Photo: Natural capital innovation at the municipal level

Cities and towns, like Gibsons, B.C., are putting a value on nature and placing it at the heart of their decision-making. (Credit: Bob Cotter via Flickr)

A growing number of municipal governments in Canada are becoming leaders in environmental innovation. One of those innovations involves a natural capital management approach where municipalities are making financial and risk management cases for preserving their natural capital assets. This is how cities and towns, like Gibsons, B.C., are putting a value on nature and placing it at the heart of their decision-making.

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The David Suzuki Foundation is part of an alliance that is looking at scaling up the efforts already underway across the country. The project's three-phased approach includes a multi-disciplinary, multi-year initiative to address policy issues, replicate the municipal natural asset approach on pilot sites across Canada and share information.

This work aims to fundamentally transform the protection of natural capital and ecosystem services in Canada's urban areas, with corresponding benefits for habitat, biodiversity, climate change mitigation and adaptation efforts as well as cost-reduction measures.

Does this sound like a good fit for your municipality? Check out the Expressions of Interest application requirements. Letters are due by March 14, 2016. Your municipality could become a leader in natural capital innovation.

February 9, 2016
http://www.davidsuzuki.org/blogs/panther-lounge/2016/02/natural-capital-innovation-at-the-municipal-level/

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