Adaptation to climate change has often been discussed from the perspectives of social vulnerability and community vulnerability, recognising that characteristics at local level will influence the particular adaptations undertaken. However, the extent to which national-level systemic factors influence and shape measures defined as adaptations has seldom been recognised. Focusing on adaptation to climate change in forestry, this study uses the example of two countries in the northern hemisphere with different forest ownership structures, forestry industry and traditions: Sweden, with strong private, non-industrial ownership, dominant forest industry and long forestry traditions; and Scotland, with forest ownership dominated by large estates and investment forestry based on plantations of exotic conifer species. The study shows how adaptation to climate change is structurally embedded and conditioned, which has resulted in specific challenges and constraints for different groups of forest owners within these two different contexts. This produces a specific set of political spaces and policy tools by rendering climate change in relation to forestry manageable, negotiable and practical/logical in specific ways. It is recommended that the focus of future work on climate-related issues and development of adaptation measures and policy should not be primarily on climate-related factors, but on institutional analysis of structural factors and logics in target sectors, in order to critically explore concepts of agency and power within these processes.