Genuine Wealth Accounting for Communities - 1/2 Day Seminars with Mark Anielski

The Genuine Wealth Accounting (GWA) model, developed by Mark Anielski, is a sustainability planning, measurement and management tool that involves a number of steps in a life-cycle process. The following are some of the key attributes of the GWA.

The GWA model is a sustainability planning and measurement system that helps leaders to identify, implement, and measure the conditions of their community assets that contribute to sustainability and a flourishing society. The GWA yields a comprehensive and accurate portrait of quality of life and sustainability of the community of use to decision makers in government, business, and community organizations;

GWA helps organizations measure, assess and manage their total wealth (the conditions of well-being) -- human, social, natural, produced, and financial capital assets. These assets are the resources (the common wealth) that the community is endowed with to be managed for the common good of the community both for current and future generations.

The result is a regular well-being assessment of the genuine wealth of the community including an annual “Genuine Wealth State of the Community” report, a Genuine Wealth Index (a composite measure of total well-being) and a “comparative wealth advantage” audit of the community vis-à-vis other communities

GWA is a practical tool for accounting for the “triple bottom line”-- financial, social and environmental – performance of the municipal or regional government as it includes tools for “full cost accounting” of the full monetary benefits and costs associated with managing the wealth of the community for sustainability and wellbeing goals. GWA allows decision makers to account for the productivity (efficiency and effectiveness) of managing the community’s capital assets and thus assess the real returns to community capital.

Mark  Anielski is an expert in measuring the sustainable well-being of communities, having  developed the Genuine Wealth model and Genuine Progress Indicators (GPI) as new well-being evaluation tools.  He is also recognized as one of the world’s experts in valuing nature’s capital in national income accounts and greening the GDP. Mark wears many hats as an ecological economist, entrepreneur, professor, author and president of his family-owned consulting firm, Anielski Management Inc. He has dedicated the past 25 years of his life to developing new tools for measuring the sustainability and genuine well-being of  nations, communities and organizations.

October 17th (Calgary) and October 18th (Edmonton) Register Today!

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Based on a work at www.sustainabilitycircle.ca.