The net sunlight reaching the Earth’s climate system depends on the solar irradiance and the Earth’s reflectance (albedo). We have observed earthshine from Big Bear Solar Observatory to measure the terrestrial albedo. For earthshine we measure the sunlight reflected from Earth to the dark part of the lunar face and back to the nighttime observer, yielding an instantaneous large-scale reflectance of the Earth. In these relative measurements, we also observe the sunlit, bright part of the lunar face. We report here reflectance data (monthly, seasonal and annual) covering two decades, 1998–2017. The albedo shows a decline corresponding to a net climate forcing of about 0.5 W/m2. We find no correlation between measures of solar cycle variations and the albedo variations. The first precise satellite measures of terrestrial albedo came with CERES. CERES global albedo data (2001-) show a decrease in forcing that is about twice that of earthshine measurements. The evolutionary changes in albedo motivate continuing earthshine observations as a complement to absolute satellite measurements, especially since earthshine and CERES measurements are sensitive to distinctly different parts of the angular reflectivity. The recent drop in albedo is attributed to a warming of the eastern pacific, which is measured to reduce low-lying cloud cover and, thereby, the albedo.