The Australian Funds-in-Trust, established in August 2008 between the UNESCO World Heritage Centre and the Australian Government, has been increased. A sum of $AUS830,000 has been added to the Australian Government's first generous contribution of $AUS2.5 million. From the Funds-in-Trust, $AUS1.13 million will be used to support the development of a conservation and management plan for the World Heritage property of Angkor, Cambodia, through a project called Heritage Management Framework. The framework is designed to strengthen the technical expertise and governance of the Cambodian Government managing agency, APSARA, so that the benefits of tourism and development at Angkor can be shared fairly while ensuring environment protection.
The Funds-in-Trust was created to support World Heritage-related activities in Asia and the Pacific region, with a particular priority to projects in the Pacific region, which is still one of the least represented regions on the World Heritage List.
The Funds-in-Trust will also support the organization of a workshop on the future direction of the World Heritage Convention to be held in February 2009. This workshop, requested by the World Heritage Committee, is meant to reflect on global strategic issues, key challenges, trends and opportunities facing the World Heritage Convention in view of its upcoming fortieth anniversary in 2012.