![WB introduces USD 100mn Plastic Waste Reduction-Linked Bond to Tackle Plastic Pollution WB introduces USD 100mn Plastic Waste Reduction-Linked Bond to Tackle Plastic Pollution](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhtvaxxL_jNb2Xol-AklXLdeg2w2zt-BRsAEcb73oMNIrzuhqGkQyF6Ydh0GqD3sgxNHqdZVS1CYu0OYJYmlstfbr4EyyUk1OgyxQd3HB5wDCBmRwuRVpeWATKnMZd3VCZcxpiw0kNYbZkKvYzFOi9MshTNiR5uDGqXIPVN1wo_WMzgUKZlx6F-qrSKm8H3/w320-h192-rw/Copy%20of%20Copy%20of%20Copy%20of%20Untitled%20(500%20%C3%97%20300%20px)%20(500%20%C3%97%20280%20px)%20(1).png)
- This innovative bond provides 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.
- The selected projects in Ghana and Indonesia aim to reduce and recycle plastic waste in vulnerable communities, cutting plastics leaking into nature and oceans.
- The bond is 100% principal protected with the $100 million proceeds used to support the World Bank’s sustainable development activities globally.
- The plastic collection and recycling projects in Ghana and Indonesia are not World Bank projects.
Question:
Q.1 What is the value of the Plastic Waste Reduction-Linked Bond introduced by the World Bank?a. $100 million
b. $50 million
c. $150 million
d. $200 million