A. World Bank
B. South Asia Bank
C. Barclays
D. IMF
Brief Facts About First-Ever Wildlife Bond:
The World Bank has issued the Wildlife Conservation Bond (WCB). The World Bank has issued the Wildlife Conservation Bond (WCB) to support South Africa’s efforts to conserve endangered species of Black Rhino. Wildlife Conservation Bond (WCB) is also known as the “Rhino Bond”. It is a five-year $150 million Sustainable Development Bond. It includes a potential performance payment from the Global Environment Facility (GEF). The bond will contribute to protecting and increasing black rhino populations in two protected areas in South Africa namely the Addo Elephant National Park (AENP) and the Great Fish River Nature Reserve (GFRNR).
Important for All Competitive Exams:
World Bank Headquarters: Washington, D.C., United States.
World Bank Formation: July 1944.
World Bank President: David Malpass.
Founders: John Maynard Keynes, Harry Dexter White
Motto: Working for a World Free of Poverty