Wood is an abundant and renewable natural resource. Its use is promoted as a way to reduce the carbon footprint in building construction. Wood structures are degraded by their environment due to weathering. This review is a meta-analysis of the main factors of degradation that belong to this phenomenon. The impact of irradiation, the role of water, oxygen, temperature, and colonization by fungi are explained. To protect against these factors, the use of coatings is the most common solution. Since currently the trend is to maintain the grain and the natural color of the wood, the use of transparent coatings is favored. This review presents the main technologies used in clear wood coatings. The durability of this protection against weathering is approached. The whole of knowledge gathered has made it possible to begin a discussion on the multifactorial aspect of wood weathering. Schemes were created to synthesize the synergistic and antagonistic effects between the degradation factors.