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Günther Thallinger, Board Member of Allianz SE and Chair of the UN-convened Net-Zero Asset Owner Alliance, stated: "The sharp rise in energy prices is putting enormous stress on households and the business sector. Continued government support and relief is needed to bridge these difficult times. Yet, in addition to better managing the near term, we also need to better position ourselves to avoid this happening again in the future. Accelerating the shift to net zero is essential in this regard. Structural change will need policy incentive, such as carbon pricing. These take time to implement and should not be delayed. This report sets out five design principles for the challenging times that we live in."

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