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.

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. Phase 2, developent of the BioBA methodology, is currently underway.