EcoService Models Library (ESML)

Document: Building natural value for sustainable economic development The green infrastructure valuation toolkit user guide (Doc-474)

474
Authors
Genecon LLP.
Year
2010
Title
Building natural value for sustainable economic development The green infrastructure valuation toolkit user guide
Document Type
Report
Place Published
England
Publisher
Commission for Architecture and the Built Environment (CABE)
Pages
79
Abstract
Description in manual: "The toolkit provides a very helpful introduction to the evidence demonstrating the benefits of green infrastructure interventions. It offers a structured argument that speaks the language of regeneration and economic developments. The 11 economic benefits structure provides a relatively simple high level means of presenting and communicating the benefits of green infrastructure projects in economic contexts, although it also brings some risks of double-counting (see Limitations below). The toolkit provides a structured approach to value green infrastructure benefits in monetary, quantitative and qualitative terms, with equal weight being applied to each of these three ways to present existing evidence. It can add value to and inform the decision-making process, particularly when used at an early stage to get broad brush figures and weigh pros and cons. The toolkit relies on current state-of-the-art evidence and valuation techniques for green infrastructure benefits. However, the toolkit also highlights the need for considerable improvement and expansion of the evidence base to enable future iterations to provide improved valuations. The toolkit helps make green infrastructure benefits ‘visible’ to potential funders. The inclusion of environmental benefits in cost benefit analysis is currently very difficult, often requiring professional assistance. Such assistance is frequently beyond the means of many groups seeking project funding. The toolkit is aimed at filling this gap, providing a means of scoping out the indicative benefits of green infrastructure using tools and approaches accessible to many projects and groups. However, whilst the toolkit provides a means of undertaking a broad Value for Money assessment, it must but emphasised that this is only indicative and cannot replace more rigorous formal project appraisal techniques. "
URL Exit
http://www.greeninfrastructurenw.co.uk/resources/Green_Infrastructure_Valuation_Toolkit_UserGuide.pdf
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