It is vital we continue work to ensure that the expansion of promising new businesses do not face unnecessary barriers created by bottlenecks in financing. 4. Concluding remarks The financial regulation and market infrastructure reform agenda, initiated by G20 in the aftermath of the financial crisis has been a great achievement. We must not let regulatory ‘fatigue’ bring it to a premature end.
So, here’s the message I want to leave with you: our financial system proved to be resilient during the global financial crisis and has been a key shock absorber so far through the COVID-19 pandemic. We need to ensure the financial system is just as resilient in the face of climate change.