SUSTAINABILITY

CircHive is a five-year, €11.5 million project with 15 research and 10 case-study partners. The project will develop rigorous and standardised methods for combining two approaches to valuing nature: biodiversity footprinting and natural capital accounting. These two approaches are being used by an increasing number of organisations to understand and value the nature that underpins their operations. By combining these methods, the project will provide a more comprehensive approach to valuing nature and improving biodiversity performance.

CircHive will work closely with businesses and cities to develop the BEEHive (Biodiversity Excellence of Enterprises), a new community open to any organisation interested in learning how to measure and manage their impact on nature. Members of BEEHive will collaborate in the development and testing of CircHive’s outputs and will receive support in developing sustainable management practices.

CircHive aims to clearly demonstrate the benefits of valuing nature and help to mainstream the use of biodiversity footprinting and natural capital accounting. To achieve this, the project will organise events, publish training material, prepare policy briefs and work on the standardisation of the biodiversity footprint method. Interested public and private sector actors are invited to join the co-creation in the respective BeeHive Hubs.