ECOLOGICAL ACCOUNTING – WHAT’S IN A NUMBER? “Start with an understanding of the parcel because that is how communities regulate and plan land use. It is the parcel level where you get the information that you need to change practice to protect natural assets. That is what everyone must get their heads around,” stated Tim Pringle (October 2022)
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.