Climate Protectors Sdn. Bhd Review
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Review
Fast Facts
Contact Info and Support
Traffic information
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About Climate Protectors Sdn. Bhd
Climate Protectors Sdn. Bhd. is incorporated in Malaysia as a limited liability company with registration number 201301003168, formerly known as 1033006‑A (). The firm appears to operate a website at climateprotector.wordpress.com (). The Central Bank of Malaysia (Bank Negara Malaysia) added Climate Protectors Sdn. Bhd. to its Financial Consumer Alert list on 23 June 2017, stating that the company is not authorised or approved under the relevant laws and regulations administered by BNM (). Bank Negara further noted that the company may have been wrongly perceived or represented as being licensed or regulated by BNM ().
The firm marketed a carbon‑offset project in Kelantan, purportedly under a 30‑year agreement for 396,000 ha of forest, and promoted this as a UN‑initiated mechanism under REDD‑plus, which is inaccurate. The project involved selling carbon credits to the European carbon market; this was flagged as misleading promotion of an unregulated investment scheme ().
Who it’s for
- Investors seeking carbon‑offset projects or environmental investment schemes—though Climate Protectors is unregulated and not approved by Bank Negara Malaysia.
- Individuals or organizations evaluating the legitimacy of environmental investment offerings in Malaysia.
Pros and cons
Pros
- Registered as a legal entity in Malaysia with a valid company registration number.
Cons
- Not authorised or regulated by Bank Negara Malaysia, explicitly warned in BNM’s alert dated 23 June 2017.
- Marketed a carbon‑offset scheme with misleading claims referencing REDD‑plus and UN affiliation.
- Offers no verifiable regulatory protections; potential misrepresentation of licensing status.
