Eventus Alternatives is a Dubai-based company selling carbon credits to individuals as investments. Carbon, according to the company’s website is, “The dawn of a new commodity – the booming new alternative providing comprehensive return on investment.”
United Arab Emirates
There are 23 posts filed in United Arab Emirates (this is page 2 of 2).
The Carbon Platform: Is this how a boiler room recruits staff?
The Carbon Platform is a Dubai-based company offering investment in the Carbon Compliance Market, as well as the opportunity to make yourself carbon neutral or your company green. The company is currently updating its website. “Too busy making everyone green…!” an announcement explains.
Advanced Global Trading: “Any price for VCUs is meaningful if a buyer can be found at such price”
Farah Halime, a journalist based in Cairo, reports that records from Dubai’s Department of Economic Development show that AGT’s license in Dubai will expire today. When she asked AGT whether it plans to renew the licence, the company re-sent her a statement it produced last week.
Advanced Global Trading sold at least US$25 million of voluntary carbon credits as investments
Two articles about Advanced Global Trading were published at the end of last week. One by Vivian Nereim, a journalist with The National, an Abu Dhabi English-language newspaper, and one by Farah Halime a journalist based in Cairo.
Another response from Advanced Global Trading: “We see no utility for our clients or stakeholders in corresponding with you again”
Advanced Global Trading is a Dubai-based company that sells voluntary carbon credits as an investment. As with any company doing so, the question is whether the company is a boiler room operation, selling near worthless carbon credits at hugely inflated prices.
Some questions for Charles Stephenson, CEO of Advanced Global Trading
Earlier this month, REDD-Monitor wrote about a Dubai-based company called Advanced Global Trading. AGT is yet another company that sells voluntary carbon credits as an investment. REDD-Monitor asked whether the company was a boiler room, a Ponzi scheme, or both.
Response from Advanced Global Trading: “We can only hope that you amend the title and the last paragraph of your article”
Recently, REDD-Monitor wrote about a company called Advanced Global Trading that sells voluntary carbon credits to the public as an investment.
Advanced Global Trading: Another boiler room scam? Or a Ponzi scheme? Or both?
Advanced Global Trading sells voluntary carbon credits to members of the public as an investment. The company’s brokers cold call people and attempt to persuade them to invest. “For a minimum investment of $25K you too can invest in Carbon and make a difference,” the company states on its website.