Natural capital valuation of a botanic garden living collection
Summary
Little Blue Research supported a botanic garden to value a living
collection of plants
Client description
Capitals
Botanic garden
Large collection
NATURAL
SOCIAL
Client need
The client requested support to value the natural and social capital of one of their
largest living collections as part of a larger overall project.
The challenge
Using the total economic value framework and Green Book criteria & guidance to assign monetary values to a living collection of plants.
Identifying research on the value of the specimens that make up the living collection.
The results
Summary of the qualitative, quantitative and monetary values produced for the living collection over a fifty-year time period.
Recommendations and options for expanding the valuation of the living collection.
Assessment of the potential value of 17 aspects, with monetary estimates provided for five of these.
