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

Carbon Markets
1 podcast
1 videos - 
Sep 13, 2022

Resource Sovereignty:
Are Nature-based Offsets Next

This panel is significant to the overall framework for VCM as I believe investors are underestimating the risk to the entire ecosystem. Comparisons to resource nationalism, be that food or industrial commodities are relevant, particularly in the context of Article 6. We will explore whether countries such as Indonesia or Brazil could limit foreign corporates from accessing their vital sources of offset supply.
Guest(s): Martin Berg CIO Nature Solutions at Climate Asset Management, Natalia Arango Executive Director at Fondo Acción, Tony Lent Co-founder of Capital for Climate & Stephanie Russo Chief Strategy Officer at Carbon Growth
Moderator: Paul Krake

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