Who will buy Biodiversity Conservation Certificates?
As commodity and oil prices rise, South East Asia is becoming a hotspot for agricultural expansion. Energy, food and cosmetics companies relying on agribusiness products, particularly palm oil, are increasingly scrutinized for perceived impacts on rainforests. By purchasing Biodiversity Conservation Certificates, buyers can transparently support an effective long-term investment in forest conservation that is cost efficient for downstream consumers. Additionally, local companies have purchased Biodiversity Conservation Certificates in order to align themselves with Sabah’s leadership on environmental issues. Conservation-oriented non-governmental organizations also may support the project through purchases as a means of advancing the important goal of making rainforest conservation a viable economic option for communities and governments around the world.
