Whistleblowers raise alarm over American consultancy’s growing influence in pushing carbon markets and developing energy transition plans
A delegate at the Africa Climate Summit in Nairobi in September (Photo credit: Climate Centre)
Weeks before African leaders travelled to Nairobi for the continent’s first climate summit in September, climate justice groups wrote to Kenyan president William Ruto accusing consultancy firm McKinsey of “undue influence” on the summit’s agenda.
The American firm had offered Ruto support in running the summit during a meeting with him and US ambassador to Kenya Meg Whitman in late May, several sources told Climate Home News.
A few days later, in early June, McKinsey wrote the concept note, which set the summit’s structure, and later drafted a paper to frame its outcome.
“For a few weeks, it was their way or the highway,” a source close to the summit’s organisation told Climate Home.
At the time, the Kenyan government said civil society accusations that Mckinsey had captured the summit were “extremely far from the truth”. McKinsey said the claims were “inaccurate”.
But the backlash publicly exposed the influence McKinsey wields on Africa’s climate agenda – a position it would prefer to keep discreet.
Leaked documents
Now, Climate Home has obtained leaked documents and interviewed multiple sources, who have asked to remain anonymous because of the sensitivity of the issue.
They show how McKinsey dominates an ecosystem pushing carbon markets in...
Read Full Story:
https://news.google.com/rss/articles/CBMiZWh0dHBzOi8vd3d3LmNsaW1hdGVjaGFuZ2Vu...