NCEconomics, in partnership with Mosaic Insights and Alluvium Consulting Australia were engaged by Horticulture Innovation Australia to develop a Tree Costing Tool to provide decision-makers with realistic and defensible costs for all stages of establishing, maintaining and ultimately replacing urban trees.
We developed a simple-to-use tool designed to address the challenges in accurately estimating the life cycle costs of urban trees, which is a barrier to effective urban greening. The tool is underpinned by robust and transparent economic calculations.
Understanding the true life-cycle cost of trees will lead to better investment decisions, properly costed operational management, greater community confidence and ultimately healthier urban forests and street trees in our cities.