‘Biodiversity Benefit Accounting (BioBA) Landscape Assessment’ Released

Priorioritizing biodiversity as a core component of corporate water stewardship has never been more critical. As companies embrace water stewardship, there's a unique opportunity to create synergy between water and biodiversity efforts. Recognizing this, Second Nature, the Pacific Institute, CEOWaterMandate, LimnoTech, and The Nature Conservancy have collaborated to develop the "Biodiversity Benefit Accounting (BioBA) Landscape Assessment." 

The BioBA Landscape Assessment critically reviews relevant resources to identify baseline information on biodiversity commitments, frameworks, and approaches and support the development of the BioBA methodology in the next phase of work. Key resources on biodiversity estimation and measurement methods were reviewed, and opportunities for alignment with corporate water stewardship initiatives were explored.

In the next phase of the BioBA project, the development of BioBA guidance and methodology will provide a standardized approach for monitoring and reporting biodiversity-related outputs, outcomes, and impacts of investments in corporate water and ecosystem stewardship activities.