The community affairs function develops programs, partnerships, and initiatives that bring consumers into the financial and economic mainstream and that assist financial institutions in identifying viable opportunities in markets that may be underserved. The CAOs also engage in research to help improve understanding of how financial services policies and practices affect lower-income households and neighborhoods.
But most importantly, I have in mind the possibly stagflationary effects of climate change – we may have on hand both rising price levels and slowdown in economic activity. 2/4  BIS central bankers' speeches  Ladies and gentlemen, Mauritius has, despite its limited energy and financial resources, embarked on an ambitious path to reduce its carbon footprint.