An Indonesian conservation group is developing what it describes as the world's first results-based financing mechanism dedicated to manta ray conservation, aiming to secure long-term funding to protect the threatened species and support coastal communities.Called the Manta Impact Bond, the initiative is being developed by Konservasi Indonesia in partnership with Conservation International for launch in early 2029, with an initial fundraising target of $5 million and an anticipated duration of 20 years.Under the proposed structure, private investors would provide upfront funding for conserv…READ FULL ARTICLE
