{"id":15586,"date":"2023-10-19T15:31:36","date_gmt":"2023-10-19T14:31:36","guid":{"rendered":"https:\/\/timberfinance.ch.wp-dev-stage.de\/5-startups-making-the-billion-dollar-mass-timber-construction-market-sustainable\/"},"modified":"2023-11-22T09:31:14","modified_gmt":"2023-11-22T09:31:14","slug":"startups-making-mass-timber-construction-sustainable","status":"publish","type":"post","link":"https:\/\/timberfinance.ch\/en\/startups-making-mass-timber-construction-sustainable\/","title":{"rendered":"5 startups making the billion-dollar mass timber construction market sustainable"},"content":{"rendered":"<h5>We are very excited to have been selected as one of the Top 5 Innovators helping to transform the construction market!<\/h5>\n<div class=\"wef-h792s0\">\n<p>The global mass timber construction market was valued at $857.1 million in 2021, and is projected to be worth $1.5 billion by 2031, according to a\u00a0<a href=\"https:\/\/www.alliedmarketresearch.com\/mass-timber-construction-market-A16621\" target=\"_blank\" rel=\"noopener\">report<\/a>\u00a0by Allied Market Research.<\/p>\n<\/div>\n<div class=\"wef-h792s0\">\n<p>This rapid growth provides opportunities for innovators working in the nature-based materials sector to ensure that mass timber is being used in the most sustainable ways.<\/p>\n<\/div>\n<div class=\"wef-h792s0\">\n<p>Far from being a nostalgic nod to the past, these strategies integrate modern technologies and sustainable practices, highlighting wood&#8217;s potential as a versatile, eco-friendly and aesthetically pleasing alternative.<\/p>\n<\/div>\n<div class=\"wef-h792s0\">\n<p>Sustainably sourced and biobased materials, such as wood, have the potential to unite innovation and sustainability and reshape our cities for the better.<\/p>\n<\/div>\n<div class=\"wef-7k47mb\">\n<h2 class=\"chakra-heading wef-8rwnj8\">The UpLink Sustainable Forest Economy Challenge<\/h2>\n<\/div>\n<div class=\"wef-h792s0\">\n<p>To this end, the UpLink\u00a0<a href=\"https:\/\/uplink.weforum.org\/uplink\/s\/uplink-issue\/a002o0000174Au0AAE\/sustainable-forest-economy-challenge\" target=\"_blank\" rel=\"noopener\">Sustainable Forest Economy Challenge<\/a>\u00a0sought out ecopreneurial start-ups that provide innovative and scalable models for sustainable forest management, the production and application of different wood products and enabling technologies.<\/p>\n<\/div>\n<div class=\"wef-h792s0\">\n<p>UpLink has identified five of the winners of the challenge, all of which helping to advance the movement to incorporate more natural materials into the construction of the built environment.<\/p>\n<\/div>\n<div class=\"wef-7k47mb\">\n<h3 class=\"chakra-heading wef-s3lsw\">Recycling fallen trees<\/h3>\n<\/div>\n<div class=\"wef-h792s0\">\n<p><a href=\"https:\/\/uplink.weforum.org\/uplink\/s\/uplink-contribution\/a012o00001pUqcYAAS\/Building%20local%20regenerative%20supply%20chains%20with%20Carbon%20Smart%20Wood%E2%9C%AA\" target=\"_blank\" rel=\"noopener\">Cambium Carbon<\/a>\u00a0saves fallen city trees from landfills. They build local regenerative supply chains and partner with millers, architects, cities and businesses to upcycle fallen trees into Carbon Smart Wood, which locks carbon dioxide in green building projects. They are currently focused on furniture and interior and exterior design elements, and are looking to expand into structural timber in the future.<\/p>\n<\/div>\n<div class=\"wef-7k47mb\">\n<h3 class=\"chakra-heading wef-s3lsw\">Circular housing solutions<\/h3>\n<\/div>\n<div class=\"wef-h792s0\">\n<p><a href=\"https:\/\/uplink.weforum.org\/uplink\/s\/uplink-contribution\/a012o00001pUl6IAAS\/Sustainable%20forestry%20through%20innovative%20and%20circular%20housing%E2%9C%AA\" target=\"_blank\" rel=\"noopener\">Easy Housing<\/a>\u00a0creates affordable, climate-resilient timber homes in the Global South. They source local sustainable timber certified by the Forest Stewardship Council and invest in long-term collaborations with forestry partners to jointly increase sustainably managed forest coverage and biodiversity. This way, deforestation is avoided and demand for sustainably managed forests increases the planting of new sustainable forests. The buildings do not use glue or nails, only screws, so that each part of the building can be taken apart again for repair or recycling.