A growing number of communities are considering undertaking municipal natural asset management. It may look daunting at first, but it really isn’t much different than the standard asset management processes for which all local governments in Canada are responsible. This primer, developed to support the Federation of Canadian Municipalities, is a great place to start to learn basic steps that local governments can take. Let us know if you have questions.
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Smart Prosperity Institute, Brooke and Associates, David Suzuki Foundation, and the Town of Gibsons
Natural features and ecosystems (like marshes, forests, and shorelines) can deliver services (like stormwater absorption, water filtration, erosion control) to communities.
The Municipal Natural Assets Initiative helps communities to “count” these natural assets and assign a value that’s equivalent to the service a human-built asset would provide. By counting nature as an asset, municipalities can make a strong financial case for protection and conservation, while relying less on engineered assets.