World’s first wildlife conservation bond aimed at protecting black rhinoceros
Returns will be determined by the rate of growth of the populations of the animals in two SA reserves
24 March 2021 - 10:48
A bond designed to raise funds to grow the population of endangered black rhinoceros in SA will be sold by the World Bank this year.
The five-year, R670m security will be the world’s first wildlife conservation bond and the aim is to sell it in the middle of the year. Returns for investors will be determined by the rate of growth of the populations of the animals in two SA reserves, according to the Rhino Impact Investment Project, an initiative started by the Zoological Society of London...
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