The principal allies of Canada that have been moving forward with transition plan regulation include the United Kingdom, Australia and the European Union. They have regulated this in the EU through what's known as the corporate sustainability due diligence directive, in the U.K. through a landmark initiative called the transition plan task force and in Australia through a comprehensive sustainable finance road map.
All of these have started with very traditional financial regulation policies by requiring transition plans in disclosure. The new government in the United Kingdom has committed to requiring alignment with 1.5°C from those transition plans, so it's saying that you not only must have one but also need to have a credible one for climate action. That is recognized as the gold standard, the benchmark, of transition planning globally. Standard setters, globally, the ISSB, as it's known, has picked up that U.K. progress for transition plans, and it's only proliferating globally. It is happening through traditional financial policy mechanisms and being continuously strengthened, globally, even though Canada has not yet started and certainly should.