Question

The first ever Wildlife conservation bond (a financial instrument) in the world, was floated to conserve which of the following critically endangered species

• A. Cheetah in India
• B. Water Buffalo in Africa
• C. Giant Panda in China
• D. Black Rhino in South Africa
• E. Opossum in Australia

Answer 1

The Correct Option is B

The first ever Wildlife conservation bond, which is a financial instrument designed to support conservation efforts, was issued to protect the critically endangered species of Water Buffalo in Africa. Conservation bonds are innovative mechanisms allowing investors to fund preservation projects, with returns linked to the success of the conservation outcomes. This initiative emphasizes the importance of safeguarding vulnerable wildlife species by providing necessary financial support through investments.