New “timber construction mortgage” feasibility study
In collaboration with the ZHAW, Timber Finance has investigated the market potential of an innovative timber construction mortgage (“Timber Mortgage”), which is characterized by offering interest rate reductions for the use of sustainable wood in construction. The feasibility study can be downloaded here from September 5.
How did we proceed?
The Swiss market for sustainable mortgages was analyzed as part of the feasibility study. It was found that existing mortgage products usually only take energy efficiency into account, but neglect theCO2 storage capacity of wood, even though it makes a significant contribution to achieving climate targets. In addition, a comprehensive market survey and expert interviews were conducted to assess the interest and market relevance of a timber construction mortgage.
Results of the study:
The study shows that sustainable mortgage products are already widespread. However, there is no specific product that promotes and monetizes the sustainable use and CO2 storage of wood, which could offer a unique selling point. The market survey carried out confirms the interest and relevance of a Timber Mortgage.
Learn more in the webinar “Timber Mortgage and CO2 Storage Certificates” on September 5!
For anyone who would like to delve deeper into the results, Timber Finance is organizing a free webinar together with the ZHAW on 5 September. Register and find out first-hand how a timber construction mortgage can not only promote sustainable construction, but also help banks and customers to achieve their climate goals. We look forward to your participation!
Program:
Part 1: CO₂ storage through timber construction: potential and certification options – Frank Vasek, Head of Carbon Solutions, Timber Finance Part 2: Timber Mortgage: The green mortgage for timber construction – Prof. Dr. Thomas Richter, ZHAW Part 3: Discussion round, questions & answers
You can register for the webinar here:
Contributors: Prof. Dr. Thomas Richter, Frank Vasek