Putting a price on nature can help municipalities adapt to climate change Gibsons, B.C., has become a ‘living lab’ for valuing natural assets On a sunny day in early October, Ryan Belanger, his wife, a couple of their kids and their dog were out enjoying White Tower Park, just a few blocks from where they live in Gibsons, B.C.People in Gibsons make good use of the forest, and in recent years, the town started rethinking how it treats this kind of asset, in the hopes of improving the community's climate adaptation.The park's stormwater ponds were full during the atmospheric river in November 2021 that led to severe flooding in some parts of B.C., but Machado says they were still doing their job managing the flow of water."Our response is quicker, in our opinion, and more effective if we enhance something we already have, rather than build something new."Gibsons's natural asset inventory also includes part of the coastline with sensitive ecosystems and a beach, as well as an aquifer that supplies drinking water."