Few other markets are facing moves with the level of conviction seen in carbon allowance markets. Much of this potential is driven by parallel carbon market reforms, which are introducing accelerated annual allowance cap reductions among other policy measures to create supply scarcity across the major markets.

The buzz around these reforms has brought our suite of carbon funds more into focus.

KraneShares Carbon Suite:

• The KraneShares Global Carbon Strategy ETF (Ticker: KRBN)
• The KraneShares California Carbon Allowance Strategy ETF (Ticker: KCCA)
• The KraneShares European Carbon Allowance Strategy ETF (Ticker: KEUA)

2024 Climate Outlook Contents:

• Introduction
• KCCA: California Carbon at Key Inflection Point
• KEUA: European Carbon at Strategic Entry Opportunity