In recent years, a common theme in social science research, natural resource policies and practical management has been the increasing emphasis on partnerships and other forms of collaborative efforts as effective means to reach tangible and sustainable outcomes. Another significant trend is the increasing focus on the role of the forestry sector in managing the challenges of climate change, and the push towards a bio-based, low-carbon economy is at the epicenter of the public debate in several EU countries. Drawing on research on collaborative processes as well as research on policy design, this paper reviews the current trend to rely increasingly on collaborative efforts to improve sustainability, using forest governance in northern Europe as an illustrative case. It pays particular attention to efforts to balance concerned stakeholders through National Forest Programmes (NFPs), and considers these efforts in an international context. It concludes by elaborating on future research directions and policy recommendations that are critical to achieve intended outcomes in forest governance systems characterized by state-initiated collaborative processes as well as various forms of voluntary initiatives.