needs ; c ) launching talent management to facilitate individual growth, succession and career development across the organization ; d ) creating business partnerships between hr and line departments to enable appropriate information sharing and nimble responses to issues as they arise ; e ) developing the necessary infrastructure and programmes to support an emotional intelligence strategy as a means of building trust, encouraging teamwork and promoting greater cooperation at all levels of the organization ; and f ) introducing feedback channels to evaluate progress in achieving our objectives, including compliance with the values that we establish for ourselves. bis central bankers ’ speeches we live in a world where labour is increasingly mobile, but the opportunity costs of training new employees can be high. we need therefore to consider what systems we can put in place to engender increased employee loyalty, productivity and efficiencies. it is clear that remuneration is not the sole criterion that motivates individuals to stay in an organisation or to produce at a high level. it is important to build a culture that encourages trust, respect and caring. while our hr departments cannot be the sole agents for this culture, they represent the barometer that helps us to gauge where our organisations are and how we can strengthen them. the concept of marketing yourself so that you remain relevant to your stakeholders is therefore crucial for us to achieve progress in this area. some may question how we can do this with all the other demands on our time. i believe that hr needs to embrace the use of technology to improve efficiency in its functions so that it can inter alia a ) reduce manual processes ; b ) store, manipulate and analyse employee data ; c ) develop on - line training ; and d ) enhance the timeliness of communication. i am of the view that the profile of hr within the barbadian setting is already on the rise and, i noted with interest, that earlier this week a new publication on best hr practices within the local economy was launched. such publications have the potential to establish benchmarks and i encourage you to continue to reach for the best. workshops such as this are useful in helping practitioners to broaden their toolkit in coping with the emerging challenges. i encourage you therefore to take advantage of the opportunities provided here to strengthen your capabilities. i wish to extend a special welcome to jeremy ashworth who will guide the workshop today. jeremy brings a wealth of experience to these discussions and, based on my limited interaction with him, i am sure that you will find him engaging and passionate about how to effect behavioural

special loans to ensure their timely completion, and have put in place structural policy tools to encourage active participation by commercial banks. meanwhile, we've also expanded support for bond issuance by private firms, including private housing developers, through credit enhancement facilities. we've also rolled out a carbon reduction tool to foster green development. operating on market principles, this tool supports financial institutions'lending to enterprises focusing on clean energy, emission reduction and carbon reduction. tapping this tool, financial institutions need to estimate and disclose the carbon cuts financed by such loans. this will help promote the mentality of green development, and the practice of carbon accounting and disclosure. by the end of september 2022, around $ 35 billion equivalent ( rmb240 billion ) worth of carbon reduction credit facility has been used, mobilized around $ 60 billion equivalent ( rmb400 billion ) worth of carbon reduction loans, and financed carbon cuts of more than 80 million tons. recently, we've included two foreign - funded banks to the list of financial institutions eligible for extending such loans. going forward, the people's bank of china will continue to take xi jinping thought on socialism with chinese characteristics as our guide and implement the guiding principles set forth by the 20th cpc national congress. we will continue to build a modern central banking system, implement sound monetary policy to serve the real economy, prevent financial risks and deepen financial reforms. we will also continue to support the financial street in developing into the national center of financial administration and in contributing even more to china's modernization. finally, i wish the forum a complete success. thank you! 3 / 3 bis - central bankers'speeches