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Economic valuation of urban green infrastructure. Principles and evidence

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  • Maria Beatrice Andreucci

Abstract

In urban areas, the elements of the natural environment providing multi-functional ecosystem services are referred to as green infrastructure, into the perspective of leisure, education, health and well-being, reconnection to biodiversity, cultural and heritage landscapes, resilience-building. Numerous tools have been developed to explore multiple benefits of green infrastructure, adapting methodologies and designing new frameworks, especially in the emerging research area of the landscape economy. The contribution focuses on the relevance of the socio-economic values of cultural ecosystem services provided by urban green infrastructure, which are increasingly calling researchers, policy makers and practitioners? attention from new perspectives, mirroring the needs and claims of the growing population of urban dwellers. The often-conflicting socio-economic implications of the urban green infrastructure are presented, introducing major findings of an extensive repository of international case studies. The conclusions suggest how a better understanding of urban green infrastructure?s economic values would enable decision makers to successfully engage in trade-off analysis, promoting dialogue among stakeholders, ultimately helping them identify strategies for improved governance.

Suggested Citation

  • Maria Beatrice Andreucci, 2018. "Economic valuation of urban green infrastructure. Principles and evidence," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 0(2), pages 63-84.
  • Handle: RePEc:fan:efeefe:v:html10.3280/efe2018-002004
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    Cited by:

    1. Nataša Atanasova & Joana A.C. Castellar & Rocío Pineda-Martos & Chrysanthy Elisabeth Nika & Evina Katsou & Darja Istenič & Bernhard Pucher & Maria Beatrice Andreucci & Guenter Langergraber, 2021. "Nature-Based Solutions and Circularity in Cities," Circular Economy and Sustainability,, Springer.

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    More about this item

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q30 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - General
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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