 Ladies and gentlemen, it is a great pleasure to join you virtually today. I am delighted that so many of you have come together in Bengaluru. I would like to congratulate the Centre for Financial Inclusion for convening the Responsible Finance Forum in person again. This is indeed a good time to take stock of pressing financial inclusion issues and explore emerging opportunities and risks. Overall, we are at a critical juncture. As we know, the use of digital financial services is accelerating. In just the last four years, nearly 40% of adults in developing economies opened their first account to receive a wage or government payment. And the benefits ripple from households to entire economies. In my capacity as UN Secretary General's Special Advocate, I witness these benefits firsthand. When a family has savings and insurance, they are better able to cope with a financial shock. With small businesses have access to credit and the resources to invest, a country can build a greener economy. For underserved groups like the poor, women, small-holder farmers and small businesses, as to digital financial services can truly open doors to economic opportunity, build resilience and improve financial health. At the same time, digital innovations like AI are creating new risks for consumers. Consider for example, a small-holder farmer who applies for a loan. They have a mobile phone, but their internet connection is unreliable. And they are often not very digitally savvy. Meanwhile, the financial services provider uses algorithms to make credit decisions. These algorithms may interpret the farmer's small contact lists and lack of social media accounts as a sign that they are not reliable and do not have a strong support network. In fact, the opposite could be true. The farmer may be a leader in the community with a robust network of family and friends. They may simply prefer to communicate in person and not use social media. This is just one example of how financial services driven by AI can exclude more than include. How can we tackle these new risks and create an inclusive, fair and equitable digital economy that really works for everyone? One way is by developing principles for responsible AI for financial services. We also need algorithm audit tools as well as ombudsmen who can assess algorithms on behalf of customers. It will be critical to work together on this. Another way is by empowering customers and SMEs with their own data. This means making it transparent and involving them in how it is collected, shared and used. Open data governance regimes like those in Brazil, the UK and here in India have the potential to achieve these goals. By implementing them early on, we can support the growth of innovative companies, foster competition and create products that truly prioritize customer needs. Although it is too early to tell the full range of benefits to low income and vulnerable people, we can start by measuring this. Creating peer learning platforms to share and exchange knowledge will be valuable. I am heartened that you will be examining the links between financial inclusion and climate action this week. When we consider that 4 out of 5 unbanked adults, therefore 1 billion people, live in countries most vulnerable to climate change, the power of financial inclusion really becomes very clear. With a digital payment account, they could receive disbursements for social programs after a natural disaster. They could also use this money to buy food, medicine and other essentials. An insurance payment could help them rebuild their home and protect their livelihoods. Alone, could help them keep their business open. Access to finance is one of the keys to managing the impacts of climate change in emerging markets. It should be front and centre in climate policy, bringing together both the public and private sector to support increased resilience in the face of rising climate risks. Fortunately, these partners and leading thinkers are attending this week's forum. Over the next few days, you will be able to discuss these important issues and explore fair and equitable solutions together. I wish you all the best in your efforts to create a more responsible and inclusive digital financial system. Thank you very much.