Nature For Sale But Who s Buying? Biodiversity Banking in Malua, Sabah.
There is a growing shift in environmental management tools from the traditional command and control approach to market mechanisms where environmental goods and services are assigned market values to generate incentives for environmental protection. In November 2007, the Sabah state government announced a joint venture with New Forests Pty. Ltd. to set up a Wildlife Conservation Bank at Malua Fores