So, the question becomes not whether we should focus efforts on climate change, but how and what should we focus on. I believe we have a role in both mitigating the risks from the effects of climate change and taking actions that reduce these effects. Boards and executives need to meaningfully act now to understand and address the challenges associated with climate change.
3  The experience with the Basel Committee  Now let’s consider how the Basel Committee, with strong input from the FSI, measures up on my nominated criteria for ideal small country engagement. 3.1 Consideration of small countries in rules making and enforcement First, how well does the BCBS consider small country issues when making and enforcing rules?