Value of Green Infrastructure tools assessed
Local authorities and developers have been given more certainty regarding the value of different green infrastructure tools in a new report from Natural England.
The body, which advises the Government on the natural environment, has taken a look at a range of global tools and methods for assessing the value of green infrastructure in terms of ecosystem services and benefits provided, and the financial costs and benefits gained.
Carried out by consultants Eftec and Cascade, the study focuses on value transfer tools which can be used to estimate financial values for projects such as street trees, green walls and roofs, and rivers and canals.
Local authorities, Local Enterprise Partnerships and third-sector landscape organisations should all be able to benefit from the work.
Tim Sunderland, Natural England’s principal economist, says: “This report is really useful in terms of drawing together and reviewing the micro-economic GI valuation tools and methods available and looking at the best systems currently available.”