Home
Search History
Clear History
{{item.search_key}}
Hot Searches
Change
{{item.name}}
{{item.english_name}}
Subscribe eNews
Once A Week Once Every Two Weeks
{{sum}}
{{sum}}
Login

Please Login

Subscribe To Tags, See What You Want To See

Sign Up For Events, Expand your network

Unlock Private Messages, Participate In Interactions

 Register

Hi.{{userInfo.company_name_english||userInfo.truename_english}} Hi.{{userInfo.truename||userInfo.phone||userInfo.email}}

Applications

Porsche expands Technical Division in China

Envalior’s eco-friendly nylon in snowboard binding

Rethinking plastic life: Case studies in Asian countries

Products

Japanese researchers leverage ML to optimize polymer production

ENGEL acquires a stake in Indian machine manufacturer

Nouryon launches partially biobased microspheres

Activities

  • Round Table at Fakuma 2023: “Plastic – Recyclable Rather Than Problem Material!”

  • ArabPlast 2023 – The Success Journey Continues………..

  • GREAT NEWS! INAPA 2023 IS COMING BACK 24 - 26 May 2023 at JIExpo Jakarta, Indonesia

Pictorial

Industry Topic

ASEAN: The Next Manufacturing Hub

Innovative and Sustainable Packaging

Recycling and Circular Economy

CHINAPLAS

CHINAPLAS 2024 Focus

CHINAPLAS 2023 Focus

Exhibition Topic

Fakuma 2024 Highlights

CHINA FOCUS

K 2022 FOCUS

News Videos

(Interview) CPCIF: How to achieve circular and economical

Trip to South Korea: Different practices, same goal

Trip to South Korea: INC-5 negotiations slow in progress

Conference Videos

【Mandarin session:Webinar playback】BASF:Tinuvin® NOR® 211 AR - High performing and value-in-use NOR® HALS® that can resist high levels of UV light, heat and acids

[Webinar playback] SABIC Webinar : Enabling a Circular Economy for Plastics Together

【Mandarin session:Webinar playback】The new generation application of Siriusvision inspection technology in the printing industry

Corporate/Product Videos

ENGEL adheres to the concept of circular economy, focuses on new plastics technology, and we are committed to provide our customers with suitable and high efficient injection molding solutions.

LSP -1600HDPE Three layer Solid Pipe Coextrusion Line

Zhuhai CPT Precision Mold Co.,LTD

Exhibition

Playback TECHHUB@CPRJ Live Streaming for CHINAPLAS

Events

Playback 5th Edition CHINAPLAS x CPRJ Plastics Recycling and Circular Economy Conference and Showcase

News
NEW
HOT
 Events
NEW
HOT
 Special
NEW
HOT
 Video
NEW
HOT
 Live
NEW
HOT
 eNews
NEW
HOT
 eBook
NEW
HOT
 Event Calendar
NEW
HOT
 Survey
NEW
HOT
 CHINA FOCUS
NEW
HOT

Home > News > Focus

World Bank issues US$100 million new bond to tackle plastic waste

Source：Adsale Plastics Network Date ：2024-01-31 Editor ：RC
Copyright： This article was originally written/edited by Adsale Plastics Network (AdsaleCPRJ.com), republishing and excerpting are not allowed without permission. For any copyright infringement, we will pursue legal liability in accordance with the law.

The World Bank priced a seven-year US$100 million, principal-protected Plastic Waste Reduction-Linked Bond. Two projects in Ghana and Indonesia are chosen to be invested.


World Bank_logo_480.jpg

The World Bank issued a bond that aims to tackle plastic waste problem.

 

How the bond works?

 

This innovative bond mobilizes private capital to support the financing of projects. Through the transaction, investors provide around US$14 million in up-front financing for the projects to increase capacity at existing facilities, expand new collection and recycling sites, and install food-grade recycling equipment.

 

In return, the bond provides investors with financial return linked to Plastic Waste Collection Credits, Plastic Waste Recycling Credits (collectively, plastic credits), and Verified Carbon Units (carbon credits) expected to be generated by the chosen projects.

 

The outcomes measured by the generation of plastic and carbon credits are issued on the Verra Registry.

 

The chosen projects

 

Two projects in Ghana and Indonesia are selected for the bond investment. Both projects aim to reduce and recycle plastic waste in vulnerable communities, cutting plastics leaking into nature and oceans.

 

In addition, the projects help improve local pollution and air quality, and reduce associated health impacts.

 

Both plastic collection and recycling projects in Ghana and Indonesia are not World Bank projects.


 Like 丨  {{details_info.likes_count}}
Indonesia
Circular economy

The content you're trying to view is for members only. If you are currently a member, Please login to access this content.   Login

Source：Adsale Plastics Network Date ：2024-01-31 Editor ：RC
Copyright： This article was originally written/edited by Adsale Plastics Network (AdsaleCPRJ.com), republishing and excerpting are not allowed without permission. For any copyright infringement, we will pursue legal liability in accordance with the law.

The World Bank priced a seven-year US$100 million, principal-protected Plastic Waste Reduction-Linked Bond. Two projects in Ghana and Indonesia are chosen to be invested.


World Bank_logo_480.jpg

The World Bank issued a bond that aims to tackle plastic waste problem.

