Barclays Capital has launched the Barcap Global Carbon Index (BGCI), which tracks the performance of carbon credits associated with major global greenhouse gas emissions trading schemes.
The BGCI comprises a combination of two sub-indexes which track the performance of carbon credits linked to the EU Emissions Trading Scheme (EU Allowances) and the Kyoto Clean Development Mechanism (Certified Emission Reductions). New schemes will be incorporated as they are developed. The index is split 80:20 be
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