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“The Saratoga Miracle Beach study area within the Comox Valley Regional District (CVRD) is defined by its water assets. The presence of wetlands differentiates the Saratoga Miracle Beach EAP Project from other EAP case studies and added a new dimension to the EAP analysis. The CVRD anticipates using this work, together with the Master Drainage Plan and flood mapping work, to inform the development of new regulatory tools and to assist in communicating the value of these natural assets to the public during future community engagement,” stated Darry Monteith.

“In 2016, the Partnership embarked upon a 6-year program of applied research to evolve EAP through a 3-stage building blocks process of testing, refining, and mainstreaming the methodology and metrics for financial valuation of stream systems. The program involved 9 case studies and 13 local governments and yielded 19 “big ideas” or foundational concepts. The program goal was to answer the question, how much should communities budget each year for maintenance and management of stream systems,” stated Tim Pringle.

“The context for EAP, the Ecological Accounting Process, is protection and restoration of stream systems. Two questions set the stage for EAP. First, what is the stream worth to the community? Secondly, how would a municipality operationalize EAP to pay for stream maintenance and management (M&M)? Everything comes down to one question: What is the number for the line item in a local government annual budget? The use of ‘cascading levels of understanding’ as a mind map helps us cut through the rhetoric and jargon to provide meaningful context and content for EAP,” stated Kim Stephens,.

“Master drainage planning, integrated stormwater planning, and other processes at best pay lip-service to the role of the streamside protection zone within a stream system context, the condition of native vegetation and woodlands cover, and the need for restoration. Now, the Ecological Accounting Process (EAP) provides the reason to ask the question, why aren’t these factors considered and given equal weight to engineering considerations? With EAP as a foundation piece, local governments have a rationale and a metric to do business differently via multiple planning pathways,” stated Tim Pringle.

“Three decades ago, the philosophy that ‘use and conservation of land are equal values’ launched Tim Pringle on a career trajectory that has culminated with his breakthrough accomplishment in leading the EAP initiative. EAP opens ups multiple pathways for local governments to achieve the goal of ‘natural asset management’. Now, with EAP as a foundation piece, maintenance and management (M&M) of stream systems can be integrated into a Local Government Finance Strategy to tackle the Riparian Deficit,” stated Kim Stephens.

“Communities rely on a range of services such as roads, underground utilities and parks to support life-style and property enjoyment. Through taxation, these constructed commons are maintained and managed in order to ensure their availability. Institutional services such as fire protection and schools are a related kind of constructed commons. As defined by EAP, a natural commons is an ecological system that provides ecological services used by nature and the community. But the commons word means little to the average person. So, we created a visual aid to help audiences grasp the concept,” explained Tim Pringle.

“Community resilience is defined as the sustained ability of a community to utilize available resources to respond to, withstand, and recover from adverse situations while continuing to deliver critical community services. The goal of enabling and supporting community resiliency also brings to the fore the role of land use and community planning; the very profession that develops the policy and plans that either enable or impede the resiliency we seek,” stated Christine Calihoo.

The big picture context for EAP is whether a local government has a strategy for its constructed assets. Success over the long-term depends on local government political commitment to the guiding principles of sustainable service delivery. Bridging the infrastructure funding gap for constructed and natural assets requires an intergenerational commitment. “Lack of a long-term financial plan to support asset management really forces an incremental erosion of the service level. That is why forward looking long-term financial statements are so important to inform Council decisions,” stated Christopher Paine.

How will communities ensure that streams survive as healthy ecosystems in an urban setting? This existential question defines a key challenge facing local governments in an era of weather extremes. EAP, the Ecological Accounting Process, provides communities with a path forward. It is the means to inject balance into the natural asset management conversation. “We needed a measure of financial value that could be applied on stream systems generally, not just because somebody somewhere had done something somehow. And then it struck me, the BC Assessment database is the lynchpin for financial valuation,” stated Tim Pringle.

Three landmark initiatives came to fruition in 2014. One of these is ‘Asset Management for Sustainable Service Delivery: A BC Framework’. It makes the link between local government services, the infrastructure that supports the delivery of those services, and watershed health. The BC Framework provides context for EAP. “The BC Framework points the way to integration of natural systems and climate change thinking into asset management. Resilient cities will be the ones that can absorb water and manage the water cycle as a closed loop,” stated Liam Edwards