Abstract: Green- spaces might be very attractive, but
where are the economic benefits? What value do nature and
landscape have for us? What difference will it make to jobs,
health and the economic strength of areas struggling with
deprivation and social problems? [1].There is a need to consider
green spaces from a different perspective. Green planning is not just
about flora and fauna, but also about planning for economic benefits
[2]. It is worth trying to quantify the value of green spaces since
nature and landscape are crucially important to our quality of life and
sustainable development. The reality, however, is that urban
development often takes place at the expense of green spaces.
Urbanization is an ongoing process throughout the world; however,
hyper-urbanization without environmental planning is destructive,
not constructive [3]. Urban spaces are believed to be more valuable
than other land uses, particular green areas, simply because of the
market value connected to urban spaces. However, attractive
landscapes can help raise the quality and value of the urban market
even more. In order to reach these objectives of integrated planning,
the Green-Value-Gap needs to be bridged. Economists have to
understand the concept of Green-Planning and the spinoffs, and
Environmentalists have to understand the importance of urban
economic development and the benefits thereof to green planning. An
interface between Environmental Management, Economic
Development and sustainable Spatial Planning are needed to bridge
the Green-Value-Gap.