Oxford Economics undertook a total economic value assessment of Royal Botanic Gardens, Kew for the year 22/23. The report found that Kew delivered £3.81 in benefits to UK society for every £1 spent to run it.
Key benefits provided by Kew include the value of its scientific research in areas such as climate change and sustainability, which is enabled by Kew’s extensive collections of plants and fungi. Kew also provided substantial value to its 2.3 million visitors in the year 22/23, and provided educational opportunities to thousands of students across a number of programmes, ranging from school visits all the way to postgraduate diplomas.
Through survey techniques, the research also demonstrated that even those who do not benefit from Kew directly still place a meaningful value on its existence as an important institution.
To download the report, please complete the form below.
The experts behind the research
Our Economic Consulting team are world leaders in quantitative economic analysis, working with clients around the globe and across sectors to build models, forecast markets and evaluate interventions using state-of-the art techniques. Lead consultants on this project were:
Read the report
Complete the form below to download the report.
Recent related reports
Global Industry: Energy transition will transform mining—promise and pitfalls
We expect that demand for energy transition-related critical minerals will grow significantly in the next decades even in the absence of rapid progress required to achieve net zero.Find Out More
The costs and eventual benefits of smooth decarbonisation in ASEAN
Reaching net zero carbon emissions by 2050 would likely have a larger impact on economic activity initially in ASEAN5 countries than more gradual decarbonisation. But our modelling suggests the gap would narrow in later years and turn positive in most places approaching 2050.Find Out More
Why understanding and investing in your social footprint is good for business
In the last few years issues such as the cost of living crisis, and the Covid-19 pandemic have pushed the nature of the relationship between companies and their employees, communities, and wider political context to the top of boardrooms’ agenda.Find Out More
Understanding business sustainability in the context of environmental thresholds
When business leaders think of the “thresholds” that hold meaningful consequences for their organisations, ones affecting corporate tax or regulatory requirements might be the examples that first come to mind. However, another kind of threshold deserves businesses’ more immediate attention – the environmental thresholds at which abrupt and potentially irreversible changes to the Earth and its systems occurs.Find Out More