KraneShares Expands Carbon Market Offering with Launch of European and California Carbon ETFs: KEUA and KCCA

NEW YORK, Oct. 5, 2021 /PRNewswire/ -- Krane Funds Advisors, LLC, ("KraneShares"), an asset management firm known for its global exchange-traded funds (ETFs) and innovative investment strategies, is pleased to announce the expansion of its carbon market offering with the launch of the KraneShares European Carbon Allowance ETF (KEUA) and the KraneShares California Carbon Allowance ETF (KCCA).

Under the cap-and-trade programs, carbon allowances put a price on carbon emissions, engaging market forces to tackle climate change. Each emissions trading program covered in the KraneShares suite is a powerful policy tool for achieving the ambitious climate targets set in the Paris Agreement.

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