The "Activity Report II and Intermediate Impact Assessment" reviews and updates the "Plan for Exploitation & Dissemination of the Project Results" (also known as PEDR, D5.1), which was delivered in M6. It comes after the fi rst update, titled "Activity Report I and Intermediate Impact Assessment" (D5.2) that was published in M18.The report tracks the activities carried out, checks their effectiveness in relation to the project's objectives, and ensures that the planned actions are responsive to new opportunities and potential challenges that may have arisen. The revised plan includes updates on activities that have already been carried out, provides more detailed information about upcoming activities, and offers a preliminary evaluation of their impact. Like the previous documents, this second Activity Report also defi nes channels, tools, and methodologies for action, considering the needs of and differences among the diverse target groups. The evaluation of the fi rst 30 months of the project is quite positive. Outreach efforts have effectively augmented the consortium's endeavour to interlink substantial knowledge networks, promote interdisciplinary knowledge exchange, and advance a shared platform for pioneering nature-based insurance and investment strategies. Notably, events have played a crucial role in disseminating information about the project's initiatives, capitalizing on its results, and cultivating a broader community. By organizing and participating in a diverse array of events—including festivals, webinars, technical workshops, and international conferences—the NATURANCE consortium has successfully engaged with a signifi cant portion of its target audience. The positive trajectory of the project is evidenced by a comparison of the actual progress with predefi ned Key Performance Indicators (KPIs) for Work Package 5 (WP5). More than half of the KPIs, such as website views, event attendance, and the dissemination of video interviews and webinars, were already completely met. Even though most of those are expected to be delivered after the M30, some activities have already taken place. The progression of other activities is on track, consistent with the expectations for Month 30. In summation, even though a few planned activities are still in the initial stages of development, the outcomes to date are promising. They lay a solid foundation for the comprehensive execution of the planned activities.