Bluerisk and partners Bonneville Environmental Foundation, LimnoTech and World Resources Institute released the third installment to the interim updated guidance for implementing and valuing water stewardship activities, the Volumetric Water Benefit Accounting (VWBA) 2.0. This voluntary guidance is intended to assist companies in tracking and communicating the results of meaningful water stewardship actions that contribute to long-term watershed outcomes.
Interim VWBA 2.0 guidance is being released through a series of five installments on a rolling basis during 2023-2024. Each installment covers a specific topic and provides guidance derived from experiences and insights gleaned from implementing water stewardship strategies, programs, projects, and activities.
This release, Installment 3 “Principles for Tracking and Reporting VWBs”, outlines principles to inform and guide efficient and effective project-level tracking to help companies strengthen how they report and communicate VWB overtime.