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14/12/2011

People are willing to paying nearly £400 a year in extra taxes or property costs for greener urban spaces, a new study from the University of Sheffield has found. Researchers found that people were willing to pay more for greener spaces with greater tree coverage. Members of the public in Sheffield and Manchester were shown images of how their local areas could be developed in the future and were asked to state how much more they would be willing to pay for each scenario. The two surveys were undertaken as part of a project entitled Valuing Attractive Landscapes in the Urban Economy (VALUE), led by South Yorkshire Forest Partnership, which aims to demonstrate the economic value of green infrastructure in cities and regions. more