First wildlife bond issued by World Bank to save Africa’s black rhino- Worth- $150 million
The World Bank (International Bank for Reconstruction and Development, (IBRD) has issued the Wildlife Conservation Bond (WCB) to support of South Africa’s efforts to conserve endangered species of Black Rhino. Wildlife Conservation Bond (WCB) is also known as “Rhino Bond”. It is a five-year $150 million Sustainable Development Bond. It includes a potential performance payment […]