Which institution issued the world’s first Wildlife Conservation Bond (WCB)? [A] World Bank[B] UN Environment Program[C] World Economic Forum[D] International Monetary Fund
Option A) World Bank : The World Bank has issued the world’s first wildlife bond named as the Wildlife Conservation Bond (WCB). The USD150 million will be spent on two South African reserves, the Addo Elephant National Park (AENP) and the Great Fish River Nature Reserve (GFRNR). The reserves would use the money for the conservation of black rhinoceros in the sanctuaries.
