![World Bank Introduce $100 Million Plastic Waste Reduction-Linked Bond To Tackle Plastic Pollution Plastic Waste Reduction Bond](https://vvstockzone.com/wp-content/uploads/2024/01/Introduce-100-Million-Plastic-Waste-Reduction-Linked-Bond-To-Tackle-Plastic-Pollution-600x400.png)
World Bank Introduce $100 Million Plastic Waste Reduction-Linked Bond To Tackle Plastic Pollution
The $100 million Plastic Waste Reduction-Linked Bond, which is principal-protected, has a seven-year maturity period and is priced by the World Bank (International Bank for Reconstruction and Development, or IBRD). With this novel bond, investors receive a financial return that is correlated with the Voluntary Carbon Units (carbon credits) and Plastic Waste Collection Credits (plastic…