CO₂ bonus for timber buildings

09.09.2021

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The Austrian Federal Ministry for the Environment subsidizes timber construction projects with up to one euro per kilogram of wood used and a maximum of half a million euros per project and applicant. This is a clear commitment to wood as a building material. Timbatec welcomes this initiative and encourages all building owners to submit their projects.

Wood is a naturally renewable raw material that requires only solar energy and water for its production. Harvesting and processing require very little energy, and the material also stores CO₂. One cubic meter of wood relieves the atmosphere of around one ton of this greenhouse gas. Wooden buildings are not only more ecological than comparable construction projects made of steel and concrete, they are also usually completed more quickly. The elements for a wooden building are transported to the construction site prefabricated to the millimeter. This means that even large buildings can be erected in just a few days. This is convincing more and more developers to build with wood.


Commitment of the Federal Ministry 

Because wood is a sustainable raw material and building with wood contributes to climate protection, the Austrian Federal Ministry for the Environment provides incentives for agriculture, regions and tourism to increase the use of wood as a raw material. New buildings as well as additions and extensions of multi-storey residential buildings in timber construction are promoted. Timbatec encourages all building owners to submit their projects on the umweltfoerderung.at website. 


Start of the CO₂ bonus call for measure 9 

As of now, project applications for the CO₂-Bonus can be submitted via the Kommunal Kredit Public Consulting website. A total of 20 million euros is available for the CO₂-Bonus from the Forest Fund. The deadline for submission of the first call is 07 October 2021, 17:00. The subsidy is awarded in the form of a one-time investment grant and depends on the amount of wood used. The subsidy is calculated at 1 euro per kg of wood used and is limited to a maximum of 50% of the total eligible construction costs. The maximum possible subsidy for companies is 200,000 euros as a "de minimis" subsidy. For non-competitors, the maximum possible subsidy is 500,000 euros. Detailed information can be found here: Link


Display image: Naturquartier Kufstein, renderwerk.at


 
 
 

Switzerland:

Thun Branch

Timbatec Timber Construction Engineers Switzerland Ltd.

Niesenstrasse 1, 3600 Thun

Tel: +41 58 255 15 10

thun@timbatec.ch


Zürich Branch

Timbatec Timber Construction Engineers Switzerland Ltd.

Ausstellungsstrasse 36, 8005 Zürich

Tel: +41 58 255 15 20

zuerich@timbatec.ch


Delémont Branch

Timbatec Timber Construction Engineers Switzerland Ltd.

Avenue de la Gare 49, 2800 Delémont 

+41 58 255 15 40 

delemont@timbatec.ch


Bern Branch

Timbatec Timber Construction Engineers Switzerland Ltd.

Falkenplatz 1, 3012 Bern

Tel: +41 58 255 15 30

bern@timbatec.ch

Austria:

Headquarters Vienna (A) 

Timbatec Timber Construction Engineers GmbH
Im Werd 6/31a, 1020 Wien 
Tel: +43 720 2733 01

wien@timbatec.at


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