Rare

Rare Raises US$6 Million in Outcome Funding to Launch World’s First Small-Scale Fisheries Impact Bond

September 24, 2024 – Press Release (New York City) Rare announced today that it has raised US$6 million to launch a first-of-its-kind Small-Scale Fisheries (SSF) Impact Bond (Bond), the world’s first such bond specifically designed to channel private, public, and philanthropic capital to the small-scale fisheries sector. The Bond, first unveiled at COP28 in Dubai, will finance community-led co-management of small-scale fisheries, a proven pathway to meeting the needs … Continue reading Rare Raises US$6 Million in Outcome Funding to Launch World’s First Small-Scale Fisheries Impact Bond