By : TheFinancial Tech Times
Decarbonization eliminates or reduces carbon emissions to mitigate negative effects on the global climate. Laconic, a company focused on global sovereign carbon securitization, could lead the way in decarbonizing efforts worldwide, with a potential trillion-dollar market for carbon finance.
Meet Andrew Gilmour, Founder of Laconic
Laconic launched under the dedicated direction of its CEO and Founder, Andrew Gilmour. Boasting more than 25 years of experience in critical infrastructure development and global security industries, Gilmour is an accomplished business leader and serial entrepreneur. In addition to his occupational endeavors, the firm figurehead received his BA in History and Philosophy of Science and Technology from the University of Chicago.
Over the last two decades, Gilmour has garnered extensive expertise working with governments and independent nations to operate in various regulatory, legal, and financial environments. He masterfully handles intricate business processes and financing structures to propel operational results, creating and managing high-performing teams across international domains.
Introducing Laconic
Gilmour has always been adept at taking on challenges, and he gladly accepts the challenge of “getting money to flow through the trading of carbon.” The hard-working leader initially learned about carbon credits in his grade school science class. Despite three decades passing, the world remained in conversation about carbon offsets and their potential to help citizens decarbonize the global economy.
However, it wasn’t until around 2020 that the annual volume in the “global carbon market” sat just under two billion. Gilmour noticed that the economy needs around one trillion dollars worth of carbon origination annually, making two billion practically equal to zero percent. Given the massive supply and demand, increased training efforts are becoming a necessity. Aiming to solve this predicament, Gilmour founded Laconic. He plans to enable around one trillion dollars of carbon issuance annually through an entirely non-compulsory free-market approach.
Laconic: Standing Out in the Global Carbon Market
Laconic dares to go against the grain as it fundamentally changes how the carbon industry operates. Spearheaded by Gilmour with courage and commitment, Laconic has already developed novel tools and resources for financing emerging economies. The company also unlocked over two gigatons of carbon stock while empowering humanity to achieve NetZero 2050 with Laconic’s technology stack.
Gilmour believes the Laconic team remains one of the only ones in the global carbon market to bravely think big enough and differently, realizing that the obsolete methods of conceptualizing carbon were intrinsically flawed from a capital market’s viewpoint. Creating something completely new and functional from scratch, Laconic has developed a unique category within the financial market—Sovereign Carbon.
Gilmour’s Challenges and Triumphs that Outline Laconic
Laconic is Gilmour’s fourth company built from the ground up. Naturally, he has experienced many ups and downs in enterprise ownership over the past 25 years. His first company was an Inc. 500 and one of the fastest-growing firms in America circa 2006. Although the business seemed to be booming early on, it was forced to shut down after 18 months of operation due to the 2008 financial crisis.
Gilmour has also worked across five continents, owning businesses in three of them. He has served private corporations as well as United States (US) and foreign governments. Gilmour arranged for over three billion USD (US dollars) in guaranteed funding in a South American sovereign government. However, the government collapsed just one day before the scheduled signing of the contract.
As Gilmour faced the “resistance of change,” he still accomplished numerous goals. He developed patented non-lethal electric fence technology, addressed the Full Congress of the Republic of Peru on Productive Approaches to Criminal Justice Management, and directly counseled senior leadership within three governments on over five billion USD of public-private partnership infrastructure development projects.
The Future of Global Decarbonization with Laconic
In the coming years, Andrew Gilmour envisions Laconic as the “backbone” of a novel multi-trillion dollar market in financial instruments linked to sovereign carbon. He believes his company will do what “legions of diplomats” struggled to accomplish over the last 30 years.
Soon, Laconic’s unmatched toolkit will enable economies to decarbonize finance and achieve NetZero 2050, leveraging creativity, technology, and complete devotion to free and open markets.
