April 14, 2019
The Municipal Natural Asset Initiative’s latest research report, Opportunities to Fund Municipal Natural Asset Management Projects, reviews six of Canada’s major infrastructure funding programs from the perspective of a manager wanting to fund a municipal natural asset project. It identifies key considerations in determining project eligibility and funding terms and offers an easy-to-use program overview chart.
The bottom line is that there are several substantial funding sources for natural assets. However, some eligibility requirements, such as restricting funding to tangible capital assets or minimum cost thresholds can make it more difficult to fund specific natural asset management projects than to fund engineered infrastructure.