Barcap launches global carbon index

This is the first time that such an index has been made available to asset managers, private banks and institutional investors, according to Barcap.

The Barclays Capital global carbon index (BGCI), intended as a benchmark for the rapidly growing carbon emissions markets, is made up of two sub-indices that track the performance of EUA credits in the EU emissions trading scheme (EU ETS) and Certified Emission Reduction (CER) credits generated by the clean development mechanism (CDM). There wil