Align– Aligning accounting approaches for nature – is a three year project funded by the European Commission, and led by WCMC Europe, Capitals Coalition, Arcadis, ICF and UNEP-WCMC
Align focuses its efforts on the space where experimentation has occurred, many different methodologies have evolved, and a business need has been expressed.
The aim is to develop a generally accepted set of methods, indicators and criteria for corporate biodiversity measurement tools and approaches, sector specific guidance for site based, value chain and finance sector companies and a standardised approach to measure corporate impacts and dependencies on biodiversity.
Align will do so by building on the existing work of the consortium members (EU B@B Platform; Aligning Biodiversity Measures for Business collaboration; TRANSPARENT project) and other initiatives to maximise synergies with complementary work. The strength of the project will be seen by the benefits provided from intensive business engagement.
Align will work to develop guidance that is sector specific, with the end goal of providing businesses and financial institutions a standardised approach on biodiversity inclusive natural capital management accounting practices that is supported by a broad range of stakeholders.
The geographic focus is the EU, but it will link to global business and policy initiatives to ensure the project impact extends globally and positions EU businesses at the forefront of biodiversity policy implementation.
Align is a business-focused and business-driven project. Therefore, we invite businesses and other stakeholders in the field of natural capital accounting and corporate biodiversity measurement, valuation and disclosure to engage in this project. Businesses and other stakeholders can choose various levels of engagement. You can engage as an active practitioner within a smaller community, or you can follow our activities as a member of the broader community
In addition to the aforementioned Align partners, the following contractor organizations also support the project: CDC Biodiversité, CREM, Ecoacsa, eftec, globalbalance, PRé and The Biodiversity Footprint Company.
The Align project was officially launched with a webinar on Wednesday, 10 March 2021, from 5.00-6.00 pm CET. If you would like to join the Community of Interest or request to join the Community of Practice, please register your interest.
To find out more about the different opportunities for engagement and the project’s objectives, download the information flyer (English and Spanish).
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