Rick Gilmore at Shenzhen Forum on Carbon Reduction


Shenzhen International Low Carbon Technololgy Forum

December 6-8, 2020

Shenzhen opened its 8th Forum on carbon reduction technologies featuring new project investment opportunities.  Rick Gilmore, President/CEO of GIC, was invited to introduce CPC (Coommodity Plus Carbon) to participants.  In his introduction, Gilmore noted he had already conducted CPC workshops in the Tianjin and Beijing climate exchanges and that the Shenzhen event was well-timed in light of China’s goals for reaching net zero emissions.

Gilmore said, “Shenzhen has been one of the leading carbon market zones since the earlier 7 pilot carbon market initiative.  With the emphasis on market-based mechanisms and surveillance technologies, CPC is a perfect fit for adaptation in China.” 

CPC is now under review by investors for a prospective launch in 2021.  “Our main goal,” Gilmore noted, “is to offer climate risk mitigation and revenue opportunities for agriculture.  CPC monetizes carbon reductions in new futures contracts.”

“Global agriculture is a major source of carbon emissions as well as sequestration. We hope through CPC to reconfigure the ratios and underwrite future sustainability.”

For additional information on CPC, please contact rickgilmore@gicgroup.com