DOWNLOAD BEYOND THE GUIDEBOOK 2022: “Because local governments need real numbers to deliver outcomes, we landed on a concept which we call the Riparian Deficit. This is a measure of land use intrusion into the streamside protection zone,” stated Tim Pringle, Chair of the Ecological Accounting Process (released June 2022)
“Now that we have landed on the Riparian Deficit concept, we are able to reflect on the two issues which provided context for the journey: first, engineering measures are insufficient for stream and riparian protection; and secondly, the link to municipal asset management has not been clear. To reach the destination, we had to address and show how to overcome four challenges: one, a lack of measurable metrics; two, confusion over what is an asset versus a service; three, ignorance about how to quantify the financial value of natural assets with real numbers; and four, numerous one-off projects that fail to build improved asset management practice,” stated Tim Pringle.