Urban foresters have asked our coalition what steps could be taken by local governments to capitalize investments in tree[s] planting[s] intended to provide long-term ecological services to a community. Using credible tools and metrics, one can now assess the value returned from trees in terms of both avoided costs [energy use, storm-water management] and value added [property assessments, health impacts], etc.
The foresters suggest that capitalizing these investments will make it easier for local governments to finance expanded urban greening initiatives. How might this be accomplished.
I know this issue crops up periodically. Any history would be welcome -- especially if you're aware of previous attempts to make it happen.
Senior Advisor, Sustainable Urban Forestry Coalition
Chair, Federal advisory committee on urban forests