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
13 videos - 
Jan 27, 2023

Emerging Markets
Mobilizing Climate Financing for the Emerging World

They will discuss the current landscape of green bond issuance in emerging markets, the potential for growth in this area, and the challenges that need to be overcome to increase climate financing in these countries. They will also explore the role of green bonds as a financing instrument in promoting sustainable development, as well as its increasing role in emerging markets.
Guest(s): David Carlin, Head of Climate Risk at UNEP FI
Moderator: Paul Krake

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