ABN Amro launches Climate Change & Environment Index

ABN claims the Climate Change & Environment Index is the "world’s first dynamic, rules-based index that tracks the performance of stocks directly related to businesses that are involved in tackling the adverse effects of climate change and mitigating environmental degradation."

The index can be used for tracking certificates, exchange traded funds, capital protected products and other structured notes. Further potential developments include a collateralised debt obligation based on the credit

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