Climate Transformed Ventures (CTV) is a methane infrastructure and origination platform company that leverages government funding and private capital to cap orphaned oil wells across the United States and Canada.

An orphaned oil well has no solvent owner of record, leaving the responsibility of capping in the hands of state and federal governments.

The EPA estimates that there are up to 3.7 million orphaned wells in North America, with the estimated cost to cap them ranging from $200bn- $300bn.

There is only $4.7bn allocated by the US Federal Government under the Infrastructure Investment and Jobs Act (IIJA).

This is the first phase of a multi-decade solution that will require the extensive deployment of private capital

Sustainable Finance
1 podcast
9 videos - 
Dec 1, 2022

Congruent Ventures
Rebooting the Climate Capital Stack

Abe Yokell is Co-Founder and Managing Partner of Congruent Ventures, a leading early-stage venture firm focused on partnering with entrepreneurs to build companies addressing climate and sustainability challenges across four themes: Mobility and Urbanization, the Energy Transition, Food and Agriculture, and Sustainable Production and Consumption. The firm has over $600M AUM across early stage climate tech funds. With 48 companies in the portfolio, Congruent is amongst the most active investors in the climate ecosystem.
Guest(s): Abe Yokell, Co-Founder & Managing Partner of Congruent Ventures
Moderator: Paul Krake

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