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The ETF: iPath Global Carbon Credit ETN (GRN)
All ETFs > Commodity ETFs > Resource ETFs > Energy ETFs
All ETFs > Stock ETFs > By Industry > Natural Resources > Energy > Alternative Energy
iPath Global Carbon Credit ETN
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.
The ETF Tracks This Index:
This fund is based on the Barclays Capital Global Carbon Index Total Return (BGCITR). You cannot buy shares in the index directly.