Distinguished Guests Ladies and Gentlemen, 1. Good morning and welcome to the second edition of the Financing Asia’s Transition (FAST) Conference 2024. 2. Each year, MAS, together with Temasek and BlackRock, seeks to convene key financial, industry and thought leaders in sustainability to focus on Asia. The Asia-Pacific region accounts for half of global emissions, and even excluding China, it accounts for 19% of emissions [1] . This share will grow in the coming years. It will be in Asia where global actions in climate mitigation will ultimately succeed or fail. More Collective Action Needed Amidst Challenges 3.