Fantastic. Maybe we can start with you, because I know you've been sitting there for a little while.
In 2015, a third of DFIs in the developing world went to the BRICS countries: Brazil, Russia, India, China, and South Africa. In contrast, the least developed countries captured only 5% of country DFI. I want to compare this to the OECD figures, which indicate that the percentage of DFI financing going to LDCs between 2008 and 2013 ranged from approximately 11% to 27% in any given year.
Is this a reasonable level of DFI investment in LDCs, or could more be done to encourage investment in the countries where the need and impact may be greatest? What are the obstacles? Should we be setting a dedicated figure—a target figure? Or will the market take care of this?