ETF Securities, a provider of exchange-traded funds (ETFs), has listed the first European carbon ETF on the London Stock Exchange (LSE). ETFS Carbon was launched on 30 October, and offers investors access to the carbon emissions allowances futures market.

The fund will track the price of ICE ECX EUA Futures traded on London-based exchange ICE Futures, and will be based on a total return methodology that comprises the excess return from rolling carbon emissions allowance futures contracts annually