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Tag: World Bank

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Plastic Credit Bonds

Launch 100 million Plastic Credit Bonds

eyesonsuriname Amsterdam, 1 Feb 2024– The World Bank has announced the launch of a unique seven-year bond, valued at $100 million, specifically targeted at reducing plastic waste.  This pioneering Plastic Waste Reduction-Linked Bond is designed to generate financial returns for investors through Plastic Waste Collection Credits, Recycling Credits, and Voluntary Carbon Units (VCU) derived from…
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Suriname Oil Boom

Suriname and its Oil Boom

To be or not to Be  By Heike Meinhardt Amsterdam, February 18th 2022– Given that the IMF, IDB and World Bank are supposed to help Suriname resolve its debt crisis, pushing over $1 billion in new debt worsens the problem. Upholding policies for big oil profits is reckless for Suriname’s finances and devastating for the climate.…
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