What are the economic benefits of urban forests?

What are the economic benefits of urban forests?

Urban forests provide numerous economic benefits, including increased property values, reduced energy costs, and improved public health.

How do urban forests increase property values?

Trees and green spaces enhance the aesthetic appeal of neighborhoods, making them more desirable and thus increasing property values.

Can urban forests help reduce city energy costs?

Yes, urban forests provide shade, which can lower cooling costs in the summer and reduce the need for air conditioning.

What about their impact on public health?

Urban forests improve air quality, reduce heat stress, and promote physical activity, leading to better overall public health.

Are there any studies that support these benefits?

Yes, various studies have shown that urban greenery correlates with economic savings and health improvements in urban populations.