By planting trees along paved roads, a city can not only reduce the temperature on the ground, but also help increase the longevity of the asphalt. Landscape amenities represent an effective way to boost the occupancy rate of apartments and other commercial buildings. Landscaping is an effective way to invite more customers to a store and to keep them coming back to experience the positive environment they encounter there. Landscaping yields a greater than one dollar return on every dollar invested, meaning that real and perceived property value is significantly increased. Consumers are willing to pay higher prices, travel further to, and shop longer in a store that they perceive to be a quality establishment. “The Borgen Project is an incredible nonprofit organization that is addressing poverty and hunger and working towards ending them.” They cause diseases of our economic plants, domesticated animals and man. Landscaping is a way to increase the perceived value of your home and make it a more desirable property on the market. In addition, ornamental plants are an effective way to revitalize a stale business, bring in more clients, and improve the overall environment of the store. Sell Homes Faster. (Nadel 2005, American Planning Association 2002). T… (Harnik 2009, Nadel 2005, Schwartz 2009). Explore over 50 plants in our Native Plant Database! Now, think of some things plants do for you. This temperature reduction reduces the amount of maintenance and helps to increase the longevity of asphalt. Nuclear plants create more jobs than other forms of energy. Their influence has been overlooked in favor of expensive experimental air cleansing tactics while forests are being destroyed around the world. – The Huffington Post, https://borgenproject.org/wp-content/uploads/The_Borgen_Project_Logo_small.jpg, The United Nations and Global Poverty Reduction. Reducing Temperature The shade from trees can lower temperatures by up to 8°C, which can reduce air conditioner use by 12-15% and also decreases carbon emissions from our largely brown coal generated electricity 2 . Economic Importance of Plants. This creates jobs for urban planners, ecologists and arborists. (Appleseed, Inc. 2009, Harnik 2009, Schwartz 2009, The Trust for Public Land 2008, Wolf 2004b). Forest sustainability programs are vastly underrated environmental boosters of today despite the clear economic benefits of planting trees. Well placed trees can reduce your cooling costs in the summer by shading the south and west sides of your home. Ecotourism Revenue. This is in comparison to 0.19 jobs in coal, 0.05 jobs in gas-fired plants, and 0.05 in wind power. By saving money on health care, residents are benefiting the local economy through consumer spending on other services and goods. Whether it’s hiring a construction crew or a landscaping service, urban green spaces have a positive impact on local businesses. The presence of beautiful parks and landscaping provides an opportunity for communities to reap the benefits from ecotourism. The Economic Benefits of Investing in Water Infrastructure 1 Purpose of the Report The Value of Water Campaign commissioned an economic impact analysis to understand how increasing investments in the nation’s water infrastructure can affect economic growth … With landscaping, it is possible to increase its value to potential buyers and receive a significant positive monetary return on this home improvement investment. As the particulate laden air moves through the trees, dust particles are caught on leaves and then are subsequently washed away with the rain. Because hydropower plants can generate power to the grid immediately, they provide essential back-up power during major electricity outages or disruptions. Economic benefits of plants Boost Occupancy Rates. Simply by landscaping a formerly crime-ridden park, a community can be transformed into a safe and friendly neighborhood environment. It is therefore beneficial to communities to ensure that biodiversity is maintained so that ecosystems can remain balanced and resources are not adversely affected. Therefore, green industry jobs must be created in order to meet this demand. Cities could save millions in healthcare costs and create a visually appealing cityscape by planting trees. Of these, by far the most important are the Chinese water chestnut (Eleocharis dulcis) and chufas or tiger nuts, cultivars of the yellow nut sedge (Cyperus esculentus) grown primarily in Africa. People enjoy aesthetically-pleasing areas and are much more likely to choose to live and work in buildings with attractive landscapes, so there is a high correlation between nice landscaping and high occupancy rates of buildings. Through enhancing forest management practices, investing in fire and pest management and developing intense monitoring systems, the economic benefits of planting trees can be brought to its full potential. Simply by adding ornamental plants, it is possible to completely revamp a community’s perception of a down-trodden area. The EU initiated the European Neighborhood and Partnership Instrument, Forest Law Enforcement and Governance (ENPI-FLEG) in seven eastern European countries. This translates into expanded sales resulting from longer shopping occasions and to stores being able to charge slightly higher prices because of an increase in the perceived quality of the store. We are sadly seeing our rainforests dwindle. Not only are green roofs economically beneficial to building occupants, they can also greatly add to the aesthetic appeal of a building. Even in America, we see states like Georgia striking a balance between taking from and giving back to its forests through their forest management programs. Lumber is an industry that will continue to grow as we see countries develop and urbanize. Properties that are close to urban green spaces generally have a significantly increased property value compared to properties that are not. Not only are trees cost-effective but they are also reliable air purifiers. Cities require people in order to water and prune the trees. In turn, these services indirectly impact the economy through secondary consumption of products such as lumber and other building and landscaping supplies. In turn, the money that local and tourist users of these free services save can be spent on other businesses in the area, further contributing to the local economy. Furthermore, these businesses impact the economy through the secondary consumption of lumber, supplies, and maintenance equipment. 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