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lvaLIi42zawFvSMGsbwozJdzX9V1SXIFtiZNgBDVpWRel3gLH8Km5Oo9g7Mmv\/pY87Fqlwwnb53gai\/hYaLuBoIrV6iBYKrBoEz5UujZ+rlHUR8eJxVo2jV30dl+ivQV\/FaVsKsA+1gEsoRz83SdZwpHG9Q12kL+ypuuiwy\/OHZ4PDcVOtzbD2L0FtuCP7xDQ2qUOVTba5wlla\/LferbhEHhEsS4sceHfvqPCnk28GODRmza+c1wlM2ghm9i2pu8hVdx47qSdUX2ldCGYLoC5VzfqY4DuByEXjCkOLYkDqS+AuRAg0IXyKToS8aX5jqbLx5gKZ2TCRaBJeXXq9Djzk7A99k3Irc55lfJcqxLYVMYkGvr\/Hw12c2uZDcHq4kW46PbkEnKudnkdjmC3+SrQGBbXmS6iydrdA2rdELDKu2nSDK+3hS3zIqqSm3T\/ocGxBxDYq5rQMx4mKaJvWmZsWI\/uTTb3U7XQXFFeT2yU046c8HUzJVVOoc\/urOZRVXHeXsn8cGd2ufNG2iPfHdAkpjtCPzh3G0P36+mZ5XLS4SNs56kTpSY4uuDg+ABufLujPKupLw3o7wnlj\/OKe9LygfrqdVZt8fVWTKpnbIiqpaUfSnY6VTL+cqVDhSOK2KZ6xg6yBSFSjQCvk1F7nHIFQVMD7AeLpPNDP6eRUwThIjg2sYwPJ8JmN4yQXmjkWjXR5mZzcSy\/mujaT8pNGcW5Mvd+sZGyZLgW\/N4Gs8gUtaoda9kiLuvNuXlBOs82a9aEKOEG+hBc1MUMteKzjHYDDllqeSYfdyW5G7ZPJ\/sxP2ryaZJQm+5bOkMPPtUUs+Z9Y2XEVS7N6J3Lw6iHSKBXdGue+dW\/afeojN7J9uk3JEh3mX5nO1yy\/2R2UTVt0wM7oos68LE1QU5ZN+C2+H\/2Q5ng+tLcyrmh5lDQfqcS5w8ehdyjz58\/zQELI4jhsvu0MsbLWJk3QiotGWEr2ASUOlOqKmGvfvG3a23PrkqFmPpdvixhd28UuBRP37\/LuOK3c+uWA+axWJl2Z\/UGBES0WVR3N1wJpShed0iChyBSLtHdecibz+RwwWixkYzjeBOLI\/0YhrD8g51oWSdD3NjL\/mLH+bRg2PJ2dfvF3bt9zrt3DtOx90PO4N1+znnm6I\/n3C86Wr65NPNsJN3PtxmdvhuZ5uu3jlHm+N\/1o75xAMGJwQ32aCfVFeHND8c01v3PseAqi7T7KHbT2qDiPkZqk2\/2cu1cy7sH53YTfzguXMW7B9dz99uQffb2z+6WQhir\/vt7x+DdJfAsPsd7B9BlKRZRH4fnf2jF7uJk3a\/3f1jmPie63S\/PfR9ANyO\/tHfP0J7u\/X674P9Y5bF7haS3wmit4u2sGtf4u4f012wc7v6E2\/\/6Ox2EKdwQr\/9\/WOyi1BgDfkd7B\/TIHCirv4k3D\/u7CiAO\/I7tu39oxu7sQv7B2hEMh8Gbv8ADQmIQJR0Dxx7\/xhsPdvP+gfO\/tGP\/Xgb9Q\/c\/aMHthnoibr2\/nGX+CMN19k\/Rl4QgbR\/4O4ft2mUZF3DGwj2j\/bW3tldEeSI3j86kQMcOD5x94+O7bhOPzwodmf\/GMShF\/Z1ExPmoxd6ie+TZ4catPtHx3VCJ34efZ37Rx9EYZz25F8g+sj1vH4xHEHKZcXauuvua7y88Ts3CKz+v+gCZ\/fFERTV\/tGO7cTumoY9YHsZWnvvSdwr7MyDp3GvjNYdHUB76bWHIVh0r76+MXzj7ieltN45uB8zecpwDUnHq2YkSNjha18dio0YXybggjZ3966EB+pVneMLY8NoZNX4Ev3qXvTiD2v37J5akmS3XTl0b2CfXOI82cTwtxzWX+wnF0+7g0SiXkokLrW\/99ffEOt5luAL8GGxxE08K++uJ7VkDnfAlemOSdo4vED75AYU90tjuMvCkfuBMIlhNHI\/xO1Sf+R+LgjTOBq5n516WRSO3C9L4a7nloj7ZXGchenI\/TIviv1o5H7pLnDcbOR+IHR9Nx65nwu2URqO3A\/GYeT5FPeLQdZza8T9YAocmvvBaBsDf+R+oRvYPT3M\/WCE\/lHcDyTQhz7F\/QKQRElEcb80i0caiPuBAKSpR3G\/INxF8Y7ifjEMfcBwvyR0AaC4nxf7u51PcT8IMzcLaO6XJVmSxQz3y9zM7Xlmx\/2ieBcAh+V+SZgkfQMJ94MODCHL\/cIMhH23CPdLAxhkrsD93MjyIitwLfspmOJ\/24Dhf6QLN2VHZPIg\/rWe\/1rPf4L1rBQzu\/TIydeHxsFZO\/sDUhvZwpRzhXKuUTlPKOcZlfOFcr5RuUAoF5iUOwrjcjQal6MwLkejcTkK43I0GpejMC5Ho3E5CuNyNBqXRBiXxGhcEmFcEqNxSYRxSYzGJRHGJTEal0QYl8RsXEKhXGhSLrZtvmBs22YlHbGkY1bSFUsazUbsiK11zFrriK11zFrriK11zFrriq11zVrriq11zVrriq11jVp7rhq+5LlqTEoi5YQvioO5DcqW8MAX1Vx2oUsiZYYvihUcg7IgSfiiKILTqNYXsdIXw5LC1GgjQejCSN3kC2MV1KRwQVwUTGEsWJhNbot88vzsai4poNJzoL0R7xexgLW3QvFLEtViBNyAwokQJP2QT2ZwuPjT+MDTQ43bj5LQ0Xh7uAfIcuqsfFeNrISu91EJqvd90j5W\/x01dkb7dW0DcCpXfgdbSMzWX2PhUlGr291c4qHVJOmebQKZq7gMS9e71dbb5\/GdBCwckAklV4rV5FEuY2M4OGH5cReWGbw44iMe14jnclmSbQ183LAM54FyjzHlamOLHO+1uyHNgtE\/a3GGaYyQzli0tjSvlDiL\/RfaWerhE2dgCU+xa0z2HlCI2hoIaD58P4MypVHzJTiQ\/aac3Ytv6AKyNEevP9yqZS5VdFld\/gVVJN6Vu8fVRLTVYXmR4cD9tsnLFLHLkEqphy5Kr35e4fx5HVAckxfYRXFdMjhXEt3Iwb5+1r7Sd7ZPyKC5Cj40O5LkqjBrkgi5bLC\/PS63VhfKbZR8gu2dNpaT+3Q5Dni\/FUzgv\/tKmxMoCn7wb4RnyF42L+e8D0A3O6dDg3PakSdQVR3T0+Hv+vZfrjfCYXR07oiHcXOfuoSdh6oauSpflVapEalkoGhkZLRaCk0mzeuvD5fzw3dJvsH\/cIN\/dv\/Dtv+L\/UAPUiRB\/nN0ZwpfXVq9lcoK\/+UOFZ7zYgZm7iAMTa84wrTMQWe7tnwbkrOH1FEXipDEgf2TnJn3KxAL7XrOgioc8JJa+PXhhNzu33LLvESFwojzq\/xY0S5QgRTKMDmzdqKwq+rXq+6SBlRze4+VflX1+o0l0CJmABUxvUFAMi9ZJhCjYLR1QsQUrxQT9VD3XSKsPrm2sTY6VdFslXrIo2KiUEc9ElMXjzQ0Viv5koYt13adwDTruKM4NKfaRmu0rkSjXXZKSqCAKF1XgAOicql1YtKkR1xbNxG5roZi01DgFgXIX4IFTyrvLE+nrw8oAO3hu3hFmmB5meEd8DTBe96oaLpLiaKbwOIN5eV457dIQUzDChDDQt8yWiozpForyFLBG\/12Mab5Ok3TWMC86wjmJRxaJcEgSCyGvygRRzgFWa5Nz2pTJ+2B5jhIulKsImPYG101b18f2mNejnWMwASm5EANATe\/wuCZ4GnwdLv4e2O6IWPB6t6snGiO7UnSAPLzWA1Zca35patymEoa88R0JF5nDoUdGRL+9QJm0d3OGLkZLMqYmZxA\/YLvEaIlfFVuWOTxWS\/eHic1x1rKsGip5gzyst100iZpoyGwFTp755rlmJ6lSJ5XzTY9aFMtMV24Z019jb+egegl39uhuLfNzVxCS\/m9as0tSjGJqwmQmOkwJqAoqkurW5KMDebPtObKqoWmXOCGdnrGPKSAIMV+z\/mYTcbcr55Y9qaL2VRMrYFMTp3QJtklVpWlbNXKB0IKw2S6mtMcHMwl9VnIY0KvYFFopsK5\/1S8gvueHHoUlI7HbeArgjMwUAC5hpJfefkyxEtf56Cj8jSP3XgvY8FdaZ4L87NpLaCWXGoVubsyaqZS6jRYVKkpu6mrN+NRSaob5icf1wdlOTPdinXVNHLJTdH9m5hMX12S10kB9RLufWUeBJ53N6ln2UwhtA1D3ZYwXQksXUAL\/uGsivs912r0V2\/l0RX4Mwb3sHgFd6U125NMnrWAnIxhdUvBiMMYqyeEqOBzMMVrbHxxsk2ntzS2D90szKnMK0tPvDQ\/yVRw11RTTtG9jUVCo1SAMT5Q4HsljjcJ8Xu+r62TVNUt5rfRYEHXPdxs2zRV1q6N0DLNFe9LmYh9lQJ12mZAnbcJj\/hcVW\/u3lhqzaYm5Tz1pNWBUuhMeoAdtMMsgjI\/9Vmn3gndlScJy1rFVasJ0HvDreQBJ8W4REUUAB2U0gXr\/dML\/MhqcILN0LBrVlcnapf+aKvxl6O+e7Ip4AGW6dIkJCjQEYdQSdNIC1FHnDlc7u+eauuGxft01QEUnT+ui5bS2t9f4McCDz6T\/tZnwhfpsCVFbBIdhjT+MvP2k\/ghqvF8ZKImVoqKsZSDpfLEu9BCQx+iUPpmB5pj1EoSR3iuYdNATaiK0j9pRu9bzpijtSvqWz439eWsoDtKJCWdMgvYQF0jktARnGHv2viWX4eVLDbEmdg7DEF0cjAEbQb4E807+gSmKuVChRs6IIvOaAsJx+jjYSJqwCNpPIw56TovDzRtHKw4ZnmfjrZhAzGRFZLZD\/ywmLcsrt6FuI2Zlc1aAEl1KdvrbGPNJ4S9jbmB+JgCPlfQc5PUVVHEoO4\/Qz69CcpXmiIVvOL71HQnVVGAcwNxqkj8lyRq4uZOrtojgxKTJy8fJFrYHuOHHT6eHseq2NrAeNP7H8JhLljQDQQaEmU7K8Ct732XmvBymnY9dEVSoQiDCwt19vm+ViGC2UhWuJNoYKzBc62dd34raNzjHsCiMBi+IXuQtbg3fRjnw\/MQQyacOGyWXo\/ie2IgG5P+feJTvNP84QvmugCtKwcGCxnLGU1Vt18fQJPAMsUHC9ddul4hx99UQ5x5rUihshkzSFJo230sf89+DDMUysNh+dDcU56mBfyxYPfPOrEU+sratOIYjJplb8CKmFNkq9VQemqfFcXf0e+Sgl\/n32xa5gliqyVDRUSaGRZLDZGp2xiyorRPWn8nY16TTNzksnKUK0beHtrAtLRJXOL2xS3k6Fzj6h3jaKAITozJ1seSrsxuG0vrU5gmw9CUzO3H2cZot84a0iMzcPJE86Gu1hrQ6d0ZlZPiM2P6j9uldY1V7W1C+RXUpc5cQ5\/C0R10Yv682EzoMid00l\/nIaI6Tx7CRO3Sz3p8+llB\/p+s\/9svdVXAzgQ6NqZH4Z8sv6LLf\/vbeBRvu1N4O+skpgP1Z9bdsdRhu\/bLupNkTLUGpqXCrdCpK+malt1dIHjmlIqbdD1Nw9MepWLenS49RYJAMe96l8m0d8dEVXyfMorxJhoJVwhncwVN69Ni7l5HOx2bELhrG2YbPC1w1ogZWzotVmnL7mCcvmZ7kzA9xb9RrelVYtffzs8y\/qfaUm1+1l66jnozSgEz\/pK1E9gcsH1k07q9cGn5d8QtoAeRcy55wUwncJufVwS1U7yrw9xx8k0MPxNqUn5e3bAJ+3xJnB9qqr65mxCXahXehOfZrqOpioxN1ssZH64o1d89m3tz+TM26+o8tDHsbqHpLMeGd3hqGQ\/odzktmVKLCkmO1H00AuvznBT5eYNSK3b6zZfA\/mnmpd0EnCc8sKO31ZV5WzsMdFd6q9gUc0bbvm\/NGZSMfjLTeYto9Op1CZv24\/v1jrtGpC657z0YCk2uRU\/ebeXxSWuYXhKYbk5VD8ODfqtyV2Uvq78pFUIm9ACZhWlrDObc4khc8W59O22qBIJy\/2gDJ3QRgid52mFjp27ouePDvEVoo16AUa\/JM4J5iSCzQycbnuIM6vtHL9n6YCSKuPT+0QlcH+Nfk4cdiDVbPQKqfoQ7CLOxpqQH4fTSKMMgnP3zGiaXGiGKxj5GIe+f4yTECP3cz3aAel5WaOr3j2G8DaOxe79u7P1j4kc7qnW\/bpz9IwyTJMqoZwgE1gME5LV\/5u0ft1nqJFvqGQKDzQDc0WXRfAhV1yAvUe1O6hOoWOoxQnhNtlmyYx+7+0c\/iz2MbEo9Rmjwu12cZexjH8HKwoh63JTVWwaKAlXrxZ6\/tcVXzv4xDIIglrxy9487P\/LSWHzl7R8TLw4zV3yF0GczuKObUeW4CREIgGuzjx00HTvgA\/YxwnXPAKTGCT\/2ECI78GKXfezvH9FygWOVRwhaVKUfO65vs48dhCrvbn2HfYww8uMAYEh76jEG6wW+H7KPfYzxGwJ2APBA+0GwTdjHaJDjnZf47GO8xhIfhuxjb\/+YhjDKtuxjVCX+z\/i4rWqI6kwj4AWAe47gdUEIqM1NnmNkfs\/2Qu45TlqwTbc+99zfP4Z+GibjTmgaPLhhFnsQME\/RQk4Den