I believe nations and municipalities should be responsible for conserving and protecting their natural assets. This is something I believe is especially important because these simple solutions can pay off in the future as seen in the water reservoirs here in the lower mainland. The federal governance toward water preservation allows the water to be usable without the implementation of expensive filtration/purification systems. Ideally, this responsibility would be placed on the nations and municipalities that should be concerned with their natural assets. Further, solutions should not be entirely dependent on markets as this is not always sufficient to provide an accurate valuation of natural assets (although in some cases such as the Panama Canal, it can be very important). In order to move towards this ideal world, natural asset valuations should be made by nations/municipalities, and they should govern their natural assets to improve preservation in the future.
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