SG Index catapults into carbon credits

The index is designed with a dynamic allocation that aims to maximise the performance through time of two underlying carbon credits: European Emission Allowances (EUAs), allotted by the European Commission under the European Union Emission Trading Scheme (EU ETS), and Certified Emission Reductions (CERs), issued under the Clean Development Mechanism governed by the Kyoto Protocol which aims at promoting emission reduction projects in emerging countries.

Under the EU ETS, CER can be used for c