In August 2008 the Ministers and Secretaries of state responsible for Forestry in the Nordic countries held a conference in Selfoss Iceland.  The topic of the conference was the importance of forests in facing up two of the most important environmental challenges of our time:  global climate change and the global administration of freshwater resources. The conference concluded with a Ministerial declaration - The Selfoss Declaration on Sustainable Forestry. This report presents proposed policy recommendations for the implementation of the declaration.  It further provides background information and an in-depth analysis of the challenges presented in the declaration. The aim of this report is to give recommendations to relevant actors within the Nordic forestry co-operation as to how the Selfoss Declaration can be implemented and followed up.