Learning from the Town of Gibsons’ experience.

This summary is part of a series designed to provide local governments with easy-to-access information to help with adoption of municipal natural asset management. These summaries have been drawn from five reports published by the NAI in 2017-2019. Municipal decision-makers, staff with responsibility for managing municipal assets, and financial and accounting staff will find the information helpful in building and scaling up their own municipal natural asset management efforts. Further, it may be of interest to asset managers in provincial and federal governments, natural resource companies, and universities as early evidence suggests municipal natural asset management approaches can be adapted in other decision-making contexts. 

This summary outlines lessons learned from the Town of Gibsons, located in British Columbia, Canada. The findings are based on the Town’s pioneering work to include natural assets in financial planning and reporting for municipal asset management. The summary also outlines needs for future research and policy development.