Riparian Deficit

    EAP, THE ECOLOGICAL ACCOUNTING PROCESS, IS GAME-CHANGING: Financial Case for Bowker Creek Daylighting in British Columbia’s Capital Region

    “Decision-making is the key. In the City of Victoria, we are creating new ways of making decisions about what we do with our assets, whether they be natural or hard. Embracing EAP would introduce a structured asset planning approach. It provides metrics for integrating natural assets into the municipal infrastructure inventory and place them on an equal footing with constructed/engineered assets. This provides a starting point for a balanced conversation about the services,” stated Trina Buhler.

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    EAP, THE ECOLOGICAL ACCOUNTING PROCESS, IS GAME-CHANGING: “With all the talk about integrating natural assets into asset management, the players forget that nature is a system. They focus too much on specific aspects of the system, rather than its interrelated functions,” stated Tim Pringle, EAP Chair

    “The EAP methodology focuses on the historical and current land use practices that have changed landscapes, modified hydrology, and have led to present-day community perceptions of the worth of the stream or creekshed and the ecological services it provides. A whole-system understanding is the starting point for developing meaningful metrics. Managing the built and natural environments as interconnected systems is a guiding principle,” stated Tim Pringle.

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