Comprehensive wealth (or inclusive wealth) is about measuring what matters in the long run.
It focuses on the role of people, the environment, and the economy in creating and sustaining well-being. It goes beyond merely measuring gross domestic product (GDP) and addresses issues that GDP cannot capture on its own.
Made up of five components: produced, financial, natural, human and social capital, comprehensive wealth is the holistic approach that will prove key to successfully guiding Canada through the 21st century and beyond.
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Learn more about innovative Canadian municipalities that are incorporating natural capital into core financial, asset management and infrastructure decision-making.
We will introduce the Municipal Natural Asset Initiative (MNAI), a platform for leading municipalities to experiment and innovate with natural capital through a series of pilot projects aimed at refining and replicating the Town of Gibsons’ Eco Asset Strategy.
The goal of the MNAI is to support municipalities in recognizing, measuring and managing the contribution natural systems make to people and municipal service delivery, using municipal asset management business processes.
This webinar will introduce participants to the Town of Gibsons’ Eco Asset Strategy, discuss how MNAI is scaling this strategy through a series of pilot projects, and describe how you can participate in shaping the future of natural capital valuation through the Natural Capital Lab.
John Purkis, Director, Natural Capital Lab
Roy Brooke, Director, Municipal Natural Asset Initiative
Emanuel Machado, Chief Administrative Officer, Town of Gibsons, B.C.
Michelle Molnar, Environmental Economist, David Suzuki Foundation.
For the past two years, the Natural Capital Coalition has worked with over 200 organizations spanning business, conservation, research, finance and policy to develop the Natural Capital Protocol. The Protocol helps businesses to identify, measure and value their impacts and dependencies on natural capital. Developing this capacity will better position businesses to respond to emerging risks as well as identify new market opportunities in a resource constrained world.
During this webinar, participants will receive an introduction to the Protocol from Mark Gough, Executive Director of the Natural Capital Coalition. Participants will learn about innovative pilot projects currently testing the Protocol and how applying the Protocol in your organization can create value and lead to stronger decision-making.
This webinar is co-hosted by the Natural Capital Lab, Deloitte, and the Natural Capital Coalition.
The Ecosystem Services Partnership will host a webinar about the newly released (USA) White House memorandum on “Incorporating Ecosystem Services into Decision-Making.” You can read the White House Memorandum as well as the White House Blog post on the memorandum here: