Primer on the Ecological Accounting Process (EAP) – A Methodology for Valuing the ‘Water Balance Services’ Provided by Nature (released January 2019)
“The concept of natural capital and natural assets can be a challenge to integrate effectively into asset management practices. EAP deals with a basic question: what is a creekshed WORTH, now and in future, to the community and various intervenors? We landed on the notion of the ‘natural commons’ as the starting point for calculating the financial value of a stream bed and riparian corridor. The EAP valuation methodology yields an asset value for the stream corridor that can then be used for budget purposes,” stated Tim Pringle.