LIVING WATER SMART IN BRITISH COLUMBIA: “Quantifying and valuing nature are complex tasks. Undertaking them alters our conception of nature. The University of Sheffield’s John Henneberry (1952-2021) was a source of inspiration for me when we were initially developing the methodology and metrics for EAP, the Ecological Accounting Process,” stated Tim Pringle, EAP Chair (October 2021)

NOTE TO READER:

The edition of Waterbucket eNews published on October 19, 2021 featured EAP, the Ecological Accounting Process. The EAP program provides local governments with a methodology and metrics for integration of natural assets into local government asset management programs.

Financial Case for the Stream

“EAP bridges a gap. It provides local government with a methodology and metrics for integrating natural assets, notably stream corridor systems, into municipal infrastructure. A stream is a land use because the stream corridor is defined in regulations and has a financial value. EAP uses real numbers from BC Assessment, not hypothetical assumptions, to establish the financial case for the stream corridor system,” explained Tim Pringle, EAP Chair.

“The EAP methodology and metrics recognize the importance of the stream system in the landscape. Over the past four years, a series of ‘big ideas’ have emerged during the 3-stage program of testing, refining and mainstreaming EAP. These big ideas are transformative in their implications for local government asset management.”

“Each case study is a building block in a systematic process of applied research. The end goal is to establish a line item for ‘maintenance and management’ (M&M) of stream systems in an annual budget.”

Quantifying and Valuing Nature

John Henneberry (1952-2021) was a source of inspiration for Tim Pringle during the early years of the EAP program. His pioneering work in the United Kingdom provided validation of the wisdom inherent in the whole-system philosophy that guides the EAP program.

John Henneberry’s interests lay at the interface between planning and property, and focused on the use of economic instruments in planning and the reproduction of the urban built environment. He wrote and researched widely on these topics. He is remembered by his colleagues and contemporaries as a gifted scholar, teacher and university leader.

“Over the last decade, an industry has developed that values different aspects of nature in different ways,” wrote John Henneberry in 2018. “Nature appears more fragmented because we have to slice it into categories and dice those categories into bits before we can value bits of those bits. The sum of these parts is far short of the whole and does not capture the interconnectedness and holism of nature. In addition, our view of nature is biased to those aspects of it that can be measured and particularly to those that can be valued.”

The range of issues John Henneberry tackled was formidable. He worked alongside botanists, hydrologists, psychologists as well as economists, political scientists, geographers, planners and landscape architects, impressing all colleagues with his keenness to work with them and to grasp debates in other disciplines. He was especially good at motivating colleagues and bringing them together to work on socially relevant research. His approach was an inspiration to all. It was also why John was a great teacher and much admired by all his students.

To Learn More:

To read the complete story published on October 19, download a PDF copy of Living Water Smart in British Columbia: EAP, the Ecological Accounting Process is Game-Changing!