United Arab Emirates | REDD-Monitor

Response from Advanced Global Trading: “We can only hope that you amend the title and the last paragraph of your article”

Posted on 21 May 201319 March 2021

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?

Posted on 9 May 201328 October 2020

By Chris Lang 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.

“We intend to fulfill part of our domestic targets through purchasing of emission-reduction performances from projects, because that not only helps us achieve our goals, but catalyzes the domestic market. We would not only buy and sell like traditional dealers, but we could package them so that we buy insecure credits and we sell secure credits, and that increases the value quite considerably.”

— Agus Sari, Chair, Working Group on Funding Instruments in Indonesia’s REDD+ Agency, February 2014