Land Conservation Initiative, Part III - Coastal Land and Plain Watersheds Planning in the Rilán Peninsula
Figure 20 | Source: Fundación Legado Chile
Figure 21 | Source: Fundación Legado Chile
The economics of green infrastructure is one of the greatest arguments to support and understand their value as compared to conventional practices. One survey11 conducted by the EPA that involved more than 300 members of the American Society of Landscape Architects (ASLA) showed that of 475 case studies in which they implemented green infrastructure or LID to manage stormwater, roughly 45% of them saved money by going green, ~30% broke even, and only ~25% of them increased conventional costs. The implementation of green infrastructure has also been identified as a source of property value increase, as well as a way of attracting more visitors that bring more spending, as well as providing job and rental opportunities associated with tourist and recreational activities within or around such green infrastructure and healthy natural assets. Green infrastructure has moved from ecology to economics, seeing resources such as rural, coastal, wetlands, urban parks, street trees, and their ecosystems as critical for sustainable economic growth and social goals, not just a way of supporting wildlife and ‘the environment’. 11
https://dirt.asla.org/2011/09/26/asla-releases-more-than-475-stormwater-management-case-studies/ 26
