Green Space in Cities: What’s a Tree Really Worth?
"Torbay Council’s Arboricultural Services team is using i-Tree Eco software to measure the environmental services and corresponding financial values of local trees. The project, a collaboration involving Forest Research and Natural England, collects data on the way trees:
• save energy: their shade cools buildings in summer, and offers some shelter from winter winds
• store and sequester carbon (and at what rate)
• reduce pollution through filtration.
It will also assess the ‘structural value’ of the trees, including the cost of replacement. The findings will be used to establish a UK-wide benchmark for valuing trees…”