Impact Bond: Wildlife Conservation Bond
Also known as: Rhino Bond
Stage of development: Implementation
Policy sector: Agriculture and environment
Intervention: The World Bank will make payments through the Global Agent to the Park Managers in instalments to fund rhino conservation in the form of Conservation Investment Payments totaling ZAR 152 million. These Conservation Investment Payments will be utilized by the Park Managers to implement conservation and adaptive management activities that seek to maximize net rhino growth rates over five years.
Date outcomes contract signed: 2022-03
Anticipated completion date: 2027-03
Total investment commitment currency: USD
Total investment commitment: 150000000
Total investment commitment (USD): 150000000
Maximum potential outcome payment: 163760000 USD
Maximum potential outcome payment (USD): 163760000