An Application of the Sustainable Asset Valuation (SAVi) Methodology to Pelly's Lake and Stephenfield Reservoir, Manitoba, Canada

This report applies the Sustainable Asset Valuation (SAVi) methodology to Stephenfield Reservoir and Pelly's Lake in Manitoba, Canada. It evaluates the economic value of ecosystem services—such as flood control, carbon offsets, and water supply—by comparing them to the cost of equivalent grey infrastructure, arguing that such valuations can help policy-makers justify the conservation of natural ecosystems as critical buffers against climate change.

• The report utilizes the Sustainable Asset Valuation (SAVi) methodology to determine the financial value of ecosystem services provided by two types of infrastructure in Manitoba, Canada: the Stephenfield Reservoir, which is a civil engineered reservoir used for domestic water supply and irrigation, and Pelly's Lake, a natural wetland managed for flood control.
• The assessment identifies several added benefits provided by these sites, including carbon offsets, nutrient and sediment sequestration, groundwater recharge, improved biodiversity and habitat, and economic uses of biomass. The valuation process involves calculating the cost of the 'grey infrastructure' that would be required to deliver the same level of service.
• The document highlights that natural ecosystems act as critical buffers against climate change-induced catastrophic weather events, such as forest fires, landslides, droughts, and floods, and provide services including air and noise pollution reduction, erosion prevention, and water storage.

APA

Stanley,, A. B. (2019). An Application of the Sustainable Asset Valuation (SAVi) Methodology to Pelly's Lake and Stephenfield Reservoir, Manitoba, Canada. International Institute for Sustainable Development. https://www.iisd.org/publications/report/application-sustainable-asset-valuation-savi-methodology-pellys-lake-and

Chicago

Stanley,, Andrea Bassi,Madeline. An Application of the Sustainable Asset Valuation (SAVi) Methodology to Pelly's Lake and Stephenfield Reservoir, Manitoba, Canada. International Institute for Sustainable Development, 2019. https://www.iisd.org/publications/report/application-sustainable-asset-valuation-savi-methodology-pellys-lake-and.

Wikipedia

{{cite report |last1=Stanley, |first1=Andrea Bassi,Madeline |title=An Application of the Sustainable Asset Valuation (SAVi) Methodology to Pelly's Lake and Stephenfield Reservoir, Manitoba, Canada |publisher=International Institute for Sustainable Development |date=12 June 2019 |url=https://www.iisd.org/publications/report/application-sustainable-asset-valuation-savi-methodology-pellys-lake-and |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{stanley2019application, author = {Stanley,, Andrea Bassi,Madeline}, title = {{An Application of the Sustainable Asset Valuation (SAVi) Methodology to Pelly's Lake and Stephenfield Reservoir, Manitoba, Canada}}, institution = {International Institute for Sustainable Development}, year = {2019}, month = jun, url = {https://www.iisd.org/publications/report/application-sustainable-asset-valuation-savi-methodology-pellys-lake-and}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }