How does the Malua BioBank work?
The Sabah State Government has licensed conservation rights for a period of 50 years to the Malua BioBank and a private investor has committed up to US$10 million for the rehabilitation of the Malua Forest Reserve over the next six years. The Malua BioBank sells Biodiversity Conservation Certificates, with each certificate representing 100-square meters of rainforest restoration and protection. Revenues generated from the sale of Biodiversity Conservation Certificates will be used to recover costs incurred and to endow a trust fund (“Malua Trust”) set up to manage the long-term conservation management of the Malua BioBank over the remaining 44-year period of the license. Any profit will be shared between the forest management license holder (Yayasan Sabah, a foundation established by the Sabah Government to improve the livelihoods of local citizens) and the Malua BioBank investor. Progress toward key management goals and priority actions outlined in the Conservation Management Plan wil
