The world’s top management consultancy McKinsey & Company is using its position as a key advisor to the UN’s COP28 climate talks to push the interests of its big oil and gas clients, undermining efforts to end the use of the fossil fuels driving global warming, according to multiple sources and leaked documents.
Behind closed doors, the US-based firm has proposed future energy scenarios to the agenda setters of the summit that are at odds with the climate goals it publicly espouses, an AFP investigation has found.
An “energy transition narrative” drafted by the firm and obtained by AFP only reduces oil use by 50 percent by 2050, and calls for trillions in new oil and gas investment per year from now until then.
Read more: france24.com
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