It said that more than 43 million hectares of forest have been lost in a little over a decade in just a handful of deforestation hotspots.
It found that just 29 sites across South America, Africa and South East Asia were responsible for more than half of the global forest loss.
Brazilian Amazon and Cerrado, Bolivian Amazon, Paraguay, Argentina, Madagascar, along with Sumatra and Borneo in Indonesia and Malaysia were among the worst affected.