![9-year Bond for funding reforestation in [ Brazilian ] Amazonia](https://eyesonsuriname.com/storage/2024/08/Carbon-Removal-and-Capture-1024x548.webp)
9-year Bond for funding reforestation in [ Brazilian ] Amazonia eyesonsuriname Amsterdam, August 17th, 2024– The International Bank for Reconstruction and Development (IBRD), a leading arm of the World Bank, has issued a 9-year bond worth USD 225 million. This bond supports carbon removal by funding reforestation in Brazil’s Amazon rainforest. Unlocking the World Bank’s Carbon Removal Bond Jorge Familiar, Vice…
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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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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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