Federal & Provincial

This first report from the Natural Capital Lab introduces the concept of natural capital accounting (NCA) as a promising framework for the Government of Ontario to improve decision-making by developing more coherent, complete and comparable environmental data. NCA provides a systematic approach to the measurement of the stocks and flows of natural capital in physical and monetary terms that is fully consistent with existing economic data. It allows the cost and benefits of using and protecting our natural capital to be assessed and integrated into decision-making.

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The Natural Capital Lab recommends that the Government of Ontario further investigate natural capital accounts for potential adoption.

Innovators

Rob Smith
Director
Mid Summer Analytics

Scott McFatridge
Research Associate
Smart Prosperity Institute

David McInnes
Principal
DMci Strategies

Andreas Link
Team Lead, Socio-Economics
Ontario Ministry of Natural Resources and Forestry

Will Wistowsky
Senior Economist
Ontario Ministry of Natural Resources and Forestry

Jon O’Riordan
Author/Researcher
Adaptation to Climate Change Team, SFU

Eric Miller
Director
Ontario Network of Ecosystem Services

Kevin Rich
Head of Industry and Government Relations – Ontario
Ducks Unlimited Canada

Monica Sood
Principal, Strategy, Risk and Performance Management
Chartered Professional Accountants (CPA) Canada

Vince Deschamps
Registered Planner and Ecologist
Deschamps Consulting

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Susan Todd
Principal
Solstice Sustainability Works Inc.

Michelle Sawka
Project Manager
Green Infrastructure Ontario

Sara Wilson
Principal Consultant
Natural Capital Research and Consulting

Monica Sood
Principal, Strategy, Risk and Performance Management
Chartered Professional Accountants (CPA) Canada

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Nelson Chan
Chief Financial Officer
Capital Regional District and Capital Regional Hospital District

Michelle Molnar
Environmental Economist and Policy Analyst
David Suzuki Foundation