Basic errors in McKinsey-influenced national plans
A new Greenpeace report, Bad Influence, has revealed how advice given
by global consultancy firm McKinsey to national governments could lead
to an increase in the destructive logging it is intended to prevent.
As two former McKinsey executives face accusations of insider trading in the US, the report raises further questions about the consultancy
giant, examining the damaging influence of McKinsey’s advice on
rainforest nations’ forest protection plans. McKinsey is the market
leader in advising national governments on Reducing Emissions from
Deforestation and Degradation (REDD+) programmes, yet its advice has
played a key role in distorting this process to a point where donor
money could be used to subsidise the expansion of the logging industry.