The financial services sector is absolutely critical for enabling us to reach the targets set by the Paris Agreement. The simple truth is that money talks, and when FIs cease to fund or insure polluting businesses, major changes can be achieved. There’s widespread adoption and acceptance of TCFD recommendations among FIs and therefore it’s critical that the recommendations are regularly updated to reflect the dire climate situation we’re facing and the latest science. The upcoming guidance is a great leap forward, both in terms of clarity and ambition level, but fact of the matter is that they could’ve been even more ambitious.