IHS Markit launches world-first carbon credit index

New index prices carbon credits at $23.65

The first ever index for tracking the global price of carbon credits has been launched by IHS Markit, allowing investors to access opportunities arising from “a primary strategy for reducing carbon emissions”.

IHS Markit's Global Carbon index, which combines proprietary information and futures markets data, tracks the performance of the largest, most liquid and most accessible tradable carbon markets: the European Union Emission Trading System, the California Cap-and-Trade Program, and the Regional Greenhouse Gas Initiative. The 'Greta Effect': Surge in eco-awareness driving 'most significant' period of ESG inflows The index currently values carbon credits at $23.65 and shows that to date investors would have seen a return of 132% if they had invested at the beginning of 2018. It is calc...