Financing contributions for timber construction projects through CO2 storage certificates
An online information event on the project will be held. During the event, the process will be explained in detail and you will have the opportunity to ask your specific questions. We look forward to your participation!
When: February 08, 2024, 4 p.m. (CET)
For the first application of theCO2 methodology in Switzerland, timber construction projects are being sought that are eligible for the pilot phase, as well as property developers who would like to benefit from the proceeds of theCO2 storage certificates and familiarize themselves with the certification process for future timber construction projects. In the pilot phase, questions regarding additionality, double counting and permanence will be clarified. The chosen approach favors property developers and takes into account the procurement of wood from sustainably managed forests.
Participation is open to all: Clients, architects, engineers, general contractors, total contractors and client representatives. 15-20 regionally and property-specific well-diversified construction projects are included. Confirmation of admission will be issued upon receipt of the declaration of participation.
The financing contributions from theCO2 storage certificates for the climate performance of timber construction make timber construction projects more competitive compared to conventional construction methods. In addition to participating in the profits, property developers have the unique opportunity to count the climate performance of their timber buildings towards meeting their own climate targets. Participants take part in a globally unique project and contribute to laying the foundation for future investment decisions in timber buildings.
You can find more information under Carbon Solutions.