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Ecological Accounting Process

Getting the Most from Infrastructure Assets: Ecological Accounting Protocol (Part 2 of 2) (Asset Management BC Newsletter, Fall 2016)


“The Ecological Accounting Protocol (EAP) is an economic tool to make real the notion of ‘watersheds as infrastructure assets’. EAP would support four related analytical approaches to capital expenditure and life cycle costs represented in infrastructure (drainage) services drawn from natural assets. These are Substitution, Cost Avoidance, Environmental (watershed health) Benefits, and Attributed Values,” wrote Tim Pringle. “EAP would make sustainable service delivery more robust with the inclusion of the value and costs
associated with the use of services from natural assets to supply infrastructure.”

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Getting the Most from Infrastructure Assets: The idea of ecological accounting (Part 1 of 2) (Asset Management BC Newsletter, Winter 2016)


Tim Pringle coined the phrase ecological accounting protocol. “The purpose is to enable comparison of engineered infrastructure to natural systems by means of common units of measurement and value,” states Tim Pringle. “The challenge is in HOW to calculate the most effective blend of services from nature and engineered infrastructure. The need for measurement and valuation is paramount.”

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