The world’s first wildlife bond has been issued by the planet bank, raising USD 150 million that may partly be used for the conservation of South Africa’s black rhinos The Wildlife Conservation Bond is the world’s first-of-its-kind financial instrument that's outcome-based and can be channelling investments to conserve black rhino populations. International Bank for Reconstruction and Development of the globe Bank has announced that the returns paid by the five-year bond are determined by the speed of growth of animals in two reserves of the Republic of South Africa, the nice Fish River Nature Reserve and also the Addo Elephant parkland. If this program becomes successful it may well be expanded for the protection of black rhinos in Kenya together with other wildlife species l...
Read More