Plastic Collective attracts landmark fundraising to tackle plastic pollution

Plastic Collective, a leading social enterprise focused on solving the plastic waste epidemic, is pleased to announce it willreceive funding through an innovative and transformational sustainable development outcome bond, issued by The World Bank, for two plastic waste collection and recycling projects in Ghana and Indonesia. This innovative bond provides investors 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. Citibank acted as the sole structuring agent and bookrunner of…

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