Stocks (assets)
Flows (benefits)

Volume of soil water resources

Quality of environmental asset

Soil water resources extracted

Soil water resources extracted - monetary value

Units

Various

Example methods / guidance / references

What are tiers?

Tier 1

Estimate using own judgement and observations

Tier 2

Estimate using third-party professional estimates or public data

Tier 3

Model or measure based on site-specific surveys/sampling, remote or in-field sensing, laboratory analysis, etc.

Example data sources

Internal records

Third-party data sources

Site-specific measurements or model outputs

Notes

Work in progress - Feedback welcome

Last updated: 15th October 2024

Units

Volume, e.g. megalitres (ML)

Example methods / guidance / references

What are tiers?

Tier 1

Estimate using own judgement and observations

Tier 2

Estimate using third-party professional estimates or public data

Tier 3

Model or measure based on site-specific surveys/sampling, remote or in-field sensing, laboratory analysis, etc.

Example data sources

Internal records

Third-party data sources

Site-specific measurements or model outputs

Notes

Work in progress - Feedback welcome

Last updated: 15th October 2024

Units

Currency, e.g. A$

Example methods / guidance / references

What are tiers?

Tier 1

Multiply physical flow quantity by estimated monetary value per unit

Tier 2

Multiply physical flow quantity by estimated monetary value per unit

Tier 3

Multiply physical flow quantity by estimated monetary value per unit

Example data sources

Internal records

Third-party data sources

Site-specific measurements or model outputs

Notes

Work in progress - Feedback welcome

Last updated: 15th October 2024

Units

Volume, e.g. megalitres (ML)

Example methods / guidance / references

What are tiers?

Tier 1

Estimate using own judgement and observations

Tier 2

Estimate using third-party professional estimates or public data

Tier 3

Model or measure based on site-specific surveys/sampling, remote or in-field sensing, laboratory analysis, etc.

Example data sources

Internal records

Third-party data sources

Site-specific measurements or model outputs

Notes

“The concept of a stock of surface water is related to the quantity of water in a territory of reference measured at a specific point in time (usually the beginning or end of the accounting period). The stock level of a river is measured as the volume of the active riverbed determined on the basis of the geographical profile of the riverbed and the water level. This quantity is usually very small compared with the total stock of water resources and the annual flows of rivers.” (SEEA-CF, para. 5.483). The same principles apply to groundwater and soil water. The main additions to the stock of water resources come from returns (the opposite of abstraction), precipitation, and inflows. The main reductions in the stock of water resources come from abstraction, evaporation/evapotranspiration and outflows.

Last updated: 9th October 2024