Hyde Park trees are more precious than ever
How much are trees really worth? This question might sound strange as humans would not be able to breathe without trees should the atmosphere become intoxicated.
Londoners could definitely testify on the importance of trees, as London’s high levels of pollution are filtered through a plethora of green spaces, and specifically via the trees in Hyde Park.
Treeconomics is a consultancy company which calculates the value of trees and works with local authorities and businesses to promote the value of trees in urban environments.
A new study by Treeconomics aims to quantify the value of the trees in Hyde Park. Trees are not only vital to nature and humans but also they have intrinsic value to the wider ecosystem, whether environmental, financial or architectural.
The arboricultural consultancy Treeconomics reveals that the trees in Hyde Park have ‘an amenity asset value of £173 million’. Adding tremendous value to Hyde Park, a London staple and a world-renowned landmark, the park would not be the same without its trees.
According to the report, the trees in Hyde Park are responsible for removing 2.71 tonnes of pollution and for storing 3,872 tonnes of carbon every year, turning London into a more livable city for all of us.
Commissioned by the Royal Parks, the report places an amenity value of £52,378 each on some of the plane trees. Ian Rodger, Tree Manager at Royal Parks, highlighted the importance of putting a monetary value on trees as it proves that ‘they are worth every penny’. Royal Parks, who manages London’s major parks, including Hyde Park, has an annual budget of £450,000 for trees.
According to Royal Parks, trees have numerous advantages that range from aesthetic benefits to improving health. Trees in Hyde Park are the most important natural elements in the lowland urban landscape. As the biggest and oldest plants in the park, they are linking past, present and future, providing a sense of continuity. Tree canopies trap dust, absorb pollutants, provide shade and reduce noise. While boosting Hyde Park’s rich wildlife, the trees are a natural habitat for birds, bats, insects, fungi and lichen. Have you ever seen a school field trip to Hyde Park? As an educational tool, trees can be studied to enhance respect towards nature and establish environmental ethics from a young age.
Hyde Park is one of London’s jewels, attracting thousands of visitors every day. Covering 350 acres, the trees offer a real economic value to the area, as they are highly beneficial to the communities surrounded by the park.
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