<\/p>\n<\/div>\n<div class=\"wef-7k47mb\">\n<h3 class=\"chakra-heading wef-s3lsw\">Modular construction<\/h3>\n<\/div>\n<div class=\"wef-h792s0\">\n<p><a href=\"https:\/\/uplink.weforum.org\/uplink\/s\/uplink-contribution\/a012o00001pUnayAAC\/Scaling%20mass%20timber,%20low-carbon%20housing%E2%9C%AA\" target=\"_blank\" rel=\"noopener\">Juno<\/a>\u00a0designs and builds sustainable homes with mass timber. Mass timber uses state-of-the-art technology to glue, nail, or dowel wood products together in layers. The results are large, strong and versatile structural panels, posts and beams that can be used in place of steel and concrete. Juno is a pioneer in construction that sequesters rather than emits carbon. They also use a combination of repeatable architectural components and proprietary software to accelerate the development process, minimize material waste and maximize on-site productivity.<\/p>\n<div class=\"wef-7k47mb\">\n<h3 class=\"chakra-heading wef-s3lsw\">Investing in timber<\/h3>\n<\/div>\n<div class=\"wef-h792s0\">\n<p>The\u00a0<a href=\"https:\/\/uplink.weforum.org\/uplink\/s\/uplink-contribution\/a012o00001pUnDFAA0\/Bridging%20the%20gap%20between%20investors%20and%20the%20timber%20industry%E2%9C%AA\" target=\"_blank\" rel=\"noopener\">Timber Finance Initiative<\/a>\u00a0generates investment by creating new timber-related financial products and educating the finance sector about sustainable timber construction and forest management. It is currently developing a global, open-source methodology under a leading climate standard to enable the creation of impactful carbon removal certificates for mass timber construction. Carbon removal certificates have the potential to place a financial value on stored carbon in timber making it a more financially attractive option.<\/p>\n<\/div>\n<div class=\"wef-7k47mb\">\n<h3 class=\"chakra-heading wef-s3lsw\">Recycling robots<\/h3>\n<\/div>\n<div class=\"wef-h792s0\">\n<p><a href=\"https:\/\/uplink.weforum.org\/uplink\/s\/uplink-contribution\/a012o00001pUpzcAAC\/Circular%20economy%20for%20construction%E2%9C%AA\" target=\"_blank\" rel=\"noopener\">Urban Machine<\/a>\u00a0uses robots to collect and recycle waste wood which can be used in new construction. The robot separates nails with an AI pincer, cleans the wood surface with wire brushes, and checks its suitability for reuse. By facilitating the reuse of wood in construction Urban Machine is enabling more low carbon new construction and reducing pressure on forests to supply new wood.<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.weforum.org\/agenda\/2023\/10\/5-startups-mass-timber-construction-uplink\/\" target=\"_blank\" rel=\"noopener\">See full article<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"We are very excited to have been selected as one of the Top 5 Innovators helping to transform the construction market! The global mass timber construction market was valued at $857.1 million in 2021, and is projected to be worth $1.5 billion by 2031, according to a\u00a0report\u00a0by Allied Market Research. This rapid growth provides opportunities [&hellip;]","protected":false},"author":9,"featured_media":15584,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[186,231],"tags":[],"class_list":["post-15586","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-carbon-solution-en","category-news"],"_links":{"self":[{"href":"https:\/\/timberfinance.ch\/en\/wp-json\/wp\/v2\/posts\/15586","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/timberfinance.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/timberfinance.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/timberfinance.ch\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/timberfinance.ch\/en\/wp-json\/wp\/v2\/comments?post=15586"}],"version-history":[{"count":1,"href":"https:\/\/timberfinance.ch\/en\/wp-json\/wp\/v2\/posts\/15586\/revisions"}],"predecessor-version":[{"id":15587,"href":"https:\/\/timberfinance.ch\/en\/wp-json\/wp\/v2\/posts\/15586\/revisions\/15587"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/timberfinance.ch\/en\/wp-json\/wp\/v2\/media\/15584"}],"wp:attachment":[{"href":"https:\/\/timberfinance.ch\/en\/wp-json\/wp\/v2\/media?parent=15586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timberfinance.ch\/en\/wp-json\/wp\/v2\/categories?post=15586"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timberfinance.ch\/en\/wp-json\/wp\/v2\/tags?post=15586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}