From my uninformed understanding, concrete production releases a lot of CO2 while building with wood essentially ‘stores’ carbon in building form, rather than producing gas to create the building.

I don’t have numbers, but I think the benefits are clear enough

I remember seeing this

https://youtu.be/uRzXnItSSxQ

It talks about Stockholm Wood City: https://en.m.wikipedia.org/wiki/Stockholm_Wood_City