LAUSR

Understanding how biodiversity is changing over space and time is crucial for well‐informed decisions that help retain Earth's biological heritage over the long term. Tracking changes in biodiversity through ecosystem accounting provides this important information in a systematic way and readily enables linking to other relevant environmental and economic data to provide an integrated perspective. We derived biodiversity accounts for the Murray–Darling Basin, Australia's largest catchment. We assessed biodiversity change from 2010 to 2015 for all vascular plants, all waterbirds, and 10 focal species. We applied a scalable habitat‐based assessment approach that combined expected patterns in the distribution of biodiversity from spatial biodiversity models with a time series of spatially complete data on habitat condition derived from remote sensing. Changes in biodiversity from 2010 to 2015 varied across regions and biodiversity features. For the entire Murray–Darling Basin, the expected persistence of vascular plants increased slightly from 2010 to 2015 (from 86.8% to 87.1%), mean species richness of waterbirds decreased slightly (from 12.5 to 12.3 species), whereas for the focal species the estimated area of habitat increased for 8 species and decreased for 1 species. Regions in the north of the Murray–Darling Basin generally had decreases in biodiversity from 2010 to 2015, whereas in the south biodiversity was stable or increased. Our results demonstrate the benefits of habitat‐based biodiversity assessments in providing fully scalable biodiversity accounts across different biodiversity features, consistent with the United Nations System of Environmental Economic Accounting – Ecosystem Accounting (SEEA EA) framework.