Carbon sequestration is a nice side benefit, but wood-into-durable-products can absorb only a small fraction of present anthropogenic CO2 emissions. We're emitting about 37 billion tonnes of CO2 per year at present (10 billion tonnes of carbon) and wood is about 50% carbon. To offset a quarter of human CO2 emissions, we'd need to turn about 5 billion tonnes of wood per year into long-lasting buildings and other manufactured objects. As of 2014, the world was producing about 0.8 billion tonnes of wood products that could be used in long lasting applications (sawnwood and wood paneling).

https://www.co2.earth/global-co2-emissions

https://blog.forest2market.com/fao-report-highlights-resurge...