The government should play an important role in setting up clear principles and guidelines on corporate governance by drawing upon the international and historical experiences as well as taking into account China’s current specific situation. Third, the operations and policies of asset management companies need to be improved.
In Mexico, at the Committee of Sustainable Finance (CFS), we decided in the first half of 2022 to use four scenarios from the NGFS. The Committee also approved a fifth asymmetric non-NGFS climate scenario. These analyses will allow authorities and financial and non-financial companies to know the challenges and opportunities associated with different transition paths.