Where are they now? A stumbling block turns into opportunity in District of West Vancouver

First in a series of posts on activities of the 5 original community pilots since completing formal involvement with MNAI in December 2018

The starting place:

As an original MNAI pilot, the District of West Vancouver assessed costs to uncover streams that were channeled into underground culverts.  The focus is relevant to many communities: creeks and streams are often buried underground in highly urbanized areas, yet the culverts that contain them were often built according to stream flow levels and precipitation patterns that now differ dramatically as a result of climate change.

Using a covered section of a tributary to Brothers Creek, the District assessed the stormwater services provided by, and the costs associated with, uncovering the stream and returning it to a natural state compared to replacing it with a new culvert that meets modern standards. They found that construction cost of uncovering, restoring and realigning the creek to a degree sufficient to manage stormwater would be $327,200, while replacing the underground culvert to current standards would be $300,000.

In other words, the project demonstrated that the stream, if naturalized, would provide stormwater management benefits commensurate with engineered infrastructure, with capital costs of restoring the creek to a natural state similar to those of upgrading the culvert to meet current stormwater requirements.   Importantly, these benefits would be additional to any biodiversity, recreational or other value the stream might provide in an uncovered state.

Since MNAI:

The original stream project has stalled in the face of unforeseen conceptual and regulatory challenges.

It turns out that from a regulatory perspective, it is easier to keep a stream buried underground in cement pipes than to restore it to a natural state.  For example, uncovering streams can: trigger regulations for setbacks from riparian areas that are not a factor if the streams stay covered; create conflicts with other land uses; and, raise financial questions in communities such as West Vancouver where land value is high.  “The reality is that our regulatory frameworks were set up without considering natural capital or climate change, and can then become obstacles when we try to address these issues” notes Isabel Gordon, the District of West Vancouver Director of Financial Services.

This finding itself is relevant.  “While the narrow daylighting project has stalled in the District for now, it has uncovered areas for research and public policy development,” notes Michelle Molnar, MNAI’s Technical Director.  “Canadian cities will need regulatory and policy frameworks that enable and encourages them to adapt to and mitigate climate change.  This project points to tangible areas that must be better understood.”

More promising yet, municipal natural asset management has started to flourish in other, potentially more far-reaching ways in the District since the original pilot finished.

What’s happening now?

The understanding that natural assets provide core services and form an essential part of asset management has led the District to launch an inventory of its natural assets.

The District, with support from Solstice Sustainability Works, is now assembling data on its foreshore, forests, waterways and parks; characterising services provided by certain of these natural assets; and, determining what valuation strategies might work.  This inventory, once complete, will allow consideration of different asset management strategies that may be appropriate to ensure natural asset health and service delivery for the long-term.

What’s next

Once the inventory is complete, a presentation will be made to Council, with a variety of options for ensuring sustainable service delivery through effectively managed municipal natural assets.

Furthermore, the natural asset inventory is currently happening in parallel to the community’s process for engineered assets, but the possibility of integrating them in the months ahead.

The process will have challenges.  Nature currently loses out in many development discussions because it has, effectively, a value of zero.  In the District, it could still lose out in future if it is valued and found to be more expensive than engineered solutions, or less valuable than the (high) price of land. However, notes Ms.  Gordon, “if a tangible value can be applied to natural assets, then there is a greater incentive to preserve them than if their value is zero, as is the case now.  Furthermore, healthy natural assets provide many other benefits too, well beyond municipal services to communities.”

Opportunity for a watershed project in Ontario’s Greenbelt

Calling local governments in Ontario’s Greenbelt!

Municipalities across Canada are starting to employ municipal natural asset management as a practical strategy to combat the challenges of aging infrastructure, rising capital and operating costs and strained service deliver.

In collaboration with the Municipal Natural Assets Initiative (MNAI), they are acting on the growing evidence that natural assets provide, or could be restored to provide, services just like engineered assets, and often at lower costs.  MNAI offers a methodology and support for local governments to integrate natural assets into core asset management and financial processes using the same systems as for engineered assets.

MNAI is now offering a watershed-level program in Ontario’s Greenbelt, in collaboration with the Friends of the Greenbelt Foundation.  The project will be focussed on the needs and capacities of smaller / rural local governments.  The Request for Expressions of Interest is at this link.  It will close as soon as a suitable group of candidates is identified.

Along with 33 other organizations, MNAI made a submission to a consultation proc…

Along with 33 other organizations, MNAI made a submission to a consultation process that could open the door for natural assets to be properly considered in public sector accounting.

Why does this matter? The Public Sector Accounting Handbook underpins all accounting by Canada’s public sector. Currently, the handbook does not allow natural resources to be counted as “real” assets. It states that “the costs, benefits and economic value of such items cannot be reasonably and verifiably quantified using existing methods.” The handbook suggests that natural assets do not have an inherent value and make no economic contribution. The evidence tells a very different story.

Along with our partners, we look forward to working with the Public Sector Accounting Board to change this situation. Read our submission here. Let us know if you have any questions. Together, we can make nature count.

https://mnai.ca/opening-the-public-sector-accounting-door-…/




Source

Opening the public sector accounting door for natural assets

Along with 33 other organizations, MNAI made a submission to a consultation process that could open the door for natural assets to be properly considered in public sector accounting.

Why does this matter? The Public Sector Accounting Handbook underpins all accounting by Canada’s public sector. Currently, the handbook does not allow natural resources to be counted as “real” assets. It states that “the costs, benefits and economic value of such items cannot be reasonably and verifiably quantified using existing methods.” The handbook suggests that natural assets do not have an inherent value and make no economic contribution. The evidence tells a very different story.

Along with our partners, we look forward to working with the Public Sector Accounting Board to change this situation.  Read our submission here. Let us know if you have any questions. Together, we can make nature count.

The Municipal Natural Assets Initiative is included in Canada’s national report …

The Municipal Natural Assets Initiative is included in Canada’s national report to the United Nations on the Convention on Biological Diversity!

https://www.cbd.int/doc/nr/nr-06/ca-nr-06-en.pdf



Source

The Board and Staff of MNAI are really excited to have won an EcoStar Award in t…

The Board and Staff of MNAI are really excited to have won an EcoStar Award in the Environmental Stewardship category! These awards “recognize outstanding environmental achievements and leadership by businesses, organizations and individuals.” http://ecostarawards.com



Source

Municipal Natural Asset Management 101

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.

Download document

2018 REFBC Land Awards – Municipal Natural Assets Initiative

Winner in the Land Use and Conservation category for 2018!

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.