(Friday 1st November) Commenting on the final day of COP16 in Colombia, Alexandra Pinzon, Head of Biodiversity at ShareAction, said: "This COP was about how to put into practice the ambitious goals of the Kunming-Montreal Global Biodiversity Framework. It was encouraging to see the momentum behind tough questions, such as how to tackle a much-needed reform of international financial architecture in order to improve impacts on nature.
"Biodiversity is gaining importance as a stewardship theme among financial institutions but overall the investment community has not moved fast enough in the past two years to significantly reduce its impacts.
"With just six years left to meet global goals to protect nature, we need to see a step-up in ambition and action from finance leaders, to ensure they are effectively supporting the companies they own and finance to protect our vital ecosystems."