The Heart of Borneo
The Heart of Borneo - Sabah, Sarawak, Kalimantan and Brunei
The Heart of Borneo Project, a major conservation project has been originally launched in 2007 by Brunei, Malaysia, and Indonesia. The Heart of Borneo covers 22 million ha of trans-boundary equatorial rainforest, including some of the most biologically diverse habitats on earth. The Heart of Borneo Project is backed by the WWF. WWF is aiming for a network of protected areas and sustainably-managed forests in the Heart of Borneo, to be achieved through international co-operation led by the Bornean governments, supported by a global effort.
The WWF has set 3 goals for the heart of Borneo.
By 2020, a 22 million hectare (220,000 km2 ) mosaic of protected areas, trans-boundary reserves, and sustainably managed corridors and buffer zones should be established to ensure the future of all Heart of Borneo priority species and endemism hotspots.
By 2020 there should be a zero rate of conversion of high conservation value natural forests to other land uses in the Heart of Borneo.
Long-term financing mechanisms should provide diversified and equitable benefits for local communities and governments and enhance ecosystem goods and services by 2020.
Heart of Borneo Green Business Network (GBN)
Businesses operating in the area have already taken steps to locate and manage their operations more sustainably. The Heart of Borneo Green Business Network (GBN) is aimed at companies operating in the fileds of mining, forestry and palm oil and aims to offer information and events which support companies to operate more sustainably in the Heart of Borneo.
Heart of Borneo Initiative (HoB) Initiative by the Asian Developmet Bank
ADB has submitted a proposal to the Global Environment Facility (GEF) on Sustainable Forest and Biodiversity Management in Kalimantan in Indonesian Borneo to support Indonesia's action plan under the HoB strategic framework. Further support has been provided from the ADB Climate Change Fund (CCF) to support the development and adoption of systems and measures to promote reduced emissions from deforestation and degradation (REDD) — laying the groundwork for future financing under the REDD forest carbon market.
(Source: Asian Development Bank)