Organization: Federation of Canadian Municipalities
Year of publication: 2020
Type of green infrastructure: Natural Assets
Summary: To inform planning for future urban development and climate change adaptation, the City of Saskatoon completed a pilot project to assign measurable value to its natural assets. The Natural Capital Asset Valuation pilot project generated an inventory of local natural assets, identified the specific ecosystem services they provide and assigned financial value to those services. The project, which received funding from the Municipalities for Climate Innovation Program (MCIP), provided valuable information for the management of Saskatoon's natural assets.
Read this case study to understand how assigning measurable value to natural assets can inform municipal strategies for asset management and climate change.