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
11 videos - 
Sep 7, 2021

Groendus: The Corporate Role On The Way To Net Zero?

Kirsten Barnhoorn, strategic account director at B2B sustainable energy enabler Groendus and former sustainability manager at Heineken, talks us through the changes corporations can make to become truly sustainable.
Guest(s): Kirsten Barnhoorn, Strategic Account Director at Groendus
Moderator: Karolin Schaps

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