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Search Results for: "April Salumei"

London Capital & Finance

Robert Sedgwick: The solicitor who helped London Capital & Finance sell mini-bonds also helped scammers sell “carbon benefit units” from the April Salumei REDD project in Papua New Guinea

Posted on 1 November 201915 September 2020

By Chris Lang In January 2019, an investment scheme called London Capital & Finance went into administration after an investigation by the Financial Conduct Authority.

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Qantas is selling carbon offsets from Papua New Guinea’s April Salumei REDD project to offset its flights. Meanwhile, the PNG government just announced that the project was halted over landowner disputes

Posted on 13 August 20192 February 2020

“Airlines are taking action on climate change, but we need to do a better job of telling people that.” That’s Alan Joyce, the Chief Executive Officer of Qantas Airways, in a statement he put out last week. “I’m proud of what Qantas, and our customers, are doing,” he adds.

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Interview with Kate Heller, VCS Communications Manager, about April Salumei: “We cannot speak for the other ‘credits’ issued by the project”

Posted on 31 January 201818 February 2020

In 2011, a Swiss company called World Markets AG bought five million “carbon benefit units”. They came from the April Salumei REDD project in Papua New Guinea. World Markets sold the “carbon benefit units” at a profit of over US$5 million.

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Does the April Salumei REDD project still exist? More questions for Stephen Hooper about his project in Papua New Guinea. And a reminder about the 14 still unanswered questions that REDD-Monitor asked two months ago

Posted on 6 December 20172 February 2020

In July 2017, a group of over 150 people who had been scammed into buying “carbon benefit units” got in touch with REDD-Monitor. Several London-based boiler room operations, including Industry RE, had sold them the “carbon benefit units”, supposedly as investments. Unfortunately they were worthless.

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Some questions for Stephen Hooper about the “carbon benefit units” sold from his April Salumei REDD project in Papua New Guinea

Posted on 2 October 20172 February 2020

April Salumei is a REDD project in Papua New Guinea. Various companies, including Qantas, Eneco Energy Trade, and Norwegian supermarket chain Rema 1000, have bought carbon credits from the April Salumei REDD project. Should you so wish, you can buy carbon credits from the project on the USAID-funded website Stand for Trees.

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