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Krane Funds Advisors has launched two new carbon market ETFs: the KraneShares European Carbon Allowance ETF (KEUA) and the KraneShares California Carbon Allowance ETF (KCCA). These funds aim to provide targeted exposure to carbon allowance markets under cap-and-trade programs, assisting in achieving climate goals. The firm’s existing KraneShares Global Carbon ETF (KRBN) has accumulated over $900 million in AUM and returned 105.45% since inception. KEUA focuses on the EU market, while KCCA targets California's emissions, which cover significant portions of their respective total emissions.
