Plastic Waste Reduction Bond

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…

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