At the beginning of December 2015, Troy Wiseman was in Paris. The CEO and co-founder of EcoPlanet Bamboo was there as part of the Nicaraguan government delegation to COP 21, the UN climate change negotiations. Wiseman’s Paris trip came just a few days before Wiseman wrote to the people unfortunate enough to have invested in…
Category: UK
Mohsin Salya has been jailed. Aadiel Salya faces jail for fraud
On 27 April 2016, REDD-Monitor wrote about three carbon credit fraud suspects who were wanted in Germany for tax evasion and money laundering. Two of the men, Ashraf Muhammad and Mobeen Iqbal, are from Pakistan and the third, Mohsin Salya, is British.
An update on EcoPlanet Bamboo, Eco Resources Fund, and Premier Group (Isle of Man) Ltd: “Substantial recovery of value from the plantations may be unlikely”
The Eco Resources Fund was launched in July 2012 in the Isle of Man. Via a special purpose vehicle called ERF Limited, the Fund invested in bamboo plantations in Nicaragua and South Africa. The bamboo plantations are run by EcoPlanet Bamboo.
REDD inequity writ large: €4.4 million for Althelia Climate Fund in “management fees”, while villagers in Kenya ask “How is the carbon benefiting me?”
By Chris Lang A new report by Re:Common and Counter Balance investigates the Althelia Climate Fund and its investment in a REDD project in Kenya. The report highlights the findings of a July 2016 visit to the Kasigau Corridor REDD+ project area in Kenya.
Response from Richard Wood, Director of Six and Flow, about Heron Global Partners: “We appreciate that the line highlighted is potentially misleading”
Two days ago, I wrote about a company called Heron Global Partners. Between January and October 2016, the company raised £10.8 million in “investments”. It did so, not by cold calling, but using “inbound marketing”.