Foreign direct investments or (FDI) for the first eleven months of 2019 reached $ billion, inching closer to the full-year projection of $ billion. We expect FDI to continue to slowdown due to mounting uncertainties in the global environment which continue to dampen investor sentiment, both externally and domestically.
Physical and transition risks from climate change and environmental degradation are already materialising all around us. Today I will update you on the recent progress on both the international agenda and the ECB’s own supervisory agenda on climate-related and environmental risks, or C&E risks for short.