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The BNP Paribas Easy Low Carbon 300 World PAB UCITS ETF seeks to replicate the performance of the Euronext Low Carbon 300 World PAB Index composed of international companies selected on the basis of opportunities and risks associated with the climate transition while aiming to comply with the Paris Aligned Benchmark targeting to reduce the carbon intensity by at least 50% relative to the initial investment universe and achieving an additional decarbonisation target of 7% each year.