VIDEO: “Thinking Like a Watershed: Eco-Assets Explained” – benefits, challenges and ingredients for a successful program (March 2017)

The Comox Valley Conservation Partnership organized an Eco-Asset Symposium in March 2017. “The stewardship and conservation sector has traditionally focused on habitat restoration and protection of lands with high ecological values,” stated David Stapley. “With cumulative impacts from climate change, urban and resource development escalating, these groups have now become community leaders in educating and supporting improved land use practices.”

DESIGN WITH NATURE: “It’s time we recognized the importance of intact nature and built green infrastructure as central to flood-prevention efforts,” wrote David Suzuki

"Floods have become one of the most visible signs of the effects of climate change in cities, towns and rural areas throughout Canada," stated David Suzuki. "The Insurance Bureau of Canada found one in five Canadians faces some level of flood risk, and 1.8 million households are at very high risk. Climate change–related events — including floods, drought and fires — are a drain on personal finances and the economy."

GET IT RIGHT AT THE FRONT-END, OTHERWISE: “We end up paying far more to fix a problem further down the road when the absolute need to address it leaves no other option,” wrote Rick Baumann, South Carolina newspaper guest columnist

“The science of stormwater management is catching up with the development that has occurred. That is the problem. We are playing catchup – and application of the science is lagging far behind long established established knowledge," wrote Rick Baumann in a guest column. "As early as the 1940’s – when state poet laureate Archibald Rutledge published his classic book 'Home by the River', stormwater had been reeking havoc for quite some time."

ECOLOGICAL ACCOUNTING PROTOCOL: Embed ‘state-of-the-art’ hydrology in engineering ‘standard practice’ as a first step to valuing watersheds as infrastructure assets

"Use of the Water Balance family of methods and tools will help local governments bring state-of-the-art hydrology into engineering standard practice,” stated Ted van der Gulik. “Our objective is to make it easy for local governments to establish, require and implement Water Balance performance targets. The methods and tools exist. It is a matter of enhancing them to support EAP (Ecological Accounting Protocol) plus expand their use."

ARTICLE: What Gets Measured Can Be Managed – “Over the past year, we have improved the logic of the Ecological Accounting Protocol,” wrote Tim Pringle, EAP Initiative Chair (Asset Management BC Newsletter, Winter 2017)

"The Ecological Accounting Protocol is about specific values (pricing) - not imputed, generalized values," wrote Tim Pringle. "Since cost-avoidance, at least perceived cost-avoidance, motivates much of the decision-making process about infrastructure, and development in general, why has the obvious role of natural assets been omitted to date? The Ecological Accounting Protocol suggests it is the lack of measurement."

FLASHBACK TO 2006: Mini-Summit on Water for Life and Livelihoods, held in Whistler, introduced the “settlement in balance with ecology” principle to focus attention on community wellbeing (May 2006)

"The mini-summit commenced the branding process within British Columbia for use of the phrase ‘water for life and livelihoods’ to focus on what is at stake over both the short and long terms,” stated Erik Karlsen. "It was a presentation by Tim Pringle that introduced the “settlement in balance with ecology” principle to draw attention to a balanced approach to achieving social, environmental, economic well-being — with inclusive and accountable governance."

“The Ecological Accounting Protocol is the lynch-pin for achieving Sustainable Watershed Systems through a whole-system, water balance approach,” stated Kim Stephens at a meeting of Metro Vancouver’s Stormwater Interagency Liaison Group (Nov 2016)

"The emphasis in using the Ecological Accounting Protocol (EAP) would be on adaptive management design, rather than a prescriptive approach," stated Kim Stephens. "The essence of EAP is that 'Optimum Infrastructure Design = Watershed Health'. Optimum implies preserving hydrologic integrity plus achieving best opportunity-cost outcomes in the long-term. The watershed defines what goes into EAP."

FLASHBACK TO 2008: At the Green Developers Dialogue, Tim Pringle illustrated how Green Value had moved from market-niche to market-share on Vancouver Island

The Real Estate Foundation of BC hosted the Green Developers Roundtable at the 2008 Gaining Ground Summit. “We organized the roundtable event to engage the major Vancouver Island developers in a conversation about the factors that facilitate or hinder their efforts to design, plan for and implement development incorporating Green Value Strategies on Vancouver Island,” said Jack Hall, REFBC Chair at that time.

“The twin technical pillars for the Georgia Basin Inter-Regional Education Initiative are the Water Balance Methodology and Ecological Accounting Protocol,” states Sustainable Watershed Systems, through Asset Management (released in November 2015)

“The Ministry of Environment appreciates that the Partnership for Water Sustainability in BC embraces shared responsibility for the Water Sustainability Action Plan. The next phase of the Georgia Basin Inter-Regional Education Initiative will add to 'Asset Management for Sustainable Service Delivery: A BC Framework' and integrate watershed systems thinking and adaptation to a changing climate into asset management," wrote Wes Shoemaker.