Natural Capital Asset Valuation Nasha Spence, Environmental Accounting Manager June 6, 2019
Presentation Overview 1. Purpose of the project 2. Relating the climate to risk 3. Methodology 4. Inventory maps
Purpose The Natural Capital Asset Valuation exists to: 1. Identify – Value 2. Recommend – Best use, options for infrastructure 3. Implement - Cost-benefit analyses, Asset Management practices 4. Monitor & Report – Monitor value and change in value; Report annually
Saskatoon’s Future Climate x WETTER WILDER WARMER
What does this mean for Saskatoon?
Risks to the Process • Developing new methodology • Buy-in • Intangible assets and values • Principles-based process • Indirect value • Legitimacy of valuation without standards
Methodology • Environmental Flows • Stocks of Environmental Assets • Economic Activity Related to the Environment
Methodology • Types • Condition • Services • Monetary flows • Thematics
Valuation
Verification
Acknowledgements
Thank you for your attention!
Recommend
More recommend