The value of the shading function of urban trees: A replacement cost approach

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F86652079%3A_____%2F21%3A00543705" target="_blank" >RIV/86652079:_____/21:00543705 - isvavai.cz</a>

Nalezeny alternativní kódy

RIV/62156489:43110/21:43919812

Výsledek na webu

<a href="https://www.sciencedirect.com/science/article/pii/S1618866721001916?via%3Dihub" target="_blank" >https://www.sciencedirect.com/science/article/pii/S1618866721001916?via%3Dihub</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1016/j.ufug.2021.127166" target="_blank" >10.1016/j.ufug.2021.127166</a>

Jazyk výsledku

angličtina

Název v původním jazyce

The value of the shading function of urban trees: A replacement cost approach

Popis výsledku v původním jazyce

Cooling is one of the most important benefits of street trees, yet city planners lack estimates of the value of this benefit. Estimation of the value of the cooling effect could help to strengthen the case for investment in a tree cover as a part of the urban infrastructure for climate change adaptation. This article aims to address this research gap by presenting a novel application of a replacement cost method using the costs of parasols for estimating the value of shade provided by urban trees. Using the method, we calculated the net present value of the shade from a generic tree and used these estimates in a case study in Prague, Czech Republic. The results showed that the costs of tree planting and maintenance were higher than the estimated shading benefits in the short term (20-30 years), but the situation reversed when the tree life expectancy increased (> 40 years). Street trees are hence a long-term investment in terms of microclimate regulation. The proposed approach can assist city planners with an assessment of microclimate regulation by urban trees as it can be easily applied with local data, and can complement other methods to show the wider benefits of urban trees.

Název v anglickém jazyce

The value of the shading function of urban trees: A replacement cost approach

Popis výsledku anglicky

Cooling is one of the most important benefits of street trees, yet city planners lack estimates of the value of this benefit. Estimation of the value of the cooling effect could help to strengthen the case for investment in a tree cover as a part of the urban infrastructure for climate change adaptation. This article aims to address this research gap by presenting a novel application of a replacement cost method using the costs of parasols for estimating the value of shade provided by urban trees. Using the method, we calculated the net present value of the shade from a generic tree and used these estimates in a case study in Prague, Czech Republic. The results showed that the costs of tree planting and maintenance were higher than the estimated shading benefits in the short term (20-30 years), but the situation reversed when the tree life expectancy increased (> 40 years). Street trees are hence a long-term investment in terms of microclimate regulation. The proposed approach can assist city planners with an assessment of microclimate regulation by urban trees as it can be easily applied with local data, and can complement other methods to show the wider benefits of urban trees.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

<a href="/cs/project/GA20-18261S" target="_blank" >GA20-18261S: Ekonomické důsledky přírodních katastrof</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2021

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Urban Forestry & Urban Greening

ISSN

1618-8667

e-ISSN

1610-8167

Svazek periodika

62

Číslo periodika v rámci svazku

JUL

Stát vydavatele periodika

DE - Spolková republika Německo

Počet stran výsledku

10

Strana od-do

127166

Kód UT WoS článku

000663729200004

EID výsledku v databázi Scopus

2-s2.0-85105259879