GRI has a valuable role to play in bringing together financial services—banks, insurers and asset managers—to identify the most critical data gaps, pool climate-change research and build risk capacity. Conclusion It’s time for me to conclude.
I fully endorse the view of the learned authors of the report that large incumbent companies in developing countries can stifle entrepreneurial energy and initiative but a dynamic financial sector, in which new entrants and incumbents can get finance under competitive terms, can create competitive pressures in the market. This is exactly what Pakistan is trying to do.