367: Is CDR Even Using "Bankability" Correctly?—w/ Ryan Covington, Attorney at Philip Lee LLP
Episode 367 of the Reversing Climate Change podcast, hosted by Carbon Removal Strategies LLC, titled "367: Is CDR Even Using "Bankability" Correctly?—w/ Ryan Covington, Attorney at Philip Lee LLP" was published on September 23, 2025 and runs 54 minutes.
September 23, 2025 ·54m · Reversing Climate Change
Summary
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?This Episode's SponsorsPhilip Lee LLP: legal resources for carbon removal buyers and suppliersArbonics: forestry project developer in the EUListen to the RCC episode with Lisett Luik from ArbonicsBecome a sponsor by emailing carbon.removal.strategies[at]gmail.comUse this affiliate link to use Descript's transcripting and podcast editing serviceUse this affiliate link to use Riverside to record your podcastsSign up for the 9Zero climate coworking space with my referral codeResourcesBecome a paid subscriber of Reversing Climate ChangeSubscribe to the Reversing Climate Change SubstackJ'Accuse...!Ryan Covington's profile at Philip Lee LLPPhilip Lee LLP's Climate Projects pageThe Sun Also Rises by Ernest HemingwayMidnight in Paris scene with Ernest Hemingway"359: Why Is the Pulp and Paper Industry So Great for CDR?—w/ Natalie Khtikian & Jon Rhone, Co-Founders of CO280"
Episode Description
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?
This Episode's Sponsors
Philip Lee LLP: legal resources for carbon removal buyers and suppliers
Arbonics: forestry project developer in the EU
Listen to the RCC episode with Lisett Luik from Arbonics
Become a sponsor by emailing carbon.removal.strategies[at]gmail.com
Use this affiliate link to use Riverside to record your podcasts
Sign up for the 9Zero climate coworking space with my referral code
Resources
Become a paid subscriber of Reversing Climate Change
Subscribe to the Reversing Climate Change Substack
Ryan Covington's profile at Philip Lee LLP
Philip Lee LLP's Climate Projects page
The Sun Also Rises by Ernest Hemingway
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