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The S&P Global LargeMidCap Carbon Budget Climate Index seeks to measure the performance of equity securities from the S&P Global LargeMidCap, selected and weighted to target a defined carbon budget, compatible with the Intergovernmental Panel on Climate Change (IPCC) estimate for worldwide emissions to limit global warming from pre-industrial levels to 1.5ºC and incorporating a 90% decarbonization floor.
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