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Economic benefits range from reduced flood damage costs (due to better flood protection) to lower water treatment costs to healthier fisheries, better recreational opportunities, and increased tourism and economic development.
The trees and vegetation in natural areas and green spaces improve water quality and air quality, particularly in larger cities, which has been connected to lower rates of asthma and wheezing in urban populations.Over 30 studies analyzing residential property values support the idea that those located near natural or green spaces are more valuable and generate more tax revenues—with property values up to 20% higher. commercial and recreational fisheries was estimated at over billion annually, with more than 1.7 million jobs related to the fisheries industry. is estimated to generate more than 0 billion in economic activity annually.To put these findings into a city-wide economic context, the study found the increased property values associated with a single greenbelt in Austin, Texas amounted to approximately .64 million in additional property tax revenue in just two neighborhoods. The vast majority of commercial and recreational fisheries rely on species that use floodplains and wetlands for some stage of their life cycle development. Also, in a series of studies about trees in business districts around the U. found shoppers were willing to spend more in areas with higher quality tree canopies or a more natural feel.Communities have choices in how they prepare for and respond to floods.Often overlooked is the role that nature and nature-based solutions can play alongside seawalls or dams and levees.Improved water quality can boost tourism and recreation or reduce costs at water treatment facilities.
Even smaller-scale projects, like rain gardens or green roofs, can help reduce the impacts of local flooding events while also providing benefits like improved community appeal and habitat for birds and butterflies or pollinating bees.
Nature-based solutions use natural systems, mimic natural processes, or work in tandem with traditional approaches to address these specific hazards. population lives in counties where federally-declared, weather-related disasters have occurred since 2010.
Communities across the country— along rivers or coasts, large or small, rural or urban— can incorporate nature-based solutions in local planning, zoning, regulations, and built projects to help reduce their exposure to flood and erosion impacts. Smart nature-based solutions provide multiple benefits, giving communities high returns on their investments in flood risk reduction strategies.
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The percentage of green space within a two-mile radius of a person’s home has been associated with the percentage of residents reporting good health, particularly among homemakers, the elderly, and those with lower socioeconomic status—groups that are typically less likely to get sufficient physical activity.