The most notable of these is the Paris Climate Agreement, which entered into force last November. I will briefly mention the unfortunate recent development in that respect later on, but today I’d like to concentrate on what this action on climate change might look like. I’d also like to offer some observations on the importance of managing climate-related risks for you as financial institutions.
And lastly I want to provide you with an insight into the business opportunities that are available to you. And as the right rules and incentives are introduced, these opportunities will only become ever more numerous and attractive.