The United Nations Pension Fund today stressed the importance of low-carbon investments at the New York Stock Exchange (NYSE) in New York, to mark Earth Day.

“This is Earth Day, and we are ringing in a new era of investing in a low-carbon economy, with the creation of low-carbon exchange traded funds that have the potential to mainstream the issue of decarbonisation in financial markets and increase the interest of other pension funds in low-carbon investments in particular,” said Carol Boykin, Representative of the UN Secretary-General for the investment of the assets of the UN Joint Staff Pension Fund, who rang the NYSE’s bell this morning.

Last year, the UN Joint Staff Pension Fund and BlackRock iShares coordinated to launch the iShares MSCI ACWI Low Carbon Target exchange-traded fund (ETF), a new ETF offering investors a responsible approach to environmentally sustainable investing.

iShares MSCI ACWI Low Carbon Target ETF provides global equity exposure for investors committed to reducing their carbon footprint.

“At the UN pension fund, we are eager to start to ‘lean forward,’ as we approach the Paris Climate Conference in December.  We are hoping to lead by example. We have under taken a carbon footprint analysis of our portfolio, we have invested in green bond holdings, and we have committed capital to help back two ETFs,” M.s Boykin said.

“2015 is a critical year for the world–to put us on a sustainable pathway that will limit climate change.  2015 is the time for global action.”

Earth Day is an annual event celebrated by more than 192 countries to demonstrate support for environmental protection.