3 Macroeconomic impacts of climate change When it comes to the macroeconomic impacts of climate change, again the NGFS has the ability to use its convening power and analytical excellence to contribute to a  1/3  BIS - Central bankers' speeches  common understanding. The IPCC is the authority on analysing future climate developments.
Finally, you would appreciate that, by and large, we in RBI try to be aware of what is desirable and we are implementing whatever is feasible. Before concluding, I must mention that the tasks ahead of you listed by the IBA are appropriate, complex, and urgent. These are broadly divided into four areas viz. human resources management, technology, structure of banking, and sound banking.