Both COP21 and COP22 stressed the role of forests in climate protection as a natural CO2 sink. With this in mind, the study reviewed some literature findings related to afforestation, stand level management, forest soils, peatland management and storage yards to increase the amount of CO2 absorbed by the forest ecosystem. It was shown that some of the assumptions, for example, afforestation or improved water relations in soils, may contribute to reduced CO2 levels in the atmosphere. Our research was of a review nature and consisted in seeking information in various scientific publications. For a better interpretation of the results, we have divided our research into several parts. In the first part, we analysed the importance of deforestation and afforestation in the context of CO2 accumulation. We discussed the results of research on these issues giving specific examples. We have analysed the possibility of afforestation of new land. Using the example of Poland, we have indicated problems related to this issue. We have analysed the possibility of afforestation of new land. On the example of Poland, we have indicated problems related to this problem. We have come to the conclusion that in today’s Europe, the obstacle to such efforts is the lack of land that can be afforested and the financial incentive to abandon farming for forestry is too low. In the second part, we discussed the role of forest stands in the process of CO2 accumulation and reduction. We discussed breeding treatments that can be performed on racks. We noticed their importance in the CO2 reduction process. We noticed that when the density of forests increased, this has a positive effect on organic carbon storage. We presented and discussed examples of different rotation strategies in the context of their impact on CO2 accumulation. We analysed issues related to obtaining wood raw material and possible further storage of coal or its release into the atmosphere. We have recognized that proper forest soil management is important for CO2 accumulation. Therefore, another part of the research was devoted to the discussion on the role of soil in the process of CO2 accumulation. We discussed examples of using soil for forest and non-forest purposes, looking for the answer: how does this affect CO2 accumulation? In addition, we analysed the impact of soil moisture on processes related to CO2 storage. In our research, we critically treated wood storage as a method of reducing CO2. We also discussed the problem of treating wood as a source of bioenergy. We came to the conclusion that wood as an energy source can have a positive effect on CO2 reduction. The condition is, however, that energy produced from wood replaces energy from fossil fuels. Finally, we presented and discussed financial and legal issues related to CO2 reduction activities involving forests. We have found that attempts to commercialize CO2 emission reduction units for emissions generated in forests should be linked to the environmental responsibility of companies, and as such, should not be included in the current emissions’ trading policies. In the article, we also present a Polish proposal to run coal farms. We discuss their importance in the context of the issues discussed in this article.