New WoodSolutions guide for resilient timber designFriday 24 May 2024 The effects of bushfires, floods, storms and other extreme weather events are becoming increasingly impactful on our communities, environment, and economy in Australia and, in turn, the need for resilient housing is growing. The Insurance Council of Australia (ICA) reports that Australians are five times more likely to be displaced by a natural disaster than someone living in Europe and the costs associated with those events are significantly growing. The ICA also reports that the costs directly related to repairing or replacing homes and their contents after natural catastrophes have increased significantly over the past 15 years, and indirect costs are even bigger. The result is that many properties are becoming uninsurable and local Councils are encountering additional planning problems. Improving the climate resilience of new and existing homes would contribute to reducing these costs, allow for sustainable market growth opportunities, and facilitate improvements in the housing supply crisis. This new WoodSolutions guide details how sustainable timber homes can be designed and built with a Code+ approach to resilience. It indicates that opting for a resilient timber home presents a proactive solution to mitigating climate challenges while providing safety and improved wellbeing to building occupants. The guide also details the increased value in investors and the entire community through resilient design. The growing emphasis on minimising the carbon footprint of buildings presents another compelling reason for the Australian insurance and real estate sectors to actively engage in mitigating disaster risks which will position them as providers of safety, wellness and future-proof value to their clients, and the community. Engineered Wood Products are now widely utilised for their sustainable properties that are essential for meeting decarbonisation goals. Consequently, there is a demand for these products and the structures employing them to exhibit resilience and durability that surpasses minimum code requirements. This ground-breaking guide is a result of the Resilient Timber Homes program, launched by FWPA, in partnership with industry leaders and in collaboration with outstanding experts in this field. Download the free guide now. Source: FWPA | ||
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