Search Climate Insights Directory

This report summarizes a 2018 forum on advancing natural infrastructure (NI) in Canada. It highlights the economic value of NI in mitigating climate risks, such as flooding, and identifies critical barriers to its implementation, including restrictive public sector accounting standards and funding gaps in federal programs like the ICIP and DMAF. The report recommends adopting natural asset accounting, utilizing green and resilience bonds, and creating dedicated federal NI funding to complement traditional grey infrastructure.

This briefing by the International Institute for Sustainable Development explores economic and financial strategies for building climate-resilient cities, with a specific focus on Alberta, Canada. It advocates for moving beyond traditional financial accounting to 'multiple-bottom-line' approaches and the valuation of ecosystem services to prioritize cost-effective adaptation over reactive disaster response.