A recent tree survey by the University has found that our mature trees have an annual economic value of over £46k.
The survey, which took place in 2018 as part of our ongoing tree management programme, recorded the mature trees (5,274 trees) across our campuses and found that University trees remove over 2 tonnes of pollutants each year and store over 3,000 tonnes of carbon dioxide.
Our trees also divert 5,460 cubic metres of storm water run-off away from local sewer systems annually, which is worth over £8k each year.
The value of these benefits is used to calculate an economic value, which can be used to inform local management decisions and help optimise biodiversity as well as allowing us to improve our economic sustainability and reduce the University’s carbon footprint.
The overall economic value of our trees is £46,123 which is a significant rise from the previous survey in 2009 of £20,874.
The total replacement value of our trees currently stands at over £10.5 million.
Iain Park, the Director of Grounds, said “we are the custodians of a unique asset on our Exeter campuses. Not only do we have one of the widest ranges of tree species of any UK University with the largest number of Champion Trees, the survey confirms that they have a proven environmental and economic benefit.
The grounds offer our students and staff recognised positive impacts on health and wellbeing, which we share with the wider community by granting permitted access to our sites. In addition, our 153Ha estate has a positive impact on the biodiversity, habitat and environment of the City and wider South West region.
The Grounds Team work hard to continue to preserve and enhance this award winning asset as part of their ongoing custodianship of historic and new landscapes in their care.”