Stage of development: Implementation
Policy sector: Agriculture and environment
Date outcomes contract signed: Mar 2022
Anticipated completion date: Mar 2027
Capital raised (minimum): USD 150m
Max potential outcome payment: USD 163.76m
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.
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