As COP16 nears, the expectations for financial institutions to step up their efforts are higher than ever. The need for established frameworks, clear direction from governments, and the mobilisation of private finance are central to the discussions. COP16 presents an opportunity to refine the role of financial institutions in the global biodiversity agenda, ensuring that private finance is not only aligned with but actively driving the conservation efforts needed to address the biodiversity crisis. This blog explores what financial institutions need to know before the UN Biodiversity (COP16).