Commenting on the new initiative, Katie Leach, head of biodiversity at ShareAction, said:

“The launch of Nature Action 100 is testament to growing awareness among the financial community that it needs to step up action to protect the natural world.

"Investors have enormous potential to drive action to protect biodiversity through their stewardship of companies - collaborative engagement initiatives like these can be a very powerful way to catalyse progress at scale.

“A key theme of talks here in Montreal is a recognition that tackling biodiversity and climate should be seen as two sides of the same coin. If Nature Action 100 is to be successful, it’s crucial that it coordinates with climate initiatives like CA100+, sets ambitious targets and ensure it has a robust governance mechanism to deliver on commitments. We’ll be watching closely to see how the initiative develops.”