| Financier | Commitments |
|---|---|
| Global Environment Facility (GEF) | 13.76 |
Wildlife Conservation Bond Operation
Abstract*
The operation is focused on addressing major challenges for financing conservation and proposes an innovative financing model to unlock and direct private finance for the conservation of the black rhino in South Africa. The operation aims to catalyze the world’s first Wildlife Conservation Bond (WCB) that links the coupon payments of an institutional SDG-related bond issuance to conservation performance. This innovative transaction enables private/institutional... Show More
Development Objective
To increase black rhino populations in target protected areas in South Africa.
Key Details
Project Details
P174097
Active
Elisson Wright , Bandita Sijapati
South African National Parks (SANParks),The Eastern Cape Parks and Tourism Agency (ECPTA)
April 15, 2021
(as of board presentation)
September 10, 2021
March 28, 2022
US$ 13.76 million
The Eastern Cape Parks and Tourism Agency (ECPTA),South African National Parks (SANParks)
2022
US$ 13.76 million
N/A
Substantial
October 29, 2027
Yes
BANK APPROVED
December 7, 2023
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | 13.76 |
| Total Project Cost** | 13.76 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
Detailed Financial Activity as of July 31, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Overall Implementation Progress (IP) | Satisfactory | 2025-05-30 |
| Project Management | Satisfactory | 2025-05-30 |
| Procurement | Satisfactory | 2025-05-30 |
| Financial Management | Satisfactory | 2025-05-30 |
| Progress towards achievement of PDO | Highly Satisfactory | 2025-05-30 |
| Monitoring and Evaluation | Satisfactory | 2025-05-30 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Percent increase of black rhino population in target sites (RPGR) Value -3.70 0.00 4.00 Date December 3, 2021 December 31, 2022 December 3, 2026 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Area under improved management Value 0.00 92098.00 153141.00 Date December 3, 2021 April 28, 2023 December 3, 2026 Comment Beneficiaries of project interventions Value 629.00 2245.00 2306.00 Date December 3, 2021 April 28, 2023 December 3, 2026 Comment Gender Equity in Conservation Services (female/%) Value 22.00 26.00 27.00 Date December 3, 2021 April 28, 2023 December 3, 2026 Comment Great Fish River Nature Reserve Value 0.00 0.00 42877.00 Date December 3, 2021 April 28, 2023 December 3, 2026 Comment Addo Elephant National Park Value 0.00 92098.00 110264.00 Date December 3, 2021 April 28, 2023 December 3, 2026 Comment Great Fish River Nature Reserve Value 31.00 33.00 36.00 Date December 3, 2021 April 28, 2023 December 3, 2026 Comment Addo Elephant National Park Value 16.00 18.00 21.00 Date December 3, 2021 April 28, 2023 December 3, 2026 Comment Rhino mortality rate (3-year average < 4%) Value 4.00 0.84 4.00 Date December 3, 2021 December 31, 2022 December 3, 2026 Comment Great Fish River Nature Reserve Value 4.00 1.01 4.00 Date December 3, 2021 December 31, 2022 December 3, 2026 Comment Addo Elephant National Park Value 4.00 0.67 4.00 Date December 3, 2021 December 31, 2022 December 3, 2026 Comment Number of rangers per square kilometer Value 0,029 ranger / square km 0,048 0,059 ranger / square km Date December 3, 2021 April 28, 2023 December 3, 2026 Comment Great Fish River Nature Reserve Value 0,029 ranger / square km 0,086 0,059 ranger / square km Date December 3, 2021 April 28, 2023 December 3, 2026 Comment Addo Elephant National Park Value 0,029 ranger / square km 0,029 0,059 ranger / square km Date December 3, 2021 April 28, 2023 December 3, 2026 Comment