In my country (Czechia) the contemporary forest cover is about twice as much as in the 18th century and several per cent bigger than in 1950.
The problem is species composition. Those forests are mostly monocultural and prone to devastating disease / pest outbreaks.
Regulation is slowly catching up though, and some of the larger companies have actually started doing more than is required by law.
An ex-coworker of mine has been working with a team on a drone tree-planting startup that is bidding to take on government and heavy industry contracts.
IIRC there are several companies working in that space and surprisingly not more.
Though I suppose that social guilt and pressure is still required to get those heavy industrial corps to want to wear a big green badge boating about all the trees they’ve planted.