In 2013 the top story on REDD-Monitor was the carbon credits as investments scam. All of the top ten posts on REDD-Monitor were about this story, which involves companies (largely UK-based) pushing carbon credits onto unwary retail investors.
Urgent appeal against the forced eviction of Sengwer/Cherangany communities in Kenya
Forest Peoples Programme has put out an appeal against the forced eviction of 6,000-7,000 indigenous people and other communities from the Embobut Forest in Western Kenya. FFP, together with communities and partners on the ground are asking organisations to sign on to the appeal.
FE Wealth Management is running a carbon credit recovery room scam
A company called FE Wealth Management is currently cold calling people offering to sell their carbon credits – for an advance fee, of course. And if it is not a recovery room scam, then I’m the Queen of Sheba.
REDD fails to address the drivers of deforestation in Indonesia
Indonesia’s rate of deforestation doubled in 2011-2012, compared to 2000-2003. That’s according to a recent satellite mapping study led by the University of Maryland with help from Google and NASA.
Financial Advisors Online is running a carbon credit recovery room scam
Financial Advisors Online is a company offering an exit strategy for people who were scammed into buying carbon credits as investments. Needless to say, for an upfront payment. And, needless to say, Financial Advisors Online is running a recovery room scam.