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ABN Amro launches Climate Change & Environment Index

Dutch bank ABN AMRO today launched a new equity index that tracks the performance of listed companies involved in addressing climate change and environmental issues.

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

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