

These products provide clients with robust solutions to address climate risk within their government bond allocation and the flexibility to gain diversified exposure to investment grade Eurozone or global government bonds. This new Fund complements the existing iShares € Govt Bond Climate UCITS ETF, the first European domiciled climate government bond UCITS ETF launched in October 2020, which includes countries within the European Monetary Union. The index adjusts country weights based on a forward-looking assessment of climate risk faced by sovereigns using three pillars physical risk, transition risk and resiliency to climate change. The new Fund tracks the FTSE Advanced Climate Risk Adjusted World Government Bond Index and offers exposure to global government bonds, taking the FTSE World Government Bond Index ("WGBI") as a starting point.

The iShares Global Govt Bond Climate UCITS ETF offers investors cost effective exposure to government bonds whilst incorporating climate risk.

TheFundfurther screens out securities involved in certain business activities such as controversial weapons and nuclear weapons as well as those associated with major ESG controversies. The transparency afforded to green bond investors via impact reporting is a unique feature of the fund, and BlackRock will publish proprietary portfolio impact reports on the environmental benefit of the underlying holdings. The primary purpose of a green bond is to raise capital and investment for projects with environmental benefits, such as renewable energy, green buildings, wastewater management, energy efficiency, and public transport. The iShares € Green Bond UCITS ETF is designed to provide investors with an additional building block as they look to align their portfolios with a net zero pathway. It tracks the Bloomberg Barclays MSCI Euro Green Bond SRI including Nuclear Power Index offering exposure to over 300 EUR-denominated investment grade green bonds from 160 issuers across four sectors of the fixed income market. Increasing choice in sustainable fixed income investingīlackRock has today launched its first iShares € Green Bond UCITS ETF (GRON) and the industry’s first iShares Global Govt Bond Climate UCITS ETF ( CGGD). Helsinki, 9 April 2021 – As the adoption of fixed income UCITS ETFs within the bond market ecosystem accelerates, BlackRock continues to expand its range of ETFs and index solutions to help clients navigate market conditions and to support their transition to more sustainable portfolios.
