Using the Business Model Canvas to increase the impact of green infrastructure valuation tools

Research output: Contribution to journalArticle

Authors

Colleges, School and Institutes

Abstract

There is a range of tools available to value the ecosystem services provided by urban green infrastructure including i-Tree Eco, CAVAT, GI-Val, and more. These valuation tools quantify the natural environment in order to incorporate it within urban decision-making processes. In the UK, valuation tools have been used successfully to calculate replacement values for trees (e.g. Southwark, London), enhance the value of green infrastructure at the design stage (e.g. Wirral), and secure resource for future planting and maintenance (e.g. Wrexham). However, these valuation tools have not consistently had the desired positive impact on decision-making. In response, we have adapted the Business Model Canvas for use in green infrastructure valuation (BMC4GI) to create a framework that focuses the valuation process on the Change Objective, i.e. the decision that valuation intends to influence. The BMC4GI outlines nine building blocks to consider prior to valuation, namely; (i) Change Objective, (ii) Target Audience, (iii) Key Activities, (iv) Key Resources, (v) Key Partners, (vi) Channels, (vii) Audience Message, (viii) Cost Structure, and (ix) Revenue Streams. We link the BMC4GI to four general scenarios where valuation has proven to be successful, and provide a working example of the template based on green infrastructure valuation on a redevelopment site. BMC4GI can support any approach to green infrastructure valuation, globally, and we invite others to apply BMC4GI to create a shared case study library of good practice in green infrastructure valuation.

Details

Original languageEnglish
Article number126776
JournalUrban Forestry & Urban Greening
Early online date1 Jul 2020
Publication statusE-pub ahead of print - 1 Jul 2020

Keywords

  • business model canvas, valuation tools, urban forestry, i-Tree Eco, CAVAT