Though creating opportunities for workers to retrain is always important, it is especially critical now, when the high rate of long-term unemployment threatens the longer-term employability and productivity of many. Providing economic opportunity and rising living standards for as many people as possible is, of course, the fundamental rationale for continued economic development.
A commitment, within the remit of our mandate and alongside central banks around the world, to act as a catalyst in the financial system, to accelerate the transition to an environment-friendly, carbonneutral economy and to enhance, through adaptation, society’s resilience to climate change risks. I hope we have an insightful and fruitful event. Thank you.