Thank you for the question.
I think it's important to consider the role of the banks in the overall ecosystem. In my opening remarks, I talked about partnering with our clients to be their partner in the net-zero transition. That means that our clients drive the decisions that work for their businesses, and we work to structure financial solutions around them. That's relevant to the taxonomy, because having a common language, i.e., a taxonomy, is generally useful as we look to couple the work we do with our clients with sourcing international capital.
It's been referenced in this meeting how much capital is going to be needed for the transition itself, and attracting international capital is made easier with a common taxonomy. It's not to say that without it we don't invest in the transition. We are, as we've demonstrated in our comments today, but to me, the value of the taxonomy is in the common language that we would all have internationally.