The exchange traded fund aims to provide investors with exposure to carbon credits via the fund owning carbon credit futures.
The European Union Allowance credits reportedly represented 90% of the total global value of carbon dioxide markets in 2021, with the global value of the entire space reported at 683 billion Euros last year.
While there are no previous carbon credit related ETF’s trading in Canada currently, there are four such ETF’s trading on US exchanges, which include KraneShares Global Carbon Strategy ETF .
In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
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