The decks for banking systems’ flight to the next orbit cannot be clear unless all necessary safeguards have been validated by the regulators/supervisors. The latter have a key role in overseeing the banks’ transition to the next orbit for it has to ensure that the banking system smoothly settles into the next higher orbit without crash landing.
The report also notes that “global surface temperature will continue to increase until at least the mid-century under all emissions scenarios considered” (p. SPM-17, headline statement B.1). Return to text 3 Damage estimate uses events listed in years 2016 through 2020 in the National Oceanic and Atmospheric  Administration’s Billion-Dollar Weather and Climate Disasters database, available on the agency’s website at www.ncdc.noaa.gov/billions/events.