Which of the following statements are correct regarding the “Amazon Reforestation-Linked Outcome Bond” launched by the World Bank?
- The bond is worth $225 million and is designed to link investors' financial returns to measurable reforestation outcomes in the Amazon.
- The bond will mature on July 31, 2035, and aims to mobilize approximately $50 million in additional capital from investors.
- The reforestation efforts supported by this bond are led by Mombak, a Brazilian company dedicated to large-scale native reforestation in the Amazon.
1
Only statement 1 is correct.
2
Only statements 1 and 3 are correct.
3
Only statements 2 and 3 are correct.
4
All statements are correct.
5
None of the statements are correct.