McKinsey & Co. is helping rainforest nations such as Indonesia and Guyana safeguard their logging industry while gaining access to millions of dollars in funds intended to protect trees, Greenpeace said.
Forest management plans by Guyana and the Democratic Republic of Congo based on McKinsey advice include inflated projections for logging rates, allowing them to claim aid for undershooting those levels while increasing the number of trees they chop down, Greenpeace, an environmental pressure group, said in a report today. McKinsey said it stands behind its work and disagrees with Greenpeace’s findings.
