Slide 6  The final point on sustainable finance brings me the next topic: the role of the financial sector in the green transition. First, two important points: •  We cannot and should not expect the financial sector – and here I include the central banks – to solve the climate problem.
The tools to shift behaviour, demand and supply away from fossil fuel-based energy are fiscal and regulatory. •  However, the financial sector can support the transition by performing its role of intermediating capital and managing the associated risks. •  I will elaborate on this role in the next slides.