Economic Values of Parks

"Parks bring measurable direct and flow-on economic benefits to local, regional and national economies.These economic benefits enable communities to function and prosper, allowing them to build social cohesion, social capital and healthy communities."

PricewaterhouseCoopers. 2003. Economic contributions of Victoria’s parks.
Parks Victoria, Melbourne.


The economic values of parks are not well understood in the wider community. Their importance in the provision of a range of ecosystem services, providing employment, enhancing property values, reducing population health costs, supporting the recreation industry, and in particular underpinning the Tourism industry, cannot be understated.

Parks Forum is currently undertaking an economic values of parks project, and is in the first stage of designing a document which can be used to assist member agencies to communicate the economic values of their parks more effectively. For more information about this project, contact us.

For more detailed information about the economic values of parks, view our Values of Parks Document below:







 
Image courtesy of City of Melbourne, photographer Joan O'Grady