Earth's Precious Natural Resources
The world loses almost six million hectares of forest each year to deforestation. That's like losing an area the size of Portugal every two years. Unbelievably, over 200,000 acres of rainforest are burned every day. That is over 150 acres lost every minute of every day, and 78 million acres are lost every year!
Approximately 3.5 billion to 7 billion trees are being cut each year according to a report referenced on the Rainforest Action Network and other publications. Given the current estimate of the total tree cover on the planet, that could equate to about 0.11% of trees being cut each year. According to the World Bank, there are four countries with no forest whatsoever: San Marino, Qatar, Greenland, and Oman. The global forestry and logging market size is expected to grow from $783.54 billion in 2021 to $871.13 billion in 2022.