Welcome to the consultation for the Biological Diversity Protocol (BD Protocol). The BD Protocol is an output of the Biodiversity Disclosure Project (BDP), managed by the National Biodiversity and Business Network (NBBN) of South Africa and hosted by the Endangered Wildlife Trust (EWT). In close collaboration with a wide range of stakeholders, the BD Protocol aims to enable any organisation to identify, measure, manage and report on their impacts on biodiversity in a standardised, comparable, credible and unbiased manner. While the GHG Protocol Corporate Accounting and Reporting Standard (i.e. the GHG Protocol) was the benchmark standard for the vision and structure of the BD Protocol, the BD Protocol is aligned to the Natural Capital Protocol. It helps provide biodiversity-specific guidance to measuring changes in the state of natural capital (step 6 of the Natural Capital Protocol), by providing guidance on how to measure change(s) in biodiversity components impacted by business.
This consultation process is managed by the Endangered Wildlife Trust (EWT) and hosted by the Natural Capital Coalition through Collaborase. It will last for three months until August 15, 2019, after which all comments, questions and contributions will be collected, analysed and summarised in a stakeholder feedback report for public release. The BD Protocol will then be revised accordingly for official publication at a later date, prior the 2020 CoP of the Convention on Biological Diversity which will be hosted by China. As part of this consultation process, any commentator may request to be recognised as a co-author or contributor to the BD Protocol.
Once you have identified your company’s main biodiversity dependencies and impacts (Step 2 of the Biodiversity Mainstreaming Guidelines), the BD Protocol will help you measure and report on your company’s net biodiversity impacts (Step 3 of the Biodiversity Mainstreaming Guidelines). The BD Protocol will address all key biodiversity measurement issues, including:
- The definition of biodiversity for the purpose of this standard;
- Accounting boundaries, both spatial and temporal;
- Accounting principles and equations to measure net changes in biodiversity;
- How to interpret the results of a biodiversity impact assessment.
Biodiversity measurement is the process of determining the amount, condition and extent of the different components of biodiversity. The BD Protocol will provide a standardised methodology to enable the measurement of biodiversity impacts. Biodiversity measurement and valuation go hand in hand, with measurement being the first step towards valuation. It is the valuation of biodiversity that informs decision-making (see Steps 4 and 5 of the Biodiversity Mainstreaming Guidelines). You must first assess how much biodiversity you use and / or impact on before you can value its importance in a specific context.