Borneo Rainforest Project Receives $1 Million Brunei Dollars
Sunday, October 26th, 2008Brunei Shell Petroleum (Shell Oil) and HSBC partnered with the Ministry of Industry and Primary Resources have donated a combined amount of $1 million Brunei dollars to the Heart of Borneo project - a project dedicated to protecting tropical rainforests across Borneo’s three nations (Brunei, Malaysia, and Indonesia).
Brunei Shell Petroleum and HSBC each handed over cheques of BND$500,000, both amounting to BND$1,000,000 (USD$665,000) to assist towards the establishment of the Heart of Borneo Brunei Center, an administrative facility for implementing the Heart of Borneo initiative.
Dr Grahaeme Henderson, Managing Director of Brunei Shell Petroleum said “Brunei Shell Petroleum has played a pivotal role in Brunei’s Heart of Borneo project. We are proud to have been the initiating partner, with the Ministry of Industry and Primary Resources, when the Heart of Borneo project was still on the drawing board
“Brunei Shell Petroleum’s contribution towards the heart of Borneo started with the funding of the Project Implementation Framework phase,” he continued, referring to BSP’s July donation of BND$203,700 towards the Project Implementation Framework of the Heart of Borneo.
HSBC’s Chief Executive Officer Mr Tareq Muhmood said, “Today is much more important than just handing over a contribution. It is the early steps in a journey towards a sustainable future. HSBC’s roles in the Heart of Borneo initiatives are two-fold: putting the infrastructure in place to move the HoB initiatives forward and funding the field experiments on the long term effects of climate change led by Smithsonian Tropical Research Institute and the Universiti Brunei Darussalam”.
According to World Wide Fund For Nature (WWF):
The Heart of Borneo’s forest area is 1 of the only 2 places on Earth where orang-utans, elephants and rhinoceros still co-exist and where forests are currently large enough to maintain viable populations.
WWF also says that the forests of the Heart of Borneo are some of the most biologically diverse habitats on Earth, possessing staggeringly high numbers of unique plant and animal species.


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