In this episode, Jay speaks with Rick Gilmore, the President & CEO of GIC Group.
They discuss GIC Group’s new endeavor, the Commodities Plus Carbon, or CPC, which is a futures contract combining agricultural commodities with voluntary carbon markets, aiming to give farmers a premium on their crop yield.
Rick explains the details of the futures contract, why he believes it is an important innovation, and why right now is the best time do introduce the product. He also explains how they integrate carbon sequestration into the product and how they are measuring and verifying the carbon emissions.
Show Resources:
GIC Group
Commodities Plus Carbon (CPC)
ucrop.it
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Untangling Climate Finance explores the dynamic field of climate change finance through conversations with industry experts about topics including climate solutions, global carbon markets, carbon projects, novel technologies such as AI and distributed ledger, and much more.
If you have any questions, comments, a future guest recommendation, or are interested in joining Jay for an episode, please shoot him a message at:
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Credits:
The podcast is produced by Gordian Knot Strategies.
It is written, narrated, and edited by Jay Tipton.
Special thanks to Sean Penrith, Jacoba Gundle, Maggie Tipton, and Julie Witherspoon.
Music is by Diamond_Tunes.