Emirates NBD Launches Carbon Futures Trading Platform

The United Arab Emirates' Dubai National Bank has launched a platform that provides services to trade in carbon future contracts that companies purchase to manage their carbon emissions and support the national strategy to achieve carbon neutrality. 

The trading facilities for carbon future contracts allow customers access to a market estimated to be worth up to $850 billion through six global emission trading programs, according to a statement from the bank headquartered in Dubai emirate.

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