EAP, THE ECOLOGICAL ACCOUNTING PROCESS, IS GAME-CHANGING: “With all the talk about integrating natural assets into asset management, the players forget that nature is a system. They focus too much on specific aspects of the system, rather than its interrelated functions,” stated Tim Pringle, EAP Chair, when the Partnership for Water Sustainability released a downloadable resource about the EAP program as part of its Living Water Smart Series (October 19, 2021)
“Once communities make the mental transition to view ecological services as core local government services, the change in mind-set should lead to this question: how can we do things better? EAP interweaves financial, social, and ecological perspectives within a single number to establish the financial case for a stream corridor system. This aggregate number provides environmental planners with a starting point for a balanced conversation with engineers and accountants about the services that natural and constructed assets both provide. This alone is a game-changer,” stated Tim Pringle.