In the Media
McKinsey trampled on the rainforests – it can’t be trusted
November 11, 2011
guardian.co.uk
This year, Greenpeace completed an in-depth investigation into McKinsey’s work on forests for the governments of the Democratic Republic of Congo, Guyana, Indonesia and Papua New Guinea. The work was paid for by donors like the UK government and did not represent value for money.
McKinsey’s advice was supposed to show forest countries how to reduce their emissions from deforestation as part of global efforts to tackle climate change. However, its advice, if followed, would lead to increased deforestation and carbon emissions and would only benefit foreign extractive industries and not people in some of the poorest nations in the world – the opposite of what was intended. This poor-quality advice was based on oversimplified and misleading McKinsey trade-marked modeling.
McKinsey has consultancy divisions for the mining and pulp and paper and forest products’ sectors, the same sectors that benefit from McKinsey’s advice on forests. At the same time it refuses to answer questions about potential conflicts of interest.
Please click here to read the original news item.
Keywords: Congo, Forest, Guyana, Indonesia, Mckinsey, mining, Papua New Guinea, pulp and paper