Developing a better understanding of how to make a Green-blue infrastructure business case
This project aims to overcome the multiple barriers to the effective valuation of green blue infrastructure (GBI). Parks, open spaces, playing fields, woodlands, street trees, allotments and gardens are all examples of GBI. Their presence can enhance property values, flood protection, air quality and overall health and well-being, but planners and developers struggle to make a persuasive business case for investment in them.
Developing a clear, practical, and rigorous approach to GBI cost-benefit analysis that is ready for HM Treasury appraiser approval is an aim of the project. Also to create a network which can use every opportunity to influence HM Treasury Green Book approaches and guide future investment. On an operational level, it will identify the most effective tools to use when making a business case and test them at case study sites. On an operational level, it will identify the most effective tools to use when making a business case. Using local case studies this project will demonstrate the benefit of using a ‘systems of systems’ approach for embedding GBI in business cases. This will make it easier for business case developers This will making it easier for business case developers to calculate economic benefits and costs of GBI, so they can unlock funding and justify spending in the region.
Andy Brown, Martin Dallimer, Gordon Mitchell, Katy Roelich, Cat Scott & Alice Owen – University of Leeds
Elke Pirgmaier, Thijs Dekker & Manuel Ojeda Cabral – iCASP Impact Translation Fellows
Alister Scott – Northumbria University
Sarah Payne – University of Sheffield
November 2018 – April 2020