## 5 Conclusions  
There are a lot of uncertainties regarding GHG emission reduction in the long term. The success of rewetting should be evaluated over a longer period; some studies even argue that there is no decrease in CH\({}_{4}\) emissions after 30 years of rewetting. To gain successful results of rewetting and achieve emission mitigation, both methods--rewetting and revegetation--should be combined, especially for peat extraction sites, to be defined as restoration. According to studies, rewetting is a water table rise and cannot be defined as restoration. After rewetting, revegetation should be performed by introducing sphagnum species that can pump out methane that increases after rewetting and causes faster peat accumulation. Recent studies argue that the afforestation of peatlands should not be considered as restoration. Also, drained and afforested peatlands, especially in boreal zones, are more vulnerable to wildfire risks, generating a great amount of GHG emissions from wildfires. For sustainable peatland management, proper strategies and methods are required to reduce the degradation of peatlands. To advance peatland management, more involvement of landowners and local communities in the decision-making process is required, enhancing knowledge of peatland's role in reducing GHG emissions. Industries and scientists should be allowed to promote more innovations and alternative solutions in peatland management. Strategies should also include more active interactions between organisations, industry, scientists, government, and landowners for sustainable peatland restoration and the creation of innovative solutions. Part of peatland management is continuous research promotion to encourage the production of new technologies and products where peat is used as a valuable raw material. Coherent policy and peat use as an energy resource, not as a commercially usable resource, are some of the drawbacks in peatland management. One of the solutions for better and more effective management of peatland restoration should be to use a greater combination of restoration methods. For example, the rewetting of peatlands should be realised in combination with topsoil removal before rewetting and revegetation after rewetting. After rewetting, one of the promising solutions for methane emission reduction could be paludiculture using sphagnum species. Paludiculture can also be the solution for further income for landowners and new innovative product development using biomass of harvested paludiculture plants. This review confirms that peat products and materials can compete with similar products in the market because of their unique properties. Peat products can replace some products where fossil materials are used. Peat, as a resource, has a wide range of applications in industry, from agriculture and construction to pharmaceuticals and medicine. Future peatland management strategies should consider alternatives to peat treatment, storage, and technological solutions to produce high-value-added peat products and materials that sequester carbon in the environment in production processes. The materials obtained from peat can also be used as a component in biodegradable packages, biosorbents, and filtering materials for water purification, and in bioremediation for the purification of contaminated soils. It is possible to obtain humic acids from peat, widely used in industry as dyes, air filtration systems, and batteries. Using peat in the bioeconomy can reduce the losses caused by peatland management and emission and also provide new innovative options for mitigating and managing the effects of climate change and achieving climate goals. Therefore, exploring alternative and novel strategies to reduce CO emissions from peatlands, improve peat processing, and develop new, commercially viable peat-based products is critical. Conceptualization, L.B. and D.B. ; methodology, L.B. ; validation V.S. and D.B. ; formal analysis, L.B. and K.B. ; investigation, L.B. and K.B. ; data curation, L.B. and K.B.