WWF Announces $2.8M Indonesia Debt Swap

Forests of Borneo
WWF joined The Nature Conservancy and the Indonesian and US governments to sign a debt-for-nature swap agreement that will result in a new $28.5 million investment to help protect tropical forests in three districts on the Indonesian side of Borneo (Kalimantan).

This achievement is the result of two years of hard work and persistence by a joint US and Indonesia team.  Special congratulations is due to our Conservation Finance team of Esteban Brenes and Eric Swanson, who provided superb guidance and unrelenting energy, and to the Heart of Borneo team here and in Indonesia, namely Ginny Ng, Adam Tomasek, and Wisnu Rusmantoro, as well as to the leadership and vision of WWF Indonesia’s Budi Wardhana and Nazir Foead.

Other parts of the WWF network also contributed signficantly. WWF-NL and WWF-Germany joined with us to co-invest $2M as WWF’s aggregate contribution and co-financing of this program.

The funds from this debt swap will address the threat of deforestation and help reduce carbon emissions in Indonesia. It will invest in improved land-use planning to direct development toward already degraded lands; in improved management of protected areas, and other critical measures to reduce forest destruction; and also in supporting “green” Indonesia travel initiatives, other economic development opportunities, and local communities.  The swap will focus investment in three critical Districts, Kutai Barat and Berau in East Kalimantan and Kapuas Hulu in West Kalimantan province.

Notably, this swap also sets a major precedent, as it is the first debt swap under the U.S. Government’s Tropical Forest Conservation Act (TFCA) to have a major and explicit focus on averting climate change through tropical forest conservation.

Congratulations to all!

Tom Dillon
Sr. Vice President
Field Programs
World Wildlife Fund (WWF-US)

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Asia Transpacific Journeys offers several trips to Indonesia and Borneo. In June, Asia Transpacific Journeys teams up with WWF for our Into the Heart of Borneo small group trip. Learn more about travel to Borneo by contacting a Travel Specialist at 800-642-2742.

How to Travel to Borneo

Visit Borneo, the exotic island dense with tropical rain forests and teeming with rare and diverse wildlife. Traveling to Borneo is less complicated than you may think, and we would love to help you get there in style.

Asia Transpacific Journeys offers unrivaled Small Group Trips to Borneo, or can assist you in creating your own Custom Journey. Explore clear waters that host thousand of reef fish as you snorkel in the warm waters of Brunei Bay, hike to the summit of Mt. Kinabalu followed by a soak in the Poring Hot Springs, explore underground caves in the Gunung Mulu National Park, or embark on one of many exhilarating treks through the Borneo jungle.

You can always expect a balmy, tropical climate in equatorial Borneo. However, plan your trip between March and October if you prefer the best weather. Our Travel Specialists are always happy to work with you to make your journey as effortless as possible.

Lastly, be sure you have a valid passport that it is good for 6 months beyond your travel dates. If you need to, apply for a passport or renew yours as soon as possible. Visas are not required for U.S. citizens.

Call Asia Transpacific Journeys and talk with one of our travel experts about the range of exciting options. As always, rest assured that Asia Transpacific Journeys is committed to working only with partners in Borneo that have exhibited the best practices to care for Borneo’s precious wildlife and resources.