iPath Series B Carbon ETN Price & Performance (GRN)

The voluntary carbon market is expanding rapidly, with transaction values surpassing $10.8 billion in 2023. Experts predict a 15-fold growth by 2030 to meet climate goals. Green funds, such as those focusing on renewable energy and carbon offsets, are becoming attractive options for investors seeking exposure to this booming sector.1

The iPath Series B Carbon ETN recently fell below its 200-day moving average of $27.55, trading as low as $27.44. This dip highlights the volatility of carbon credit investments, which are linked to futures on emission allowances. Investors may see this as a risk or an opportunity in the evolving carbon market.2

The cost of carbon offsets continues to climb as global demand grows. With prices exceeding €80/ton in the EU, businesses and individuals are increasingly turning to voluntary carbon markets. Airlines, for example, now offer customers the option to offset emissions during ticket purchases, reflecting broader consumer interest in sustainability.3