Malau Biobank launches consumer-facing site to fund rainforest rehabilitation
The Malau Biobank has launched a consumer-facing web site to fund conservation and rehabilitation of small patches of rainforest in a 34,000-hectare reserve in Malaysian Borneo. The site is available at protectmalua.com.
The Malau Biobank originally launched as a vehicle for palm oil companies and other developers to buy biodiversity credits to bolster their conservation credentials. The project aims to restore a former logging concession amid a sea of oil palm plantations to good health.
Malau is backed by New Forests, an alternative finance group with offices in Sydney and San Francisco. Al Gore’s Generation Management owns a stake in New Forests.