Futures Forum: Sidmouth Arboretum: The Value of Trees
Futures Forum: Valuing trees: the cost of replacing the Sid Valley's trees
The Arboretum's tree survey was put together by Treeconomics:
Futures Forum: Sidmouth Arboretum: Treeconomics at the 2015 AGM
Treeconomics have been trailblazing across the country:
Futures Forum: i-Tree surveys in Sidmouth, Torbay and London >>> and how they can help us chose which trees to plant
This is part of the wider notion of environmental economics:
Futures Forum: Environmental Economics
Futures Forum: Valuing Nature >>> What does nature do for us? >>> "managing and valuing ecosystem services"
Futures Forum: Putting a cash price on the environmental services provided by nature
However, the notion of 'putting a price on the environment' is controversial, as by putting nature on a balance sheet can encourage the simple transfer of natural assets:
Futures Forum: Biodiversity
Futures Forum: Biodiversity and offsetting nightingales
Futures Forum: Offsetting woodlands: “As someone who has planted an arboretum over recent years, the idea that I am going to trash ancient woodlands is an absolute outrage to me personally.”
Futures Forum: Of 'urban wildlife' and 'brownfield sites'...
Futures Forum: Managing wildlife loss in Devon
Futures Forum: Climate change: the great carbon offsetting scam
Futures Forum: Local Wildlife Sites "are being ruined by farming, development and neglect"
Futures Forum: Biodiversity offsetting "quietly dropped"
Nevertheless, the likes of Treeconomics are well aware of the issues:
About Treeconomics
Treeconomics can help support businesses and organisations with Corporate Social Responsibility (CSR), Environmental and Sustainability strategies and provide advice on how to offset carbon emissions.
Treeconomics works with community groups, research organisations, public bodies and private business to complete projects which highlight the value of trees.
Once you value and understand a resource, you can start to manage it, making sure it provides benefits for future generations.
With better information we can make better and more informed decisions about our natural resources.
We use a variety of different assessment tools and methods for our work, including the most widely used i-Tree Eco model. This is a peer reviewed, open source package, which we piloted in the UK with our project partners. Development is ongoing.
For further details or to arrange a presentation, please contact us today. Alternatively, please see What, Why and How for further information.
What are the Benefits?
Valuing the Trees in our Urban Forest are crucial in order to justify and set priorities for environmental programmes, policies or actions that can protect and enhance our environment.
Treeconomics can help you to value your Natural Capital. The Trees in our Urban Forests provide shade, store carbon, filter pollutants and reduce storm water runoff. Trees improve our health and wellbeing and provide valuable habitat for other organisms. Trees provide a myriad of benefits, all at the same time and at very little cost.
By measuring the structure and composition of our trees and urban forests we can calculate the effects of some of the valuable functions they perform. These services (or benefits) can then be valued.
With better information we can make better decisions about our natural resources. Treeconomics wants to promote a better understanding of the benefits provided by trees, which are often overlooked and undervalued.
Another organisation working with these ideas is TEEB:
Making Nature’s Values Visible
The Economics of Ecosystems and Biodiversity (TEEB) is a global initiative focused on “making nature’s values visible”. Its principal objective is to mainstream the values of biodiversity and ecosystem services into decision-making at all levels. It aims to achieve this goal by following a structured approach to valuation that helps decision-makers recognize the wide range of benefits provided by ecosystems and biodiversity, demonstrate their values in economic terms and, where appropriate, capture those values in decision-making.
TEEB Country Studies
Since the launch of the TEEB reports various countries have initiated TEEB studies to demonstrate the value of their ecosystems and to encourage policy-making that recognizes and accounts for their ecosystem services and biodiversity.
Sector & Biome Studies
TEEB seeks to provide a deeper analysis of the myriad values provided by biodiversity and ecosystems, either at the biome level, or more globally to better assess their value to specific economic sectors, and wider impacts on ecosystem and human well-being.
The Economics of Ecosystems and Biodiversity - TEEB
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