Wall Street and State Street Drive Carbon Market Growth

1 min read
Source: The Wall Street Journal
Wall Street and State Street Drive Carbon Market Growth
Photo: The Wall Street Journal
TL;DR Summary

State Street will provide back-office services to clients who want to invest in carbon credits, making it easier for big investors to trade the products and potentially making them a mainstream investment accessible to individuals. This move could boost the booming market for carbon credits and make it easier for financial firms to create products such as exchange-traded funds.

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