strike in balancing family and career, reflecting on what would have been helpful for me then, and considering what can make a meaningful difference for the professionals in our sector today. 15. firstly, in encouraging a broadening of horizons via overseas postings. over the years, business leaders have consistently given feedback that our promising finance sector professionals lack regional and international experience and that singaporeans, in particular, display greater resistance in taking on such assignments. in an international financial centre like singapore, the exposure gleaned in this part of the learning journey is extremely useful and important for progression to the higher rungs of the corporate ladder. this is because overseas exposure provides the breadth of perspectives expected of global and regional management roles. this dilemma unfortunately affects women to a greater extent, as many have chosen to or may have felt the need to turn down these opportunities due to family commitments, spouses ’ careers, or children ’ s education needs. how can we encourage more to embrace these opportunities, and better balance competing priorities? 16. it is never an easy decision – and that is where a support network such as fwa is valued. i do not know the percentages, but i would hazard a guess that many of you have had overseas stints, be in in the region or beyond. and for those who have, i am sure that it has been a rewarding and enriching experience. i myself had the wonderful opportunity to work in mas ’ nyo for about 4 years, and today, i strongly urge my young colleagues to consider a posting overseas. 17. in your own capacities, you can contribute significantly to mentoring and advising professionals in the financial sector, sharing with them your own personal experiences of how you have overcome challenges, and flourished from such opportunities. overseas postings need not be a daunting and alienating choice. it can be an enriching opportunity, not just for the professional, but his / her loved ones and family. 18. another area where i see tremendous opportunity for fwa is in helping women in the financial sector better balance between career and family. it is not uncommon for women to take time off after having a baby, especially in the early childhood years. increasingly, we have to also take longer periods of time off for caring of aged parents. re - assimilation into the workforce will be an increasing challenge, given the fast evolving pace of the industry and the winds of change brought on by technology. 19. mas, together with ntuc, abs,

ravi menon : singapore - catalysing climate solutions of the cop28 singapore pavilion speech by mr ravi menon, managing director of the monetary authority of singapore, at the launch of cop28 singapore pavilion, singapore, 30 november 2023. * * * ambassador kamal vaswani, ladies and gentlemen, good morning. welcome to the launch of the singapore pavilion at cop28 in dubai. every cop is more important than the previous one, simply because with each passing year the world is running out of time. according to the latest ipcc report, the world needs to reduce greenhouse gas emissions by 43 % by 2030, compared to 2019 levels, this is what is necessary to keep temperatures from rising above the 1. 5 degrees celsius threshold. but greenhouse gas emissions are still rising not falling. average global temperatures are already 1. 1 degrees celsius above pre - industrial levels. the negotiations that take place at cop to foster new climate commitments are thus critically important. but it is out here – in pavilions like these - where commitments are turned into action, where individual contributions coalesce into collective impact. the singapore pavilion aims to serve as a platform for such collective action to catalyse climate solutions. later today, singapore will co - host with bain & co the inaugural climate leaders'assembly. we have convened leaders from the private and people sectors to brainstorm ideas and develop initiatives. singapore is committed to achieving net zero emissions by 2050. but our contribution to climate action is not just to remove the 0. 1 % of global greenhouse gas emissions that we account for. more importantly, it is to collaborate with partners from around the world to galvanise resources and incubate and scale solutions for climate action. and singapore is well placed to do this. as an aviation and maritime hub, singapore can play a role in developing the infrastructure and networks for promoting cleaner fuels and decarbonisation. as an international financial centre, singapore can help to mobilise the financing necessary to support asia's transition towards a low - carbon future. as an urban metropolis, singapore can be a test bed for innovative solutions ranging from measures to reduce urban heat to fortifying defences against rising sea levels. the pavilion's programme will span these three big themes : decarbonisation, finance, and resilience. 1 / 4 bis - central bankers'speeches let me start with decarbonisation. as a major air and sea transportation hub, singapore can play a key