Biodiversity Benefits Accounting
Quantifying the Value of Urban Nature
Second Nature is bringing its expertise in biodiversity metrics and nature-oriented project design to a collaborative project to align water and biodiversity benefits.
The project team – which includes Pacific Institute, CEO Water Mandate, LimnoTech, and The Nature Conservancy – is developing standardized methods for accounting for terrestrial and aquatic biodiversity benefits of water and ecosystem stewardship activities. The objective is to publish a standardized methodology for biodiversity benefit accounting (BioBA) that is technically robust yet pragmatic and feasible to implement.
The project fills a need for clear, actionable guidance for corporate water stewardship programs to incorporate and maximize biodiversity outcomes in water project selection, design, and reporting. The BioBA project comprises two key phases: Phase 1) Project initiation and a landscape assessment; and Phase 2) the development of the BioBA methodology.
Second Nature Team
Robin Grossinger
Megan Wheeler
James Barnes