At the 2016 Innovation Forum, Innovators were asked to prioritize potential interventions as a first step to developing actions plans for implementation. Each work stream started with a brainstorming session to define their collective challenges, outstanding questions, and immediate/long-term priorities. Based on the potential interventions identified, each work stream selected two areas to further articulate in their 2017 Action Plans. The intervention areas below are not a comprehensive list of all the challenges facing natural capital but are instead a list of priority areas for each workstream based on internal resources, experience, and capacity. The following list will continue to evolve as the workstreams progress.
The following criteria were used to help sort and prioritize intervention areas:
Right Direction: The initiative is aligned with our success criteria (vision and characteristics of success).
Flexible Platform: The initiative opens up multiple adjacent and future possibilities.
Return on Investment: The expected value (impact, financial and learning) is high for the time and resources invested.
Personal Energy: Where do you want to invest the most personal energy?
Intervention Area 1: How can we better integrate existing knowledge databases into current municipal planning tools (public works, finance, infrastructure)?
Intervention Area 2: Examine existing knowledge/ databases (e.g. EVRI) so that it can be used by municipal practitioners
Intervention Area 3: How are municipal planning decisions made? What are the criteria/considerations? Look at examples in asset management.
Intervention Area 4: Rural pilot needed.
Intervention Area 5: Communications. Adapt the natural capital language for various target audiences.
Intervention Area 6: Reporting for municipalities: natural capital balance sheet.
Intervention Area 1: Develop a natural capital asset classification and verification system.
Intervention Area 2: Integrate/identify natural capital in existing government priorities and initiatives and create both a business case and narrative for priorities.
Intervention Area 3: Ecological fiscal reform. Include lost natural capital in fines/remedy for damages.
Intervention Area 4: Create public communication narratives and tools.
Intervention Area 5: Accountability. To what extent do professional codes of practice (e.g. engineers or foresters) reflect the need to protect natural capital (e.g. code of conduct).
Intervention Area 1: Corporate reporting.
Intervention Area 2: Business buy-in (communications).
Intervention Area 3: Mapping how natural capital fits into the value chain.
Intervention Area 4: Natural Capital Protocol Proof of Concept.
Intervention Area 5: Identifying opportunities for grey infrastructure.
Intervention Area 6: Trade agreement assessment. Review natural capital implications in all proposed/existing trade agreements.