The war in Ukraine and the resulting European sanctions on Russia have dramatically affected energy and commodity prices. The combination of supply uncertainty, expensive energy, and rising material costs has added urgency to the already critical need to embrace sustainable, locally available alternatives such as wood. Building with wood instead of steel and concrete would help Europe not only address its immediate problems but also improve its prospects in the face of long-term challenges.
source https://www.lifetechnology.com/blogs/life-technology-technology-news/wooden-buildings-are-a-sustainable-alternative-in-the-face-of-global-steel-shortages