 Well, hello everybody, nice to meet you all. As Xiao Ting said, I run F3 Life which provides tools to traditional and non-traditional credit providers to help them incorporate requirements for climate smart agriculture into loan terms and a system that allows those credit providers to verify visually that those measures have been complied with. And just by way of introduction, I co-founded this company together with a Kenyan colleague, Obudai Ngigi. It came out of our experiences negotiating payments for ecosystem services contracts in East Africa where there was two key realizations. The first was that when smallholder farmers are under contract for provision of ecosystem services or implementing measures that improve delivery of ecosystem services, they are very responsive to those contracts. Secondly, the transaction costs involved with, I guess, bespoke payments for ecosystem services projects often overwhelm the theoretical good that they do. And really, after the experience of those payments for ecosystem service contracts, we were looking for something that was highly replicable and highly scalable. And this solution that we arrived at in F3 Life was where we arrived at. Which is the system that we provide. Critical to just point out that F3 Life does not provide credit itself. It works with third-party providers of credit to smallholder farmers. And under step one of our methodology, when a farmer signs a loan agreement, they also sign an agreement stating how they will manage their land in a climate smart or environmentally friendly manner. And that can include the planting of trees. Under step two, the farmer repays their loan and also implements the practices that were required under their loan agreement and their land management agreement. So this is where you see farmers begin to respond to the environmental conditionality of their loan terms. Under step three, our systems are used to verify that those practices have been implemented. We use a sort of geotagged smart photograph approach and they're currently augmenting that with the ability to use drone and satellite imagery to undertake those verifications as well where appropriate. Under step four, the information that we collect is then scored and then passed back to the financial institution for inclusion within their credit scoring algorithm or credit score card. And that then affects the farmer's ability to raise debt in the future. And so what the system sort of creates ultimately is a sort of strong incentive for farmers to transition to more towards more environmentally friendly practice, more environmentally friendly or climate smart practices. Just to sort of point out that what the system also does is it attempts to de-risk from a lender's perspective farming activities such that farmers are more resilient in the event of sort of climate or weather or environmental shock. It increases the view of the information that the lender has around the farmer and around their farming skill in terms of mitigating that risk. And that's really what our value proposition is. To local lenders, to the users of our system, we're saying use the system to both reduce your credit default risk and also to increase your client's credit, debt service coverage ratio, which means that their ability to raise debt. But there are several other sort of stakeholders in this who we have to sort of, whose incentives we have to align and that includes funders. And very specifically, what the afterlife system does is create for them an investment proposition with defined financial and environmental returns. We frequently hear the complaints that there's lots of money but there aren't projects. Well, we think that this gets around that by creating sort of, I guess sort of investable sort of propositions buckets for money to be placed within, which is sort of replicable or highly replicable. And then finally the sort of the value proposition for the farmer is using these practices to reduce your vulnerability to environmental weather shock and then also hopefully to boost yields. So that's probably what the afterlife system is and what we're seeking to achieve and how we attempt to subtract users to the system. We were asked to provide you briefly with a theory of change that I guess informs us of business approach and sort of goes a little bit deeper than just sort of the value proposition that I was explaining. Simply put, we understand that environmental degradation is driven largely by economic activity and that economic activity is again largely underpinned by systems of credit which are blind to natural resource overuse. And what we mean by that is that when a farmer takes a credit, they're obviously compelled to repay the credit with financial interest with little sort of concern given to how that financial interest is repaid and the effect on the environment of that. So what we see effectively is that it's a systematic problem or a systemic problem whereby environmental degradation is sort of baked into the credit and money system. And in response to that what we're providing is a system which allows I guess sort of the negative externalities associated with credit issue to be overcome and to pair financial interest with environmental interest in loan terms. And what we see is that this creates sort of a financially sustainable incentive for environmental restoration. In terms of results, we started with a very limited pilot in 2013-2014 which ended in 2015 with 75 farmers, smaller farmers in Kenya, whereby they were issued with credits with environmental conditions attached. And over the course of sort of many loan cycles, they repaid loans and progressively built out soil and water conservation systems on their land. Systems designed to reduce soil erosion on their land, soil erosion in their area being associated with increased rainfall, increased heavy episodic rainfall on the climate change projections. In May 2016, we won the Global Innovation Lab for Climate Change Finance which threw us into a I guess a sort of a cooperation with a number of the members of the lab which includes big donors, big development banks and some investment banks and funds. And together with those, we are slowly now developing three country pilots, Ghana Rwanda and probably Kenya, for 45,000 farmers to receive the agricultural credit that they would have received anyway as either working capital loans or input credits with environmental conditions attached. Key barriers and risks, financial institutions move at a very slow pace and yeah that's often difficult to sort of to manage as a small institution or small business with limited runway essentially. Those financial institutions often have a love-hate relationship with funding agriculture and probably forestry as well anyway. Often their stakeholders are sort of putting pressure on them to fund agriculture but the difficult is inherent in that sector and they often don't want to do it. And that is only exacerbated by I guess the solution that we're providing, the challenge that our solution to address is which is that there are growing concerns about the effect of climate change on the credit worthiness of farmers. Some key lessons learned and this slide just sort of presents what we thought would happen sort of coming into this space and then what has actually happened. We thought there would be large amounts of funding for innovation and in reality there wasn't but that is very, very constrained. There is a lot of growth stage capital. Social impact investors who we thought would be interested in this space have only really begun to turn their eyes to climate and environmental issues and in any event don't really provide innovation capital. They provide growth stage capital. They want to provide funds to organizations that are already showing or that are already revenue positive. The third thing that we thought would happen is that we could raise funds from our original base in Kenya and despite the sort of the heavy, the high number of financing institutions there, we struggled a bit because we felt that sort of resort allocation decisions or funding decisions were being made elsewhere and what happened eventually was that we self-funded limited pilots and through that sort of initial proof of concept we won a few prizes, very limited sums, $35,000 in total from Morgan Stanley and Swiss Re, but that was kind of necessary to allow us to conclude our pilots. At that point the fundraising process was so arduous that we sort of nearly gave up and we didn't think the funds were out there, but then we won one of four spots within the Global Innovation Lab for Climate Finance which then pushed us into I guess the orbit of other funders and large banks who were kind of looking for these types of I guess sort of as I mentioned earlier defined financial and environmental investment propositions and some sort of promise in what we were doing in that respect. That is the final slide. Thank you very much.