With the release of the new Biodiversity Benefit Accounting (BioBA) guidance, we now have a structured way to identify, assess, and communicate biodiversity benefits linked to corporate water stewardship and collective action. The project is the result of an excellent collaboration between engineers and ecologists to link biodiversity and water replenishment benefits. The project team included Second Nature, Pacific Institute, CEO Water Mandate, LimnoTech, and The Nature Conservancy.

The guidance helps companies move beyond water risk mitigation to integrate biodiversity into water stewardship projects with clarity and credibility. BioBA provides guidance to:

• Identify biodiversity objectives

• Design biodiversity-aligned projects

• Select meaningful indicators and metrics

• Communicate biodiversity benefits transparently

Phase 1 produced the Biodiversity Benefit Accounting Landscape Assessment, a critical review of existing relevant resources - from a wide range of scales and sectors - with implications for biodiversity benefit quantification in the water stewardship realm.

For more info and to download the final BioBA report, click here.