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Author/Contact:
Tom Butlin
The Mersey Forest
tom.butlin@merseyforest.org.uk
Publication date:
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Resource description:
A toolkit for valuing the benefits of green infrastructure, consisting of a spreadsheet calculator and a user guide. Monetary and non-monetary values are calculated, generally using a benefits transfer approach. Can be used either to value a planned intervention, or existing green infrastructure.
Requirements:
- Data on the quantities and types of green infrastructure to be valued
- Socio-economic data for the surrounding area
- Basic understanding of the principles of green infrastructure valuation
Advantages:
- Much quicker and easier than a full cost-benefit analysis
- Provides powerful justification for the creation and/or management of green infrastructure
Constraints:
- Subject to many assumptions
- Does not value all benefits of green infrastructure
Additional information:
- Northwich Business Improvement District Green Infrastructure Plan: http://www.merseyforest.org.uk/files/documents/1354/Northwich+BID+GI+Plan.pdf
- Wirral Waters Indicative Economic Assessment: http://www.merseyforest.org.uk/files/Indicative_Economic_Assessment.pdf
Licence:
- Public/open source
Development stage:
- Full, working product
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