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Valuing trees on city-centre institutional land: an opportunity for urban forest management

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  • Aaron J. Pothier
  • Andrew A. Millward

Abstract

Urban forests deliver essential environmental services to the city in which they grow. Few entities are better positioned to provide consistent broad-scale maintenance and protection of urban trees than are large downtown landowners. We present a case study that investigates the structure and function of an urban forest growing on a large institutional property in Toronto, Canada, and determine a 1.35:1 economic benefit-to-cost ratio of investment in tree maintenance. The study provides a roadmap for institutional properties to use in assessing the ecological benefits of their current tree populations. We argue that municipal policies that incentivise tree care and maintenance are critical in order to safeguard and enhance the public benefits of trees growing on institutional land.

Suggested Citation

  • Aaron J. Pothier & Andrew A. Millward, 2013. "Valuing trees on city-centre institutional land: an opportunity for urban forest management," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 56(9), pages 1380-1402, November.
    • Handle: RePEc:taf:jenpmg:v:56:y:2013:i:9:p:1380-1402
    DOI: 10.1080/09640568.2012.724666
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    Cited by:

    1. Ambika Markanday & Ibon Galarraga & Anil Markandya, 2019. "A Critical Review Of Cost-Benefit Analysis For Climate Change Adaptation In Cities," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 10(04), pages 1-31, November.

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