Forest cover in Ireland is low at 11% compared to the EU average of 34%. Nearly half of Irish forests are less than 20 years old. Ireland's forests store 312 million tonnes of carbon and absorb the equivalent CO2 emissions from 80% of Irish cars annually. Forests provide important habitats and are becoming more popular for recreation. Historically, forest cover declined due to factors like agriculture expansion and shipbuilding. Today, planting programs are increasing forest area and about half of forests are privately owned. Forests provide economic, environmental and social benefits.