Quantifying forest aboveground biomass (AGB) is essential for elucidating the global carbon cycle and the response of forest ecosystems to climate change. Over the past five decades, remote-sensing techniques have played a vital role in forest AGB estimation at different scales. Here, we present an overview of the progress in remote sensing-based forest AGB estimation. More in detail, we first describe the principles of remote sensing techniques in forest AGB estimation: that is, the construction and use of parameters associated with AGB (rather than the direct measurement of AGB values). Second, we review forest AGB remotely sensed data sources (including passive optical, microwave, and LiDAR) and methods (e.g., empirical, physical, mechanistic, and comprehensive models) alongside their limitations and advantages. Third, we discuss possible sources of uncertainty in resultant forest AGB estimates, including those associated with remote sensing imagery, sample plot survey data, stand structure, and statistical models. Finally, we offer forward-looking perspectives and insights on prospective research directions for remote sensing-based forest AGB estimation. Remote sensing is anticipated to play an increasingly important role in future forest AGB estimation and carbon cycle studies. Overall, this comprehensive review may (1) benefit the research communities focused on carbon cycle, remote sensing, and climate change elucidation, (2) provide a theoretical basis for the study of the carbon cycle and global climate change, (3) inform forest ecosystems and carbon management, and (4) aid in the elucidation of forest feedbacks to climate change.