Forests currently cover about 30% of the world's land but areas the size of Panama are lost each year due to deforestation. Deforestation damages land quality and threatens wildlife as 1.6 billion people and many endangered species rely on forests for resources. The primary causes of increasing deforestation are population growth, logging, agriculture, mining, and dam construction, which damage the environment by reducing carbon absorption, disrupting the water cycle, causing soil erosion, and endangering biodiversity.