Response from Lee Hales, Prestige Investment Group Limited: “Please remove the information you have posted about on your website”

2016-05-26-111956_1041x1026_scrotA little over a month ago, REDD-Monitor wrote about a company called Prestige Investment Group Limited. The company director, Lee Hales had written to REDD-Monitor explaining that he wanted to speak to people who had been scammed into buying carbon credits as investments.

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Response from Nick Meade, ex-director of D&P Sites part of the Capital Alternatives network: “Libellous and defamatory comments”

2016-05-25-185143_846x643_scrotIn October 2014, REDD-Monitor wrote about Sterling and Bond, Voiptel International, and Velvet Assets. The companies were part of the Capital Alternatives network. The post received more than one hundred comments, some of which named the individuals involved in these and other related companies.

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Indigenous Environmental Network: REDD “must be immediately canceled”

No REDD!Over the past two weeks, the 15th session of the Permanent Forum on Indigenous Issues took place at the UN headquarters in New York. On 18 May 2016, the Indigenous Environmental Network put out a press release demanding an end to carbon offsets and REDD. It slams the Paris Agreements as “a crime against humanity and Mother Earth”.

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Response from Salya Group: “Please could you kindly remove this link … with the upmost urgency”

Salya GroupThree weeks ago, REDD-Monitor wrote a post about three carbon credit fraud suspects who are wanted in Germany for tax evasion and money laundering. On Sunday, I received an email from “AS” at Salya Group accusing me of having “wrongfully written your blog” and requesting that the post is removed.

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UN Human Rights Council review on Papua New Guinea: “Yet another wake up call that what is happening in PNG is a human rights catastrophe”

2016-05-13-151045_1217x1009_scrotIn recent years, Papua New Guinea has handed out 5.5 million hectares of land as Special Agriculture and Business Leases. In addition, the government has issued 10 million hectares in logging concessions. The totally predictable result has been an increase in deforestation, and serious human rights abuses.

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NGOs dissatisfied with Swedish Energy Agency response, once again call on the Agency to cancel carbon credit purchase from Green Resources’ monoculture plantations in Uganda

Green ResourcesGreen Resources is a Norwegian company that claims to be “Africa’s largest forestation company.” The company has established a total of 45,000 hectares of industrial plantations in Africa. It also generates carbon credits from its plantations.

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The European Investment Bank and USAID are supporting REDD through Althelia Climate Fund: A financial intermediary based in the tax haven of Luxembourg

2016-05-05-212726_1183x1026_scrotOn 13 June 2013, the European Investment Bank agreed to give up to €25 million to Athelia Climate Fund. This is the first time that the European Investment Bank has funded a European carbon fund. It is also the first time that the EIB has supported REDD, and it is doing so through a financial intermediary.

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