 

How the bond works?

 

This innovative bond mobilizes private capital to support the financing of projects. Through the transaction, investors provide around US$14 million in up-front financing for the projects to increase capacity at existing facilities, expand new collection and recycling sites, and install food-grade recycling equipment.

 

In return, the bond provides investors with financial return linked to Plastic Waste Collection Credits, Plastic Waste Recycling Credits (collectively, plastic credits), and Verified Carbon Units (carbon credits) expected to be generated by the chosen projects.

 

The outcomes measured by the generation of plastic and carbon credits are issued on the Verra Registry.

 

The chosen projects

 

Two projects in Ghana and Indonesia are selected for the bond investment. Both projects aim to reduce and recycle plastic waste in vulnerable communities, cutting plastics leaking into nature and oceans.

 

In addition, the projects help improve local pollution and air quality, and reduce associated health impacts.

 

Both plastic collection and recycling projects in Ghana and Indonesia are not World Bank projects.


全文内容需要订阅后才能阅读哦~
立即订阅
AdsaleCPRJ.com A1 420x90 EN AdsaleCPRJ.com A1 - EMP - EN

Leave Comment

Submit

All Comments

No Comment

{{VueShowUserOrCompany(itme.user)}}

{{ toolTimes(itme.updated_at,'s') }}

{{itme.body}}

Reply   
Submit
{{VueShowUserOrCompany(itmes.user)}} {{ toolTimes(itmes.updated_at,'s') }} Reply

{{itmes.body}}

Submit
Suzhou Hechang Polymeric Materials Co., Ltd LK button ad EN Earth Dream: Energy Saving, Quality Improvement, Efficiency

Recommended Articles

Focus
Report: Global electricity demand for EVs expected to skyrocket 630% by 2030
 2024-06-18
Focus
Survey: What are the outlook and trends of Chinese plastics industry going global?
 2024-04-24
Focus
The wheels of sustainability in plastics has started turning
 2024-04-23
  Victor 管理员
Focus
(Chemicals and Materials) Major plastics production hubs in China you should know
 2024-04-11
Focus
(Plastics Machinery) Major manufacture centers in China
 2024-04-11
Focus
(Guide) How to effectively source Chinese plastics machinery and plastic materials?
 2024-04-11
会通 PC横幅 五大电子书下载

You May Also Like

{{[item['category']['name'],item['category']['english_name']][lang]}}
{{VueShowUserOrCompany(item.author)}} {{VueShowDisplayName(item.author)}}
Sponsored
{{item.title}} {{item['summary']}}
{{itags.name}}
{{item.updated_at}}
 {{item.likes_count}}       {{item.comments_count}}
RS Button Ad PE Plastic Pipe Production Line Machine UKKA stabilizer
  • Must See
    • News
    Images
    Watch it
1
Exploring 5 major trends from CPRJ Automotive Plastics Conference
2
ELV plastics circularity: Challenges and solutions
3
(INC-5 Direct) China at forefront of plastics treaty talks
4
End pollution: Plastic Europe urges INC-5 negotiators to include EPR
5
(Interview) Generating US$26 million with 5 injection molding machines
1
Car-to-car: Recycling project of polycarbonate car lamp
2
(Interview) CPCIF: Everyone has a role to combat plastic pollution
3
CPRJ Automotive Conference 2024: Feel the heat
4
[Webinar playback] SABIC Webinar : Enabling a Circular Economy for Plastics Together
5
Trip to South Korea: A visit to Hyundai Motorstudio Busan
  • Hot Specials

You May Be Interested In

Change
  • People
  • Company
loading... No Content
{{[item.truename,item.truename_english][lang]}} {{[item.company_name,item.company_name_english][lang]}} {{[item.job_name,item.name_english][lang]}}
{{[item.company_name,item.company_name_english][lang]}} Company Name    {{[item.display_name,item.display_name_english][lang]}}  

Polyurethane Investment Medical Carbon neutral Reduce cost and increase efficiency CHINAPLAS Financial reports rPET INEOS Styrolution Evonik Borouge Polystyrene (PS) mono-material Sustainability Circular economy BASF SABIC Multi-component injection molding machine All-electric injection molding machine Thermoforming machine

World Bank issues US$100 million new bond to tackle plastic waste

识别右侧二维码，进入阅读全文
下载
x 关闭
订阅
亲爱的用户，请填写一下信息
I have read and agree to the 《Terms of Use》 and 《Privacy Policy》
立即订阅
Top
Feedback
Chat
News
Market News
Applications
Products
Video
In Pictures
Specials
Activities
eBook
Front Line
Plastics Applications
Chemicals and Raw Material
Processing Technologies
Products
Injection
Extrusion
Auxiliary
Blow Molding
Mold
Hot Runner
Screw
Applications
Packaging
Automotive
Medical
Recycling
E&E
LED
Construction
Others
Events
Conference
Webinar
CHINAPLAS
CPS+ eMarketplace
Official Publications
CPS eNews
Media Kit
Social Media
Facebook
Youtube
Adsale Group ｜  About Us ｜  Terms of Use ｜  Privacy Policy ｜  Contact Us ｜  Media Kit ｜  Consent Letter for Processing Personal Data ｜