The world will change more in the next ten years than it has in the last century. Digitalization, new technologies, the climate crisis, biodiversity loss, geopolitical shifts and changed values will shape our future. The speed and extent of this transition will be driven by regulation, technology, consumption, and the availability of capital.
This environment has a wide range of implications for the financial system and poses new challenges for its actors. New concepts and perspectives are required to ensure that the financial system allocates capital to the right opportunities and can manage risks effectively. What they need first, however, is transparency. Transparency is essential as investors and companies need a common language so they can better understand one another.