1 See www.overshootday.org/newsroom/press-release-july-2018-english 2 According to the United Nations Conference on Trade and Development (UNCTAD), the achievement of  sustainable development goals will cost between 5 and 7 trillion US dollars per annum.
Now, again you might say this is not new. Regulation and supervision have always followed the changing structure of finance. In the 1980s, regulators responded to the internationalisation of banking by forging an international agreement on minimum  2/4  BIS - Central bankers' speeches  capital requirements: the Basel Accords.