As a central bank, we also have a responsibility to promote sustainable economic growth which includes transition to a low-carbon economy. Banks can play an essential role in financing the transition to a low-carbon economy by channelising finance to sustainable and green projects as well as by developing new financial products that incentivise green initiatives.
Our actions will set the course  not only for the future of the planet but also determine the kind of environment which we bequeath our future generations. For a regulator in a developing country, given the high rate of technology adoption, keeping pace with market innovations is always a challenge.