The HSBC MSCI Emerging Markets Paris Aligned Benchmark UCITS ETF is an exchange-traded fund designed to offer investors exposure to emerging market equities while aligning with the Paris Agreement's climate objectives. The ETF's primary function is to track the performance of the MSCI Emerging Markets Climate Paris Aligned Index. This index is specifically constructed to mitigate climate risks by selecting stocks that meet rigorous environmental criteria and exclude high-carbon emitters. The fund targets sectors that are pivotal in transition opportunities, such as renewable energy, electric vehicles, and energy efficiency solutions. By incorporating a climate-focused strategy, it plays a critical role in promoting sustainable investing and provides a suitable option for investors looking to contribute to global climate goals while capturing growth from developing markets. This ETF is authorized under UCITS regulations, offering a transparent, cost-efficient vehicle for investors seeking diversified exposure to emerging economies within a climate-conscious framework.