The listings track the S&P index tied to California Carbon Allowance futures under a long-running state emissions programme.
Krane Funds Advisors has expanded its carbon strategies offering, with the listing of the KraneShares California Carbon exchange-traded commodity (ETC) series on the London Stock Exchange. The series trades in US dollar and GBP-hedged denominations under the tickers KCCA LN and KCCP LN. KraneShares stated that the series is structured to follow the S&P Carbon Credit CCA Index, which tracks California Carbon Allowance futures.