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First global carbon index unveiled

10th December 2007

A Greenbiz.com article reports on Barclays Capital’s launch of the first index to track the performance of carbon credits issued though major greenhouse gas emissions trading schemes.

The Barclays Capital Global Carbon Index is meant to be a comprehensive benchmark for the carbon emissions market and is governed by the Barclays Capital Environmental Markets Index Committee.

Initially it will track carbon credits associated with the EU Emissions Trading Scheme (EU Allowances) and the Kyoto Clean Development Mechanism (Certified Emission Reductions), and add new schemes as they develop.

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