February 10, 2020
Volumetric Water Benefit Accounting (VWBA): Implementing and Valuing Water Stewardship Activities – A Method to Quantify Benefits
World Resources Institute, LimnoTech, Quantis, and Valuing Nature published a paper that describes a methodology for businesses and other stakeholders to calculate the benefits of their water stewardship activities. The paper, Volumetric Water Benefit Accounting (VWBA): A Method For Implementing and Valuing Water Stewardship Activities, describes a standardized approach and set of indicators that can help corporate water stewardship practitioners estimate and communicate the volumetric water benefits of their investments and commitments.
We believe the VWBA meets a critical need in the corporate water stewardship space. It provides a common standardized and science-based method for assessing the benefits of water stewardship activities in a comparable way. It also helps to ensure that water stewardship activities address current or projected water challenges and contribute to public policy priorities.
The VWBA builds on our foundational technical work with The Nature Conservancy in support of The Coca-Cola Company’s replenish commitment made more than a decade ago. Since that time, we have refined and improved the methods and applied them to hundreds of projects around the world.
We look forward to seeing VWBA catalyze meaningful action and impact on the ground! Together, we can make a difference in our environment and communities.
Want to learn more? Read this blog, “New Guidance Can Help Companies Reduce Water Risk, Improve Watersheds” by Paul Reig (WRI), Wendy Larson (LimnoTech), Samuel Vionnet (Valuing Nature), and Jean-Baptiste Bayart (Quantis).
Wendy Larson is an Associate Vice President and Senior Scientist with extensive technical and project management experience through a wide variety of project work in the U.S. and abroad. Her responsibilities at LimnoTech are currently focused on water sustainability consulting for a range of corporate clients, addressing technical and strategic needs related to water stewardship. Over the past 27 years, she has also directed several basin-scale studies related to Great Lakes issues, conducted research directed at improvements to the TMDL process, and managed a range of projects addressing issues related to water scarcity, water quality, and aquatic ecosystems.