A private forest (also private woodland or private wood) is a forest that is not owned by municipal authorities (such as a corporate forest), church authorities or the state (e.g. a state forest or national forest). It can refer to woodland owned by a natural or juridical person or a partnership. According to the Food and Agriculture Organization of the United Nations, private forests are defined as forests owned by individuals, families, communities, private co-operatives, corporations and other business entities, religious and private educational institutions, pension or investment funds, NGOs, nature conservation associations and other private institutions. Currently, 22 percent [of the world’s forests] is privately owned. Globally, the share of publicly owned forests has decreased since 1990 and the area of forest under private ownership has increased.