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Global Carbon Strategy ETC (KRBN)
Posted: Thu Jan 16, 2025 8:19 am
by admin
| KraneShares Launches Global Carbon Strategy ETC (KRBN) on London Stock Exchange |
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Following the successful listings on the Borsa Italiana and Deutsche Börse Xetra, we are pleased to announce the launch of the KraneShares Global Carbon Strategy ETC (KRBN) on the London Stock Exchange. KRBN is intended to track the level of its reference index, the S&P Global Carbon Credit Index, which offers broad coverage of cap-and-trade carbon allowances by tracking the most traded carbon credit futures contracts. The S&P Global Carbon Credit Index introduces a new measure for hedging risk and going long the price of carbon while supporting responsible investing.
Currently, the index covers the major European and North American cap-and-trade programs: European Union Carbon Allowances (EUA), California Carbon Allowances (CCA), United Kingdom Carbon Allowances (UKA), Washington State Carbon Allowances (WCA), and the Regional Greenhouse Gas Initiative (RGGI), which covers the Northeast US Power Market. |
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