Resilience is key, especially during these uncertain and challenging times, which combine heightened inflation and increased debt levels, market volatility and high energy prices due to the war in Ukraine, as well as intensifying climate related risks. In this demanding environment, we need to encourage financial markets to flourish and support our economies in a way that fosters economic integration and strong cooperation.
The COVID-19 pandemic has radically transformed our lives in a number of different ways. Direct personal contacts have been partly replaced by online events. Most meetings around the world are now organized via multiple IT applications. This has allowed many of us to keep working in safety. It has also reduced both travelling cost and carbon emissions.