Treeconomics: Rating and Improving the Efficiency of Urban Forests
Treeconomics is working with municipalities, academics, private companies and communities to highlight the benefits of trees in urban environments. The Impact Lab is supporting Treeconomics to develop a product that rates urban forest efficiency and develop this market in the UK with international potential.
The product makes use of satellite data to allow for more replicable, lower cost projects. It will provide a metric for urban forest managers and master planners to assess the performance of their green infrastructures and target new tree planting. Satellite data will also be used to assess tree health and features, with Impact lab helping to develop a prototype. Treeconomics is planning to bid for European Space Agency funding to develop the project further in the future.