Question
Which of the following organisation has issued the
first-ever wildlife bond, worth $150 million, to be used to revive the population of rhinoceros in South Africa?Solution
IBRD has created the world’s first kind of Wildlife Conservation Bond, also known as the “Rhino Bond,”. The money will be partly spent on two South African reserves, the Addo Elephant National Park (and the Great Fish River Nature Reserve (GFRNR).