A company called Radley Ventures Nominees is involved in selling shares in Med Cell Plc, a UK registered company linked to a stem cell research company in the Bahamas. REDD-Monitor has seen a copy of Radley Ventures Nominees’ “Confidential Private Placement Agreement”. Needless to say, this so-called “investment” raises plenty of red flags.
Boiler room scammer Michael Nascimento jailed for 13 years
Michael Nascimento has been sentenced to 13 years in jail for his role in a series of boiler room companies.
Between July 2010 and April 2014, the scammers cold called members of the public promoting investment schemes in Madeira. They promised guaranteed returns of between 125% and 228%, and convinced more than 170 people to hand over a total of more than £2.8 million. Of course, no one who invested ever saw any returns.
REDD in the news: 17-23 September 2018
REDD-Monitor’s round-up of the week’s news on forests, climate change, and REDD. For regular updates, follow @reddmonitor on Twitter.
Brazil: The Suruí REDD project has been suspended indefinitely
The Suruí Forest Carbon Project in Brazil has been suspended indefinitely as a result of illegal diamond and gold mining, as well as illegal logging, inside the 248,147 hectare territory of the Suruí.
‘Actually existing’ REDD: Social tensions, ongoing deforestation, local confusion, financial benefits not delivered
“Early evidence from REDD+ projects suggests major challenges, including: ongoing weak enforcement of domestic laws on forests and land, leading to limited effectiveness; contestation or conflict over property rights and community benefits; as well as securitisation and violence, often perpetrated by government agencies.”
REDD in the news: 10-16 September 2018
REDD-Monitor’s round-up of the week’s news on forests, climate change, and REDD. For regular updates, follow @reddmonitor on Twitter.
Indigenous Peoples protest REDD in California: “No carbon colonialism. No REDD+”
This week sees the Global Climate Action Summit in San Francisco, USA. Organised by California’s governor, Jerry Brown, the Global Climate Action Summit runs from 12 to 14 September 2018.
REDD in the news: 3-9 September 2018
REDD-Monitor’s round-up of the week’s news on forests, climate change, and REDD. For regular updates, follow @reddmonitor on Twitter.
Are Indonesia’s peatland fires worse than burning coal?
Harold Tjiptadjaja is Managing Director and Chief Investment Officer of Indonesia Infrastructure Finance, an institution created by the World Bank, the Asian Development Bank, and Indonesia’s Ministry of Finance. IIF funds oil and gas projects, airports, toll roads, seaports, and power generation, among other things.
This week Eco-Business reported Tjiptadjaja as saying that “Deforestation poses a bigger problem for the climate than burning coal in Indonesia”.
REDD in the news: 27 August – 2 September 2018
REDD-Monitor’s round-up of the week’s news on forests, climate change, and REDD. For regular updates, follow @reddmonitor on Twitter.
New UNFCCC video “Keep calm and offset”. Or how we will lose the fight against climate chaos
The UNFCCC recently released a video titled “Keep calm and offset”. The basic premise is that we don’t need to stop driving, flying, or eating meat. We just need to buy carbon credits.
Threats. Violence. Criminalisation. Murder. The reality for Indigenous Peoples and local communities protecting lands and forests
“A global crisis is unfolding. The rapid expansion of development projects on indigenous lands without their consent is driving a drastic increase in violence and legal harassment against Indigenous Peoples.”
REDD in the news: 20-26 August 2018
REDD-Monitor’s round-up of the week’s news on forests, climate change, and REDD. For regular updates, follow @reddmonitor on Twitter.
Governor Brown: If you care about climate change, stop drilling for oil. REDD is a dangerous distraction
In the last few weeks, California’s governor Jerry Brown has received two letters about climate change. One recommends that he should take meaningful action on climate change. The other recommends that he should provide a loophole to allow the oil industry to continue polluting.
EcoPlanet Bamboo “suffered a fraud that led to the closing of operations” in Nicaragua. Really?
EcoPlanet Bamboo, according to the company’s website, “is leading the industrialization of bamboo as a viable and environmentally attractive alternative fiber.” The company claims to have established bamboo plantations in Nicaragua, South Africa, and Ghana.