Technical Specialist for Climate and Nature within the Data & Research team. He supports the assessment of climate- and nature-related financial risks for the food sector, contributing to FAIRR’s Climate Risk Tool and Water Risk Model. 

Working at FAIRR 

Rafael’s work at FAIRR centres on generating quantitative evidence on how climate- and water-related factors shape financial outcomes in the food and agriculture sector. He contributes to the ongoing development of FAIRR’s Climate Risk Tool, supporting the integration of scenario-aligned climate costs, transition-risk pathways, and physical-risk impacts into company-level analysis. His work also advances FAIRR’s broader research on water-related risk drivers, helping to assess how evolving resource constraints, regulatory developments, and supply-chain vulnerabilities influence profitability and resilience across global protein producers. Rafael contributes to methodological enhancements that strengthen FAIRR’s analytical frameworks, ensuring that climate- and water-risk assessments remain robust, decision-useful, and aligned with emerging scientific evidence and industry best practice. 

Experience 

Before joining FAIRR, he worked at the Principles for Responsible Investment (PRI), where he supported institutional investors on climate-change mitigation, ESG integration, and the application of disclosure and taxonomy frameworks including TCFD, ISSB/IFRS S2, EU Taxonomy and SFDR  

He contributed to the secretariat of the Net Zero Asset Owner Alliance (NZAOA), Net Zero Asset Managers initiative (NZAM) and Initiative Climat International (iCI). Within the NZAOA, Rafael managed the Financing Transition Track and its working groups on Target Setting & Reporting, Blended Finance, Emerging Markets Transition Investment (EMTI), and Carbon Markets & Offsetting. His work supported updates to the Target Setting Protocol and members’ assessment of decarbonisation and climate-solution investment targets. He also contributed to the COP28 report Scaling Private Capital Mobilisation and to the Blended Finance and Best Practice Case Studies guide published by the Sustainable Markets Initiative (SMI) and the Investor Leadership Network (ILN) for New York Climate Week 2024, which outlines standardised design principles for blended-finance instruments across investor coalitions. 

Rafael previously worked in Deloitte’s Sustainability and Climate Risk team, delivering quantitative scenario analysis using NGFS pathways for corporates and financial institutions. Earlier in his career, he worked at Brazil’s Energy Research Office (EPE), contributing to the national 10-Year Energy Expansion Plan and leading analytical work on grid expansion, renewable-energy integration, energy matrix diversification, and system security. 

Rafael holds an MBA in Corporate Finance from Bayes Business School, an MSc in Economics and Finance from Fundação Getúlio Vargas (FGV), and a BEng in Electrical Engineering from the Federal University of Rio de Janeiro (UFRJ). He has completed the Sustainability and Climate Risk (SCR) Certificate from the Global Association of Risk Professionals (GARP) and executive programmes in infrastructure finance and private markets.