FWPA's Carbon Guides produced

Friday 15 Sep 2023

In 2022, Australia's Government set emissions reduction targets aiming for a 43% emission cut by 2030 (from 2005 levels) and net-zero emissions by 2050. Forest & Wood Products Australia (FWPA) has just released three new carbon guides that serve as a source of knowledge, deftly extending the understanding of the role forest and wood products can play in the carbon economy.

Success in hitting emissions reduction targets hinges on collaboration. The forest and wood products industry must align with the growing carbon-consciousness of the construction sector, understanding concepts and frameworks, engaging with initiatives and advocacy opportunities, and exploring incentives that highlight why timber stands out as a low-carbon alternative that can effectively contribute to Australia's sustainable built environment.

FWPA’s Carbon Guides have been created in collaboration with Thinkstep ANZ and Senior Research Scientist, Dr Fabiano Ximines. The guides shed light on the multifaceted impact of plantations, commercial forests, and the resulting wood products on Australia's carbon balance. Notably, the guides illustrate not only the widely acknowledged carbon sequestration capabilities of forests but also the often-underestimated role that wood, both during its service life and after disposal, plays in carbon storage.

These new FWPA-funded Carbon Guides provide industry stakeholders with the knowledge necessary to steer towards a sustainable future, playing a pivotal role in the carbon dialogue and positioning the industry to shape a future where timber assumes a vital role in curbing carbon emissions and driving sustainable growth.

Access the first two guides in the series here.

The final guide is coming soon. Subscribe to the WoodSolutions newsletter to be notified when this guide is published.

Source: FWPA

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