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The knowledge about potential climate change impacts on forests is continuously expanding and some changes in growth, drought induced mortality and species distribution have been observed. However despite a significant body of research, a knowledge and communication gap exists between scientists and non-scientists as to how climate change impact scenarios can be interpreted and what they imply for European forests. It is still challenging to advise forest decision makers on how best to plan for climate change as many uncertainties and unknowns remain and it is difficult to communicate these to practitioners and other decision makers while retaining emphasis on the importance of planning for adaptation. In this paper, recent developments in climate change observations and projections, observed and projected impacts on European forests and the associated uncertainties are reviewed and synthesised with a view to understanding the implications for forest management. Current impact assessments with simulation models contain several simplifications, which explain the discrepancy between results of many simulation studies and the rapidly increasing body of evidence about already observed changes in forest productivity and species distribution. In simulation models uncertainties tend to cascade onto one another; from estimating what future societies will be like and general circulation models (GCMs) at the global level, down to forest models and forest management at the local level. Individual climate change impact studies should not be uncritically used for decision-making without reflection on possible shortcomings in system understanding, model accuracy and other assumptions made. It is important for decision makers in forest management to realise that they have to take long-lasting management decisions while uncertainty about climate change impacts are still large. We discuss how to communicate about uncertainty – which is imperative for decision making – without diluting the overall message. Considering the range of possible trends and uncertainties in adaptive forest management requires expert knowledge and enhanced efforts for providing science-based decision support. [ABSTRACT FROM AUTHOR]

• We propose a framework for the optimal supply of forest biodiversity. • We define optimal wood and biodiversity streams to maximize social welfare. • Climate change has important implications for biodiversity-oriented policy mechanisms. • Current management undersupplies biodiversity and is inefficient under climate change. Forest biodiversity underpins social welfare by preserving ecosystem multifunctionality and the provision of ecosystem goods and services. Still, the social value of biodiversity is not adequately incorporated into forest management and decision support models. This study proposes a novel approach for defining socially optimal biodiversity levels, wood supply and taxation schemes under climate change. We developed a partial equilibrium model to maximize consumers' and producers' surplus until the end of the century, including climate change impacts as productivity shocks in a coupled ecological-economic framework. In our model, we consider a first-best and a second-best taxation scheme to internalize the value of forest biodiversity into forest planning. The framework developed here was applied to a temperate forest landscape in southwestern Germany, where biodiversity has a high social value. Our results indicate an increasing consumption of wood and supply of biodiversity (up to 38.4 %) until the end of the century. Moreover, climate change may affect forest productivity, optimal harvesting rates and taxation schemes. Crucially, current management is unable to capture the adequate social value of biodiversity and is inefficient under climate change. Policy mechanisms are therefore required to correct biodiversity provision in temperate forest landscapes. [ABSTRACT FROM AUTHOR]