Well maintained green spaces perform important functions which have an economic value, such as absorbing pollution, which provides people with clean air and reduces pressures on public services. These functions are known as ‘ecosystem services’.
By understanding what an area of land is made up of, its quality, how it is managed, used and the functions it performs, we can better understand the value it provides to a local or wider area, to businesses, communities and society. Natural Capital Accounting is a recognised way of demonstrating this in physical and monetary terms.
Click to access The-Hidden-Value-of-our-Green-Spaces-Jan-17.pdf
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