The construction industry, a significant contributor to global CO2 emissions, has increasingly turned to wood as a renewable alternative in response to the recommendations of the Kyoto Protocol. However, despite advancements in timber technology and a growing demand for wood, the pace of reforestation has not matched up with consumption rates, risking future raw material shortages. This brief review explores the challenges and opportunities associated with the use of tropical wood in construction, emphasizing the need for sustainable management practices and diversified plantation strategies. We highlight the environmental risks of monoculture forestry and advocate for mixed-species plantations, which enhance CO2 absorption and ecosystem resilience. The review focuses on Brazil's tropical forests, particularly the Amazon, emphasizing the importance of developing new forest products and restoring degraded lands to combat deforestation. Ultimately, leveraging the potential of tropical wood not only contributes to climate change mitigation strategies but also promotes forest restoration, linking environmental health with global sustainability efforts.