The Hong Kong asset management arm of China International Capital Corporation (CICC) introduced the first carbon credit exchange-traded fund (ETF)
- The CICC invests in carbon emission permits futures contracts traded in the European Union
- Currently, the EU has the largest traded carbon-related ETFs that yield a yearly trading volume of approximately 683 million euros
- As long as governments increasingly tighten emission standards, carbon-related investment channel has largely been exposed to investors
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