The Malua BioBank is a first-of-its kind model for investing in tropical rainforest conservation on a commercial basis and is a partnership between the Sabah State Government and the private sector.
Nothing like this has ever been done for the biodiversity in tropical rainforests, where conservation is financed by the private sector through a public - private partnership. The sale of certificates makes rainforest rehabilitation and conservation a commercially competitive land use compared to conversion of rainforest to agriculture or logging.
The Malua BioBank is a 34,000-hectare area called the Malua Forest Reserve in Malaysian state of Sabah, on the island of Borneo. Malua is part of the largest contiguous area of rainforest left on the island of Borneo and is a crucial buffer between virgin rainforest and oil palm plantations. The area is home to one of the world’s highest concentrations of orang-utans, as well as clouded leopards, sun bears and elephants.
The Malua BioBank generates Biodiversity Conservation Certificates (BCCs). Each certificate represents 100 square meters of rehabilitation and protection of the Malua Forest Reserve. The sale of Certificates makes the restoration and conservation of the Malua Forest Reserve commercially viable and therefore sustainable. See section: How it works
The Eco Products Fund, LP (EPF) is a private equity investment vehicle jointly managed by New Forests Inc. and Equator Environmental, LLC. Given growing interest in environmental markets, such as carbon trading and renewable energy, the Fund is looking to take an early position in markets for biodiversity.
The Malua BioBank employs a proactive approach to conservation. Our environmental stewardship program is coordinated under a rigorous Conservation Management Plan, designed and overseen by an Advisory Committee comprised of scientists and experts from local and international NGOs.
Through loyalty programs linking product purchase to CSR campaigns Malua BioBank offers an exciting new way to provide value to your customers and other stake holders. Find out more
Individuals and corporations should contact us with their requirements.
Most companies purchase at least 1000 BCCs. It depends on each corporation’s objectives and business strategy.
Eighteen endangered mammal species have been recorded in Malua and these include all of the well known Bornean species, like orang-utans, pygmy elephants, clouded leopards and sun bears. Some of the lesser known species, such as the bay cat which is only found in Borneo, pangolin, otter civet and slow loris also call Malua home. These species are endangered due to loss of their lowland rainforest habitat as a result of large-scale forest conversion to agriculture. Protecting their habitat is the best way to protect these species from becoming extinct.