Clearly, the mere opening of more and more accounts is not going to achieve the inclusion objective if these accounts are not used as the platform to access a range of financial services that meet the various requirements that the household is trying to satisfy.
An increase in the frequency of severe weather events has implications for macroeconomic outcomes, asset prices, house prices, credit risks and the cost and coverage of insurance contracts. In addition, the necessary transition to a low-carbon economy (supported by a phased schedule of increasing carbon taxes) requires considerable investment by households, firms and the government.