But as our Chair, Ravi Menon, highlighted this morning, the NGFS should and can use its convening power to help find the right answers. And that is exactly what we did today. We pooled expertise by convening experts from different fields and from all parts of the world to discuss the role blended finance can play.
We heard about the challenges that remain in scaling up blended finance, but also about very concrete examples we can learn from going forward. Allow me just one overarching comment: We also talked a lot about reducing the risks of transition projects through blended finance. On that, I do want to highlight that, of course, these risks, will not just disappear.