Urban Forests: Environmental Health Values and Risks
Urban forests are ubiquitous, yet their impacts and values remain largely unknown. We study a massive urban afforestation policy in Beijing that planted 1/3 of a million acres of greenery in less than a decade. We conduct a remote-sensing audit of the program, finding that it contributes to a substantial greening up of the city. This causes significant downwind air quality improvement, reducing average PM2.5 concentration at city population hubs by 4.2%. Rapid vegetation growth unexpectedly led to a 7.4% increase in pollen exposure. Analysis of medical claims data shows that increased aeroallergens triggered emergency room visits, mirroring pollution effects though much less severe. Monetized net health benefits of the program amount to 1.5% of the city’s GDP. Urban forests are only partially capitalized in housing values, with buyers mainly appreciating proximity to green spaces but not the air quality improvements they bring.