3.3.2 Malaysia: Tropical Forest Rehabilitation
The Forests Absorbing CO2 Emissions (FACE) Foundation focuses on
reforestation in the tropics, Eastern Europe and Holland with 85% of the capital
committed to tropical projects. In Sabah, Malaysia FACE is currently funding a
tropical forest rehabilitation project (Innoprise-FACE Foundation Rainforest
Rehabilitation Project). It involves enrichment planting with indigenous
dipterocarp species on 5,000 hectares of logged over land thereby helping to
restore the original structure of the forest. It may be extended to cover 25,000
hectares. The rights to the downstream timber belong to Innoprise Corporation,
the concessionaire, and the carbon benefits belong to FACE. When Innoprise
harvests the trees it is also obliged to use RIL techniques to maintain the
integrity of the carbon
pool.