An Integrative Approach to Value‐Added Planning: From Community Needs to Local Authority Revenue
The concept of value‐added planning (as part of the Valuing Attractive Landscapes in the Urban Economy, INTERREG IVB North West Europe Project) is introduced in this paper to facilitate integrative planning, focusing on the benefits that use and non‐use green spaces can provide to an urban area. The aim is to stress the need to plan for, and protect, green spaces in urban areas by determining the economic values connected to the green spaces and relate that values to community benefit and local authority revenue. The paper identifies tools that can be used to determine the economic value of green spaces based on the environmental, social, and economic benefits. The first section (value) refers to the social value of green spaces as determined from the public perspective and introduces the workbench method as a tool to assist with participatory planning and capturing of the social benefits of green spaces. The second section (added) refers to the environmental benefits of green spaces and, by means of the Green Credit Tool, introduces ways to ensure the protection of the green resources in an area. The final section (planning) refers to the economic benefit of green space, bringing use values and non‐use values of green spaces together. The paper concludes with an integrative framework for value‐added planning, incorporating all the tools presented in the paper, capturing the social, environmental, and economic benefits of green spaces and relating it to community benefit and local authority revenue.
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Document Type: Research Article
Publication date: 01 December 2015