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A new lifeline for wildlife conservation finance
What do capital markets have to do with biodiversity? Until now, very little. This changed this week with the launch of a landmark Wildlife Conservation Bond or “rhino bond” that offers a payout linked to the protection of black rhinos, a critically endangered species whose health is essential to the ecosystems in which they live.
Wildlife Conservation Bond boosts South Africa's efforts to protect black rhinos and support local communities
The World Bank (International Bank for Reconstruction and Development, IBRD) today priced the Wildlife Conservation Bond (WCB) in support of South Africa’s efforts to conserve endangered species. Also known as the “Rhino Bond,” this five-year $150 million Sustainable Development Bond includes a potential performance payment from the Global Environment Facility, which will contribute to protecting and increasing black rhino populations in two protected areas in South Africa, the Addo Elephant National Park (AENP) and the Great Fish River Nature Reserve (GFRNR).
New online training course: nature-based infrastructure for climate adaptation and sustainable development
The Nature-Based Infrastructure Global Resource Centre is now offering a new course: nature-based Infrastructure for climate adaptation and sustainable development.
This course aims to empower policymakers, infrastructure planners, and investors to understand the economic and financial performance of nature-based infrastructure as well as its co-benefits, in comparison with traditional “built” or “grey” infrastructure.
Water underground: why protecting what’s hidden matters to our health and for the planet
As much as 97 percent of the world’s water is underground – this “groundwater” originates from rain, melting ice, and snow which has soaked into the soil and is stored in the pores and cracks between sand, rocks, and soil particles. Hidden under our feet, this source of water is unfortunately often overlooked and abused. To increase attention to this valuable source of water, the United Nations has declared 2022 the Year of Groundwater.
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