CHRONICLE OF GREEN INFRASTRUCTURE INNOVATION : “Local governments need a real number based on financial value if they want to get natural assets into their management plans on a regular basis. EAP gives them that,” stated Tim Pringle, Chair of the Ecological Accounting Process (EAP)
“The question we asked was, how do you find that number? Well, we can treat a stream as a land use because we have the Riparian Areas Protection Regulation and we have BC Assessment for land values. The rest of it is the methodology that does the right calculation. Local governments have a spatial way of looking at land use. EAP, the Ecological Accounting Process, is a spatial view because the methodology is keyed to parcels which is as spatial as you can get. EAP allows local governments to explore the financial impact of land development choices,” stated Tim Pringle.
