The Wildlife Conservation Bond (WCB) was priced on March 23rd, 2022 by the World Bank (International Bank for Reconstruction and Development, IBRD) in support of South Africa’s efforts to protect endangered species. This five-year $150 million Sustainable Development Bond, also known as the “Rhino Bond,” includes a potential performance payment from the Global Environment Facility (GEF) and will help protect and increase black rhino populations in two South African protected areas, the Addo Elephant National Park (AENP) and the Great Fish River Nature Reserve (GFRNR).   “The Rhino Bond is a groundbreaking approach to enabling private sector investment in global public … Continue reading World Bank Unfurls The Rhino Bond To Raise Funds For Conservation