The Municipal Natural Assets Initiative (MNAI) is changing the way municipalities deliver everyday services, increasing the quality and resilience of infrastructure at lower costs and reduced risk.
The MNAI team provides scientific, economic and municipal expertise to support and guide local governments in identifying, valuing and accounting for natural assets in their financial planning and asset management programs and developing leading-edge, sustainable and climate resilient infrastructure.
MNAI teams up with municipalities to develop resilient, long-term infrastructure alternatives at substantial savings. MNAI employs practical strategies to value nature’s ability to provide municipal services and to incorporate this information into mainstream asset management systems. With increasing ease in measuring and valuing natural assets the MNAI approach is straightforward and transferable.
Could a low-cost, sustainable infrastructure solution be all around us? Could a forest provide water purification services? Could wetlands offer stormwater management services?
For a growing number of leading edge governments, the answer is yes. The Municipal Natural Assets Initiative is helping Canadian municipalities to seize this potential.
Managing areas such as aquifers, forests, and wetlands reduces service delivery costs and improves engineered assets efficiency.
Natural assets have a perpetual life span
Engineered assets must be replaced after their lifespan ends. Some natural assets, on the other hand, can provide services in perpetuity. They can become more valuable over time with effective monitoring, maintenance and restoration.
Natural assets support climate change adaptation
Some natural assets are resilient and can meet increased service delivery requirements under predicted climate change scenarios, meaning that their value can grow over time.
Underway in communities across Canada
MNAI is currently working with 11 cities across Canada to answer various natural asset management questions such as value, climate change impacts, monetization, optimization and maximization.