26.11.2021
The "Timber Finance Initiative" focuses on wood against climate change. Timber Finance wants to become the Swiss competence center for sustainable timber investments and thus connects the timber construction and finance industries. The startup, based in our offices in Zurich, was co-founded by Stefan Zöllig, among others. We wish you a good start.
"Wood can contribute to combating climate change and, thanks to its thanks to its CO₂ storage capacity. the asset of the coming years for climate-conscious investors." The Zurich Timber Finance Initiative is convinced of this: the association, founded in March 2021 in Zurich The association, founded in Zurich in March 2021, aims to promote knowledge transfer and networking between the forest and timber industry and the financial market through the development of new Methodologies for CO₂ storage, financial products, through white papers, analyses and reports, a knowledge hub, Promote training and consultations.
"The construction industry is responsible for around 40% of global CO₂ emissions. Sustainably-grown wood will play an important role in the decarbonization of the construction industry important role in the decarbonization of the construction industry: As a CO₂ store and as a CO₂-negative building material. By 2030, we want to invest around CHF 100 million in the forestry and timber industry by 2030, thus making a significant contribution against climate change," explains Erik Reichmuth, TFI Managing Director and finance expert.
The Timber Finance Board scores with multi-company founder & VR Thomas Fedrizzi and innovator and "Timber Startup Incubator" founder Stefan Zöllig as well as the experienced timber industry expert Thomas Lüthi. Currently, the Timber Finance Initiative is focused on three services and products:
Development
CO₂ storage certificates for timber buildings
In order to drive forward the decarbonization of the
decarbonization of the construction industry, the Zurich Timber Finance Initiative is developing a
is developing a system based on international standards
CO₂ certificate
for carbon dioxide removals in timber construction.
The certificate is intended to create ecological and financial incentives for institutional
to use more wood as a building material and at the same time to compensate for the
ecological forestry services required for this purpose. The launch of the certificate
is planned for the first quarter of 2022.
Advisory &
Knowledge Hub
Timber Finance advises banks,
pension funds, investors and family offices on sustainable investment strategies and timber
and Timber Investments in Switzerland and Europe. Institutional
Timber Finance supports institutional real estate investors as a builder's consultant on the subject of
competitions, tendering, awarding, regional wood procurement and financing
of timber construction projects.
The Timber Carbon
Capture & Storage Index
Timber Finance has developed the first
Index for the modern forest and timber industry. The index includes 30
selected, listed companies from Europe and North America from the most
most sustainable part of the timber industry. The index launch is scheduled for January 2022
planned.
"There is a knowledge and investment gap
between the forest and timber industry and the financial market. We want to close this
Close this gap with sustainable financial products. Because sustainably
managed wood - from forests to timber construction - is the hidden champion in the field of sustainable finance in our latitudes.
the "hidden champion" in the field of sustainable finance in our latitudes and belongs in the portfolio
portfolio of every climate-conscious investor," adds Thomas Fedrizzi, VR
Fedrizzi, VR & Timber Finance Initiative Board Member.
More information about Timber Finance is available here:www.timberfinance.ch