Green Analytics conducted a study to assess and value the natural assets within the Region of Peel, Ontario and to build a modelling framework and interactive tool to allow decision makers to explore the business case for alternative natural asset management actions. A range of ecosystem services provided by the natural assets in the study were quantified and a set of best management practices and restoration options for the natural assets were examined at the neighbourhood scale for two sites within the study area. A comparison of the life-cycle costs of the management options in relation to the value of the benefits derived from the natural assets was also conducted.
Green Analytics additionally supported Credit Valley Conservation Authority in developing a web-based tool that demonstrates the connections between changes in the natural environment and human health and wellbeing. Using a case study approach, restoration and enhancement scenarios were compared with a do-nothing scenario for the natural assets within the two study areas. The service benefits derived from the natural assets under the alternative management scenarios were then compared with the cost of restoring and enhancing natural assets will be compared with the value of the services derived from the assets. The tool allows users to assess the implications of alternative scenarios and assumptions through a web-based dashboard.
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