The Hindu BusinessLine: “If the rhino impact bond is successful, the world could see the creation of a new market to support environmental and social programmes. The planned sale of a rhino impact bond, aimed at growing the population of the endangered black rhino, is seen by its backers as a test for the creation of a conservation debt market that could be used for everything from protecting species facing extinction to preserving wildlife areas. The sale of the $50 million bond, which will take place next year, is the first financial instrument for species conservation and it is being run by the Zoological Society of London and Conservation Capital. The company was founded in Kenya about 15 years ago seeking to create business and investment finance tools for conservation. Under the programme, the five-year bond will cover conservation efforts at five sites in South Africa and Kenya where about 700 black rhinos, or about 12 per cent of the world’s population of the animals, live…”