Thank you very much, Mr. Chair.
Thank you to the witnesses for being here today.
I think our topic is sustainable finance. These are things that have not yet been implemented. We're working on the guidelines, the taxonomy and the disclosure requirements. I don't think they've had any impact on what the commissioner's report has said, but we're hoping that they will have a positive impact going forward and help to meet those targets.
We've frequently heard that putting in a taxonomy or disclosure requirements will not reduce emissions one bit. How do you respond to that? How will these taxonomies or these disclosure requirements help us meet our targets? We know that directly they don't—I mean, this is not the real economy—but how will they help us meet our targets?
Perhaps you could start, Mr. Barbe, and then we could go to Ms. Wrye or Mr. Lee-Sing.