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The fund raising outlook for impact investing strategies remains strong despite recent challenging months. Managers in Asia can play a meaningful role in creating impact 14.  and capitalise on this opportunity. For example: Impact Investment Exchange, a Singapore-based enterprise whose platforms connect impact investors with underserved communities, issued its second Women’s Livelihood Bond in January this year. The $ million social bond is listed on the Singapore Exchange and a third bond is being planned as part of the $ million series. BlackRock recently launched an actively managed impact fund to invest in firms addressing global challenges like COVID-19 and advancing the UN SDGs. Conclusion 15. In conclusion, the pandemic has raised the importance of the climate and sustainability agenda, and I encourage the financial sector to not lose sight of these issues even as countries and corporates rebuild. This virtual conference, bringing together over 5,000 participants from 80 markets, is timely for us to continue sharing insights and experiences as we work together to address global challenges. I hope that you will form new partnerships and deepen existing ones 3/4  BIS central bankers' speeches  through this virtual conference. I wish you a very fruitful week ahead. Thank you.