About the Project Partners
About New Forests
New Forests Pty Limited is an environmental investment management and advisory services firm. In addition to world-leading forestry investment expertise, New Forests is at the forefront of developing and commercializing environmental products and evaluating opportunities from emerging environmental markets for carbon sequestration, biodiversity protection and water quality. New Forests has offices in Sydney, Washington, D.C., San Francisco, and Kota Kinabalu (Malaysia). The company holds an Australian Financial Services License.
About Equator Environmental, LLC
Equator Environmental specializes in the generation and management of high quality carbon credits and environmental assets derived from reforestation projects, forest conservation and sustainable land management. Equator uses state-of-the-art financial structuring techniques to create diversified revenue streams that benefit governments, timberland owners and local communities who make up its client and partner base. Equator advocates policies that support the development of ecosystem markets and create sustainable cash flows related to the protection and enhancement of the world’s ecosystems.
About the Eco Products Fund
The Eco Products Fund, LP (EPF) is a $50 million private equity fund that is jointly managed by New Forests Inc. and Equator Environmental, LLC. EPF invests in a portfolio of credits associated with wetlands and endangered species conservation, forest- and land-based carbon sequestration, and water quality improvements in the United States and internationally.
About the Sabah Forestry Department
The Sabah Forestry Department is a state government agency that was established in 1914 and entrusted as the custodian of the State’s forest resources. A total of some 3.6 million hectares of forest reserves, or about 50% of the state’s total landmass, is under the jurisdiction of the forestry department. The department aims to place all these forest reserves under Sustainable Forest Management (SFM) based on the state’s model forest, Deramakot, which is the first tropical forest to have been certified as a well managed forest under the Forest Stewardship Council (FSC) standards. The Forestry Department is a strong believer in SFM as the way forward to ensure a balanced and perpetual role of the forests for social, environmental and economic gain. Since the statewide adoption of SFM in 1997, the Forestry Department has been actively working with partners to achieve this goal, including seeking potential partners in devising sustainable financing for SFM implementation.
About Yayasan Sabah
The Sabah Foundation works to assist the Sabah State Government in strategic development initiatives. The Sabah Foundation is the largest forest concessionaire in Sabah, wholly owned by the State Government. It is responsible for the management of approximately 1 million hectares of forest in Borneo, including forests in the Danum Valley, Maliau Basin and Imbak Canyon. This area is home to the highest biodiversity in Sabah.
About Markit
Markit is a leading, global financial information services company with over 1,400 employees. The company provides independent data, valuations and trade processing across all asset classes in order to enhance transparency, reduce risk and improve operational efficiency. The Markit Environmental Registry has gained the reputation as the world's "meta-registry," providing customers with a financial markets based facility to hold and manage all of the environmental asset holdings in one place. The Markit Environmental Registry is operational and holds both carbon and biodiversity credits for customers all over the world.