The Rhino Impact Investment Project: a new outcomes-based finance mechanism for selected AfRSG-rated 'Key' black rhino populations

Abstract

MANAGEMENT The Rhino Impact Investment Project—a new, outcomes-based finance mechanism for selected AfRSG-rated ‘Key’ black rhino populations Glen Jeffries1*, Oliver Withers2, Chris Barichievy3,4 and Chris Gordon3 1Conservation Capital, 64 New Cavendish Street, London, W1G 8TB, United Kingdom 2Zoological Society of London, oliver.withers@zsl.org, Regent’s Park, London, NW1 4RY, United Kingdom 3Conservation Alpha, chris.barichievy@conservationalpha.com, The Axis, 26 Bank Street, Cybercity, Ebene 72201, Mauritius 4Institute for Communities and Wildlife in Africa, University of Cape Town, Rondebosch, 7700, South Africa. *corresponding author: g.jeffries@conservation-capital.com Abstract This article provides a detailed overview to date of the Rhino Impact Investment Project (RII). It shall explain in detail the overall objectives of RII—in principal, to develop the world’s first outcomes-based finance mechanism for a single species in order to overcome a variety of common problems seen in securing adequate funding for rhino conservation. A core part of RII relates to the rigorous selection process used to determine the sites to be included in the first iteration of this project, and this article focuses in detail on that process. Furthermore, the article shall examine the governance and management activity frameworks to be used for the RII, including the development of the African Rhino Theory of Change. Additional key words: Rhinoceros, Impact bonds, black rhino growth rate, …

Source: pdf_first_chars