The French bank has rolled out the first Paris Agreement aligned climate index in collaboration with MSCI.
Crédit Agricole CIB (CACIB) has partnered with MSCI to launch a benchmark aligned with the Paris Agreement which will serve as the basis for new financial solutions targeted at the structured products market. The new range of products, fully eligible for the European “Paris-Aligned Benchmark” label, will track the performance of the MSCI Euro Climate Select 50 Paris Aligned 5% Decrement Index , which is 99% correlated with the Eurostoxx 50 index . The new products are aimed a
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