In conversation with Finextra, Hirander Misra, Chairman and CEO of GMEX Group, and CEO of its carbon tracking company ZERO13, spoke on the complexities of the carbon market and untapped potential for its growth.

According to Misra, the UK has the opportunity to blossom into a climate hub, with the potential to open up the market and securitise carbon assets, and channel investment liquidity into them for countries in the global south, filling the multi-trillion dollar financing gap. Carbon assets could be a national export commodity.

Speaking to how the Trump administration in the US has impacted the global climate finance industry, Misra comments:

“Equally for us in the UK, there is the opportunity for exporting technology and know-how into the global south countries on an economic construct. Geopolitically, it provides a good counter to other nations. We’re not going to see the Trump administration pull back from this, they’ll be very much involved where it makes economic sense.”