BBVA Adds Two Pioneering Climate Indexes to its Offering for Investors

BBVA has created two climate indexes, including the ‘Solactive BBVA Climate Action PAB Europe’ and ‘Solactive BBVA Climate Action CTB Europe’ – both with the European Union (EU) climate benchmark label. Solactive BBVA Climate Action PAB Europe seizes on transition opportunities that emerge from the Paris Agreement and mitigates risks by aiming for an average temperature well below 2ºC – the most demanding scenario. The Solactive BBVA Climate Action CTB Europe is aligned with EU Climate Transition Benchmarks and provides investors with an opportunity to transition to a low carbon economy.