MPOWCF was thus launched with an initial funding of RM20 million of which RM10 million is a grant from the Malaysian government and the balance of RM10 million is provided by the palm oil industry. The fund is administered by the Malaysian Palm Oil Council (MPOC), which also has the overall responsibility to manage the various conservation projects funded through MPOWCF.
The MPOWCF serves the following purposes:
Helps to portray the good image of Malaysian palm oil by providing concrete assurances that its cultivation does not cause deforestation or loss of wildlife and their habitat through a focused conservation research program to be undertaken by experts from the academia, government agencies and NGOs.
Provides funds for studies on wildlife, biodiversity and environmental conservation while factoring the overall impact of the palm oil industry on these parameters.
