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The true value of trees and urban forests is much more than the sticker amount
Urban trees have assigned values in case they are damaged or killed, but experts say that these price tags on trees in communities do not reflect the true value. Trees are vitally important in mitigating the impacts of climate change. They help to cool neighbourhoods and reduce energy costs, sequester carbon, filter the air from pollution, reduce noise, help reduce flooding and erosion, increase biodiversity, provide public health benefits and add aesthetic value to communities.
A more fulsome accounting of trees' values is needed by communities, as well as a robust urban forest management approach. Read more in this article. You can also learn more about urban trees and forests in their chapter of the Green Communities Guide.