Analysts have calculated that utilizing wood in 80% of new residential building projects in Europe alone would absorb 55 million tons of carbon dioxide (CO2). This would effectively halve the CO2 annual emissions caused by the construction industry in Europe.
The conflict in Ukraine and the European sanctions imposed on Russia, as a response, has a significant impact on energy and commodity prices. The confluence of supply unpredictability, high energy costs, and growing material costs has heightened the necessity of embracing sustainable, locally accessible alternatives like wood.