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

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Climate 2023
Senegal: World’s First Private Sector ITMO Partnership

We discuss the innovative partnership between the Government of Senegal, Carbon Growth Partners, and Allcot, which serves as a disruptive new paradigm to break the global deadlock on climate finance. Private sector investors take on the financial risk of Article 6 carbon projects, which allows the host country to negotiate the International Transfer Mitigation Outcomes (ITMO) process from a position of strength.

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We discuss the challenges and opportunities in urban mobility, and Laura's role in making mobility in cities greener.
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Biography

Idrissa Diatta is the Coordinator at the National Integrated Waste Management Company of Senegal. Stephanie Russo is the Chief Strategy Officer at Carbon Growth Partners. Alexis Leroy is the CEO and Founder of ALLCOT Group, a pioneer project development and sustainable services company.

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