We have a climate emergency, and today, with the passing of this legislation, New Zealand is on track to become the first country in the world to implement law requiring our financial sector to explain how it will manage risks and opportunities into the future. This is a landmark day. The financial sector will be required to supply clear, consistent, and comparable information, which will help with the efficient allocation of capital and markets, and over time we will see that this will have an impact on climate risk and opportunity. We will see investment patterns change for the betterment of our climate.