Purpose – The Green Credit Tool is evaluated as a method to quantify the value of green-spaces and to determine how these green-space-values can be replaced or compensated for within urban spatial planning projects. Design/methodology/approach – Amersfoort Local Municipality created the Green Credit Tool to ensure protection and enhancement of the urban green totality. The tool is described and evaluated based on three core elements: the value matrix, the collection of values and green compensation. Findings were based on case studies in Parkweelde and Randerbroek (Amersfoort, The Netherlands). Findings – Green-planning is not just about flora and fauna, but also about planning for economic benefits and thus needs to have a quantifiable value. The Green Credit Tool enhances integrated green-planning by means of the value matrix (identifying values of green), collecting values (participation and stakeholder-identification) and compensation (protecting green spaces). Research limitations/implications – Assessment of green values will differ between users, experts and between locations. Practical implications – The Green Credit Tool introduces a different perspective to green-spaces that can add value to urban environments and thus creates economic spin-offs. It stresses the need for environmental issues to play a greater role in future planning processes. Social implications – Green-planning is known to have various psychological benefits. The Green Credit Tool is a communication tool and thus incorporates public opinions, enhances social responsibility and enhances awareness of the broader benefits of green spaces. Originality/value – The Green Credit Tool creates an integrated approach towards the planning of green-spaces, enhancing the value of green areas and thus ensuring qualitative urban planning and sustainable economic development.
Cilliers, E. J., Diemont, E., Stobbelaar, D. J., & Timmermans, W. (2010). Sustainable green urban planning: the Green Credit Tool. Journal of Place Management and Development, 3(1), 57-66. https://doi.org/10.1108/17538331011030275