Being able to give trees a monetary value is an important step in encouraging society to recognise the true social and commercial value of the urban tree-scape, and the industry that services and maintains this valuable asset.
The London iTree survey indicated that city’s urban forest comprises 8,421,000 trees. The ecosystem services provided by these urban trees that were considered within the project were carbon capture, rainwater interception, the removal of air pollution, building energy savings and building energy carbon avoided, and these were valued at £132.7 million per year.