What will happen to the Malua BioBank at the end of 50 years?
The current conservation rights to the Malua Forest Reserve will last for 50 years. At the end of this time, the objective is for the non-wasting endowment to be fully capitalized. All endowment funding can be used either to renew the conservation rights to the Malua Forest Reserve or to establish a conservation bank on another property with high biodiversity value. It is important to note that the Malua BioBank involves private investors and one of the primary objectives of the project is to make it commercially successful through the sales of Biodiversity Conservation Certificates. The level of investment in the project will be commensurate with actual and likely Certificate sales. If the level of investment is less than $10 million, the area protected on a long-term basis may be less than the full area of the Malua Forest Reserve. The Steering Committee of the Malua BioBank will determine what this smaller Protected Area is. In the event a Protected Area is created, the Malua Trust