In the twelve years since the first Asia-Pacific Forestry Sector Outlook Study was completed in 1998, the region has experienced tremendous changes in nearly every aspect. These changes have been particularly profound in the forestry sector, where society has dramatically increased its demands and expanded its expecations of forests and forestry. This publication summarizes the key findings and results of the second Asia-Pacific Forestry Sector Outlook Study - a comprehensive effort spanning nea rly four years and involving all member countries of the Asia-Pacific Forestry Commission. The current report synthesizes observations and findings from almost 50 country and thematic reports in providing analyses of the status and trends of all aspects of Asia-Pacific Forestry. The publication also analyzes key factors driving changes in forestry in the region and sets out three scenarios for 2020: "Boom", "Bust" and "Green Economy". The report concludes by outlining priorities and strategies t o move the region's forestry sector onto a more sustainable footing and to provide continued benefits to future generations.