World Bank’s new outcome bond helps communities remove, recycle plastic waste

Washington, United States (PANA) - The World Bank has priced a seven-year $100 million, principal-protected Plastic Waste Reduction-Linked Bond, providing investors with a financial return linked to Plastic Waste Collection Credits, Plastic Waste Recycling Credits (collectively, plastic credits), and Voluntary Carbon Units (carbon credits) expected to be generated by two projects