Laura Sharman 25 April 2018

£1m project to prove economic value of urban green spaces

£1m project to prove economic value of urban green spaces image

A new toolkit to calculate the economic value of urban greenspace is being developed with £1m funding from Innovate UK.

The online toolkit - which is being developed by researchers at the University of Exeter, Vivid Economics and Barton Willmore - will help put a monetary value on protecting, maintaining and creating green spaces.

The work will build upon previous research by Vivid Economics showing London’s public green spaces bring at least £5bn worth of value each year.

Therese Karger-Lerchl, who is co-leading the development of the toolkit at Vivid Economics, said; ‘Once we were able to provide credible estimates for valuing London’s parks, we realised the importance of being able to roll out this idea so that all green infrastructure in urban spaces could be accurately valued.

‘This will help those investing in and maintaining green infrastructure to make informed decisions about how they spend their budgets.’

SIGN UP
For your free daily news bulletin
Highways jobs

Head of Looked After Children and Vulnerable Young People

Enfield London Borough Council
Up to £89,319
 This is an exciting opportunity to lead all the services that support Enfield’s children in care and care leavers. Enfield (City/Town), London (Greater)
Recuriter: Enfield London Borough Council

Head of Communities

Kirklees Metropolitan Council
to £61,751 (pay award pending)
We are looking for an innovative and knowledgeable senior professional to join our leadership team with strong experience of working in communities... Kirklees, West Yorkshire
Recuriter: Kirklees Metropolitan Council

Economic Development Officer (Town Centres)

North West Leicestershire District Council
Band F, £29,636 - £32,878 per annum
The Economic Development Officer (Town Centres) post forms part of the Council’s Business Focus team who provide help directly to businesses. Coalville, Leicestershire
Recuriter: North West Leicestershire District Council

Educational Psychologist

Camden London Borough Council
£44,131 - £53,34
The ideal candidates will have an excellent understanding of psychological frameworks and their application in... Camden, London (Greater)
Recuriter: Camden London Borough Council

Economic Development Officer

North West Leicestershire District Council
Band F, £29,636 - £32,878
Are you interested in a challenge and want to help shape the future of North West Leicestershire? Coalville, Leicestershire
Recuriter: North West Leicestershire District Council

Public Property

Latest issue - Public Property News

This issue of Public Property examines how how flexible workspaces can lead the way in regeneration for local authorities, Why local authority intervention is key to successful urban regeneration schemes and if the Government’s challenge of embracing beauty is an opportunity for communities.

The March issue also takes a closer look at Blackburn with Darwen Council's first digital health hub to help people gain control over health and care services.

Register for your free digital issue