The iPath Global Carbon Exchange-Traded Note is based on the Barclays Capital Global Carbon Index, which is intended to measure the performance of the most liquid carbon-related credit plans and which is designed to be an industry benchmark for carbon investors. Each carbon-related credit plan included in the index will be represented by the most liquid instrument available in the marketplace. The BGCITR expects to incorporate new carbon-related credit plans as they develop around the world. The index currently includes 2 carbon-related credit plans: the European Union Emission Trading Scheme, or EU ETS Phase II, and the Kyoto Protocol's Clean Development Mechanism.
Investment type: ETN (Exchange-Traded Note); listed on the U.S. NYSE exchange
Ticker symbol: GRN
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