Thank you.
Mr. Chenet, you talked a bit about how the financial system really hasn't been considering those externalities and hasn't been considering the devastating impact that the climate crisis is having on our society and on markets more generally, and will have in the future.
We've seen many financial institutions in Canada turn away from their net-zero commitments. Can you speak a little bit about why this has happened and how, in jurisdictions with stronger financial regulations in this area, financial institutions might or might not have been able to meet climate targets?