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 - 
Sep 22, 2022

Sust Group
How can climate risks become more transparent?

Josh Gilbert, CEO of Sust Global, a start-up that provides climate risk models using geospatial data, discusses how the availability of more in-depth climate data can help improve the transparency of assessing climate-related risks.
Guest(s): Josh Gilbert, CEO of Sust Globa
Moderator: Karolin Schaps

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