The importance of the construction industry, which is responsible for 40% of global CO2 emissions – and the important role that sustainably grown wood can play in reducing global CO2 emissions – is well known. We need simple, scalable tools to incentivize builders, architects, planners, forest associations, and institutions to use more wood as a building material.
CO2 storage certificates for wood buildings create environmental and financial incentives for institutional builders to use more wood as renewable building materials. We develop CO2 certificates for timber buildings, called Timber Carbon Capture & Storage (TCCS) certificates, to measure, monetize, and make tradable the long-term CO2 storage in building structures. We show and calculate how to generate CO2-relevant impact with Timber Investments.
The Paris Agreement clarified how CO2 emissions should be reduced and removed from the atmosphere. A CO2 market, an emissions trading system, was introduced to financially enable projects that want to reduce CO2 emissions. Here, regulated and voluntary companies can offset their emitted emissions by purchasing CO2 certificates and at the same time finance important climate protection projects.
We screen real estate portfolios and your development projects for their carbon storage potential. We monetize and certify the CO2 reduction performance of your timber construction projects through Timber Carbon Capture & Storage certificates TCCS.