Reversing Climate Change 367: Is CDR Even Using "Bankability" Correctly?—w/ Ryan Covington, Attorney at Philip Lee LLP
Or "project finance", for that matter? Or are these just the current words we say at happy hours?
Today, we attempt to nail down some of these definitions so we might have a chance of achieving either of these concepts.
Ryan Covington is an attorney and partner in the Climate Projects team of Philip Lee (US) LLP, focused on the development and financing of engineered and nature-based carbon projects. Ryan shares his experience in structuring large financial deals in the carbon removal and climate tech space.
Can carbon removal ever achieve scale without sufficient commercial finesse? Likely not, but isn't it pretty to think so?
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Resources
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Ryan Covington's profile at Philip Lee LLP
Philip Lee LLP's Climate Projects page
The Sun Also Rises by Ernest Hemingway