Institute for Economic
and Environmental Policy

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Development of methods of economic evaluation of green and blue infrastructure in urban areas

Development of a tool and SMART method for economic evaluation.

The realization of nature based solution fases their low enforceability and awareness of their co-benefits. An economic assessment of specific measures may serve as an important argument for the implementation (planning) of these measeures and leads to an increase in awareness of their importance. The aim of the project is to find, define, systemize and validate methods for the economic evaluation of different categories of nature based solutions (e.g. green walls and roofs, trees, etc.) in intelligent urban areas using green and blue infrastructure. The categories will be quantified both from the point of view of the direct costs and benefits associated with the construction and operation, and from the point of view of the side effects that are currently missing in the decisioin making process. A comprehensive methodology will be developed within the project, which will serve primarily as a basis for decision-making processes in the public administration.

Funding Agency: Technology Agency of the Czech Republic
Duration: 10/2017 – 07/2019
Contact person: Jan Macháč, e-mail: machac@e-academia.eu
Researchers: Jan Macháč, Lenka Zemkova, Lenka Dubová
In Cooperation with: The outputs are discussed with practical partners: Czech Landscape and Garden Society; GreenVille service s.r.o. and Ministry of Environment
Outputs: The main output of the project will be the Methodology of economic evaluation of green and blue infrastructure in urban areas (expected release May 2019)