Our work on the green finance team focuses on policies, institutions and instruments to help accelerate investments towards a low-carbon economy. Governments are all faced with this enormous challenge to speed up the transition to a low-carbon economy. We feel that sharing best practices with all of our member countries and other partner countries is a good way to help inform domestic policy-making to choose the specific approaches that will work best, in this case for Canada.
We try to provide that best practice and also go into new areas such as transition finance, where there's an important gap. In this case, if high-emitting sectors do not rapidly secure financing to take ambitious action, then we're likely to continue with inadequate emission reductions to meet our climate goals.