Thursday, November 12, 2009

PricewaterhouseCoopers report says 0.5% public green spending could induce 141% increase in urban green investment; United Kingdom

Green infrastructure in action - Environmental technologies news magazine:
Figures produced by PricewaterhouseCoopers for CABE (Commission for Architecture and the Built Environment), the Government’s advisor on urban design show how a shift in spending from grey to green of just 0.5% in some local authorities could increase investment in urban green space by 141%. Switching public spending from ‘grey’ projects like road building and heavy engineering projects to ‘green’ schemes like street trees, parks, green roofs and waterways could address climate change more effectively, improve public health and make our communities more beautiful says the report, published by CABE.

The report, Grey to Green, identifies the network of natural green resources in every town and city – our ‘green infrastructure’ (GI) - as one of the most practical and cost-effective tools we have for dealing with environmental and social problems. It suggests, for instance, that the £1.28bn budget for widening a 63-mile section of the M25 could pay for 3.2m trees to store three million tonnes of carbon; or 5,000 miles of off-road routes for cyclists and pedestrians. But the report warns that there is a chronic shortage of people in local authorities with the right skills to design and manage green infrastructure, which is essential to harness the benefits.

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