Despite the challenges, green finance has the potential to become an integral part of mainstream finance. During the transition, there will be many opportunities for investors and financial institutions to find innovative ways of filling the gaps in the existing financial structure. Some of you are probably already working on those opportunities.
Both outcomes are caused by weak demand, which should worry us equally in both cases. Both have inflation 2 percentage points lower than anticipated – which means that income and wealth are behaving differently to people's expectations. That is disruptive and is of equal concern in each case. In both cases, the outcome is, of course, cause for action to expand demand.