2jp6jG0E08j3nqofb5NPNBT1Ev3cgPxhE8FKBpCKiuY1vk\/+ynKFozDKp6YzH2\/YB6\/\/LRsR9qFsFvcP\/oOr4XUnyjzwSwtaMdzalQF2I3zpJ0eNqDCm\/9KATjEsuqw\/7RzpyM7i0+8x9tzw7thH2KCNupE1PLDt8haPBSAi6gBqJ74ewft54XbjP+hYv2UuCGAf8CreFgB\/yIf0GWlEPx71d4wPsG+MBNmKdoDWdR5gfMU7xR44waQ\/QUIWYHsb11mKf+\/nGXQZs+Lc5n3M+UqQ09dfaPAaqNfYryYrhxRC1R9NTDbDKjJgE9RbXF0EvHpwDWXd9sj33abxXAPEUcwWV6jJ6iwbRBFLIU8EimO6oN6YXsEh94mcc9RvXZoU+dsfgxmkB7Z4fc1x7K9hHbEfcYVRmlSUwNBuiWjRcENvMUD2cAIsA8dRHfjPyEpeDtH+MdgBRXQk8RWw9TmNGMGgnrZEBd6mAnz\/GQbn16d+PnLuZWvpdwz9Gw+nEW8PTxwEKPGtikqC4pqtfNPJoOeY6yiiSBF0DuOVqo3jaOIu45OkxdsKNGkTxHoOxhCiBV77EgR4oLaJZxxIeYD0JALWz01MWSwY46ItBTJEO4aUgtYfSUHCeAWmpI0yWDi1Y8+xjNJtwBamnjxxi3PvVTwD5GIxumXgTZxySHjE0NeJaT0yTL0jAM2ccI0z4DNrVi8WOEvZ6FwEvZx3jFepHH0cZzuYt3MS3AVTVEPNfPYjvMqBfNsb7EKC8NIwYkmwa8grIE+8c0TXaURJMgSPem2T\/GfhrtGJkStkTWDd2YXuzJJqmrM+KNcURx62RzqWMkL2fZNnNpofJUNSBP9o\/Q24GEmtZNjth7kqURpJ\/GAHne948RjCJaImhRACGe2yyMmeMWv0Ai0S72g4h\/4WLOY3sCKcySQskLPOBe7EN6wC+w2GRV0+QFkb22gH9bXpICglrSUfz6+JHWlUwWRy\/xrpWMKX75lqNp8DJULf8uzis82x514nWvDrCSzAaprq1qcIBYIob0ZiWvq\/aIz2iwZbsJsJoSpEHoj4vxDKtzATueDSie3b1wiAjrCy8QT7Mjeit1L8hZYW+FF+S4sGPfLP8Kr8klQRpS\/LnLixBmPoSsJscLjESTS6PUSTxekwtABKnJJpoc2jBpyGlyHFWsyTmxG3iOqMm5cZjEtrkml0ZOHNoSTS4CuxB4rCYXJYFjc5pcGsUeJQIRTQ7EXpywmlwAYpKLgtLkbCcMqZOj1+S4qntNbgcTAB1Bk\/PBLko9QZNznTCk6us1OT\/2wA4KmtwWOBlwpZpcukuiTK7Jxf4uhnJNLkrDLIFSTS4EfkwdMbQm5weeHYmaXBxtA0pi7TW5dBv7oajJ7ZIk2AFRk8t2kH\/sI\/04SKNE0OSyFHpgK2hy2RbsqH3Xa3IQ6RWZoMnFkQu8RNDkgswJqaO31+SSXZrATNDkdl6cQFfQ5IJ4FySZoMm5WbjllGvcy9hjtKRek+NW9KDJcat60ORgAsM0ETU5bnUPmhy3wjtNjlubnSa3c5MghbwmB2HmUCabTpPLfBBEgiYXu07kxjJNzg1sq\/\/vtDLnuJwyB7cwyyJOmUv8dAsTXpnbgmhHSRydMueHgRtkgjKHd3rAKnNpBiPa0EGUuczPtlksKnPpDgaZI1Hm3NhJKDPHqMwFSKCEEmUORL4XZBJlDiYRvYwpZS6GXgR4ZS5zIUxiXplLwjShZMJemUviONzxypznR9DPeGXOTgPajtYpcxBkbhLyyhwIUzcCvDIXRCAJAa\/MuV5khzGvzDmuDynRoFPmsjjz0oBX5jI3SSlJv1fmsl3k73hlLg5D2wW8MreNPM8JBWUuC+EudQRlDoZJsNuKyly6i4JUUOaAHYbeTlDmQt9LKPtqp8zBDKZZwCtziR+n1LbvlLmdE0WJzStzQRbYu4RX5jzfdYJMVOayLAuTRFTmsjTNokhU5rIo9qhBHZQ56G2huxOVudj2Sf5ETpnL\/CygLF6DMpdGaUIdsoMyF\/txnASiMhfFO59WuXplLrTD3XYrKHO+7QQ+r8x5ceBGsaDMOTuHOpg6ZS6AyS50Jcrc1hWVOTfxIEWiV+Y8xEoCQZmLssShTMKDMmcnIdWTXplL\/MDzYlGZCxOfOtt6ZQ5mEW1y6ZW5dBfQm6FX5oDtJE4iKHNBYgMbSJQ5Jw5jD4jKHAgjEPoyZY7TeAZlbpckDiO5D8qcl0XZLhOUORjuMtsWlbk0CCDzvFfmkmS7owSLTpnDjglPoswlUeLGvkSZ22VxksiUucxN3S2Yo8xxszAqc8BzXUepzIXQB56vVOaEjtLKnG1v3dhVKHPCmFLKnG3v4NaTKnNREqaMSjAqc8JssMrcNg6zWKXM7fB\/BGUO+mlCmWdHZS5LM5viIKMyl4UJLRmMyhyMdvTBOypzSRAAL5Yoc0g1db37JSj8S+H7S+H7S+H7S+H7S+H7S+H7S+H7S+H7S+H7S+H7S+H7S+H7S+H7cyl8kvDTDhH+tGnevj7U4I27oYnCWkGNVnuaw7L94nhBCg\/WEFzdaXdr5gnWAgcIDjEEFV1AJQGrR5DX3eVAFKu\/nmpgC2ukgUw1MrKFRuYt20asan5KGwmTUd10pfjQJCXMlbSE8BfTdAgX01Mi30zSwnxPSwl\/MUmn45NaSt03k7QQZ9USQh9MUsGMWEsGfzFJhzBuLSHyySSlPIFaMnkCJ2mQc0FLhnwyva7xia2hRD5Ym2ESiaSdKdLOYtLuFGl3MWlvirS3mLQ\/RdpfQrqXCDTE+0\/WhrScaVqOKS13mpZrSsubpuWZ0vKnafmTtADJgaTeiuiDe59J5fvXh\/jtDjPeE7p5untCN891T+jmie4J3TzLiBA41PcZbEToLoONCN1lsBGhuww2InSXwSb2Vw0l8oEZHWeKjmNGx52i45rR8aboeGZ0\/Ck606yL0uT0ou343aKDj1IJp+vpPlxcEVYup6vBny2uBCup05XgzxZXgpTd6TrQV4uriHODoYrz5QN1gAYVHOANM0H0d4O5IB8urghbAqarwZ8tqgT5IvX00ReTmxr7OrV08BfTyhzypXJ0iDP5lL9\/yctVUx9ii1PuUJn1Kgh+sih4usmqiLt1Zl2k0Hrl2WxljKTFQLpyJada9av2CPrVQJT+VXv4\/GogQP+qPXZ+NRCbf9UeOL8aCMu\/ao+aXw3OGeLT5ohMYL\/S3nBJBVcaOhVddldFsafVCeQliWZIcdgAs7CqlwKMKyvdxOtV4P40LjUMG3Cu8xOoP9bj9WoKbCO07fO76kJ1DQ95gxAuUK5f\/AR+wLiu3q7cVfz6BIofY\/AGwcVAmwDUjfK6No7X2LTV4VD0SNFXGv3bQ9fITe+z\/zBA+UO\/i7x8uZrj2HdlB2Q3BMW2GC8O1GjoJKkbGIRJMfuKNJencTo0EgkDEGw8BPtHGzq+09mC0UPiGnBt1+vvdqKnSYsvFbr+jn62OYF\/VCgSJQ6d3gmJ3tQVSPePiZsMfjD8FCATe2Znbu+NQ0\/jIkVxIMDtL3t1DzfYDRKAIA09qk5YFMjHHGU7qnVdoMw2i72UbiDCTEa+gNjt73aix+eq+EAxJkFAU8agLeiWVbTrPaeYRtFsALk6GQD2MblLFQUJ+zjZP+4A+sc+TnF4UBZncy6oDLMEfZhkHj9LmZs5MGVnKdkl296Dyc4S2IHtLuNnyct8zwf8LDmJA12Xm6UQbp3ebcbMUryLY6ZOPEtbsIVRIMySm4UZ3YxuloAXBk7Kz1ISJUkqzlIc+cAVZ8nLtsOVU2qWQBSFfawNNUv0HSZqlkj77h159tdM\/mEzqeC+CH8XUgg1NSxAm79CJuPEKS+\/RKF9frcSUCRfHNt+Pa42K4RFjnLQ8jg1KiTTBJSvoJkE\/hatZ+vnHGldpIXkT6jrzyYv27rSYm+5HegWAnnyh56hrv202qwcD\/V2vfr7CqXfwpA3CDO3R3VB4+Ez44EKRWQ4ZuBfUY1dAWv6m04c4GtAO8ygBlpSYbG2tIURihiPzdVjkvkUvM0IF9RhBGG8G7VQsNbWSr4Z8JgcVwbI1MtyFCoTllzw5393ngIpuFQBWzR6SEwjMOlPtg9P2ta0eVvAsTG+rjG9YEk1JynA6fzFQwvGe\/Jf3yw\/JKvLebL5NjagbMQ2buwn24MngnhF0JpiUIAygeRRj3uL0G7RrMj2nbaHBUypDvbwV5RIHLjJUd7hBiZVmQ5d7iGhJIBQodhYBBEra6yFe7KgI+NaBwna\/M2VXpRobGQCv2OjNyqZnDBJCW5WmtcwISyGIMcxbNOexaNQurg8ee6UJ7ffYxh6boD9w3NLpud5NhugV7EcxwstUXaOJrkXXjhikXGQKUxD2w2mBpk\/draqY8dgbCluHWAe79s\/rVUHIWwkLbDVH5MqDOBqEeH8YLZ6evA1LakeL5HbjHnHMy2ez4oZysgUYwNLVtWn\/epyPsM6AQ2UMEfHhSfDjPD9GHY5YtCfKBTkvaWRhY1QF7cIdXH4FWQEj\/JyKjd4iAJ0tjD6LoL\/G4FDEeNARdF20ZzsKz9a0pfpTUzvXYrL4MVM5+eYsYXN2oO3uHULBcV+nk1yX1btl\/0RNF9G2mh0mvX6aoK5edcahRmjJiVCcpvsTNjpjEC6pa7onpPVz3X1RlawG9ErARl1CFtHz6dYFC+cyYQsNTeQcead7Ui7Snp3qMHphJJKgLYATbdadAPQY0WOIrZkI2JAW7wRVz+vQp\/Izl3BLpGeSUl8bsu4uqbtDWG7HSx3synAR4US4sIGDQjKUYa+QnCOIC9hjdfUN6ogsfz9TNPaILj\/taFcPVX9iq\/ryjCR5HgXwqjFbJ6psRJsiKMlBU+dhICptUNf\/fpwwNLpuBj2mNmubMy7F1ESG89IdlpWnuUH5qym+xq5tqwosVicD3s+anHHBC3CDRj+Pm+SAsFpwg1Yr6kvYuqLOm9eNvFaKsDsc5p3ob1tkZ\/j350Ct6mrN2KM7l9kR4KDLbfDnlWw6s3mUuabtEpeBPxl2ujsUmnHiOQ4rbRPS2jfeIO3eJIu03UFwgyeLIcs7fhTC5JlB2KreYLSpdiDxjbtBqP3fn1A7FEiTXCGiWF8x6IW4n8auWaWhmPcLnmaENROdHIp27nuLC145hTjfC42adUq4PrHVJMzkPuj6ayIsh1MNNo0b5CHQ5bTw36yA6WxQOa7EdD0DWVplWFO\/zkN0uwGtp66bvsNFjOy23fI0lNT+WcHQ1o4Ze6b1YLV\/1r9jbCl6gxLa2bRoeB1MNnJtgIWw7VqqAFjGpCxkREjnJpGBjzbnz0vjGGGqP\/qOwJoPyVc+hNPzuPoAtTfm1Nefv+G5ekn8iAGNSXcKDQCHTXRh8mmZ5lBLimqBqbfJ5uDml4i1XsU5Fbo9+rvPX9Bm\/CZU0xBb7ococ8nrF6aqle\/EJO4eWM3WGmYpS07aJ1brh0h\/j\/oUDhT6JrVqThCoIag2a8eUPZstKwPcFVDkD6wmjWK8GuT44xgVyFSxlbyCFjAV6CBhMdDgptGtCrU5D1p67PCaTGIeAPndYakDZL0iybdOcO6OSNR4BXi7avev7i9bcWD7P\/j0rR59rEZEOLJNd8Ytm8QdmYfMSeJ2rxto9CKvztPnqGBG9tw1EafxXkTSHfzor0OdPs07CidNaxf4cZLGVD54UOURa1ZJZc4TzYx\/C2H9Rf7ybXsp62F\/r+jXxKvB4VPAmsyPaPhDTAkfS560H\/RP+mZOS4xerS6tG26phzsa9NW5w0\/dZ2+\/YxfUqnjbF9LzZlHzdURqw+yuAr1OueCLHSkURDWtfse\/Q3qGk2Fuwr0SyV5mdOkPmx+TsuS46Ia6DVKCqGs60Fj0VV3j\/oElPiXvi3Dn1V5FdoyTiqugs4vaEi1LkSqrBdKpL0NDIlnlXmTHUOaaX66mqStxR8f81Y2l3SWXG5h+Iapi8lRWxUfHf1LXXx5HPbg+nmq370D9Mk1jjga6y2rFPIpR5+HxJBTAgJSlEijpQfps3w9dGeIGEZFr3tElln10yu8gYW2aey4GTuByfSDotLuZfmkOFRe5OfxXIqrd9JD9Bf1vKpzzPu7iDnTvuLGUSs5eKZTqXQfxTUE7RGuvCe3WaH8tJu83FSXdpWXWV7mrXais1rb+S5bqDIwjuHKHjUmU0uTJLJlZtWaKsIkOWUXhBl\/6jfUj4U1ZQYZo\/GHBYj5NcoLWYrUVMQzT2nv2Cgm+takG8p4Xanax4QVDBWGtnY622RhX8U0XB5y54uCpdIWQnp2BvWLgiVoD4z2bu325e32e4EYlMkR8WGS3FstJGubWxpMmWGDvUi6qCRNNZDa\/+kFfmQ1OMGGZ0lX+ycLicpXqq9NAgr4xVnTeeWDH4H0o6cgoL\/7oRVDkQeDUt\/Qb07tJhrnqB4h2yKlFin0OmwNifTK2Mt1QpEXtStnnm4V6nQrLT8Dp9G04xrHFCm5T2jbfMSNE0hDiSa2LSIyNMy\/QyyQJ08Pp91TFRWQZDPeCOcJhUKpNCRqIqNZE2lH+lFBLRp\/VVl21aynCXtG25iZeFR5nseBmemUWRB8OdmVFcpwOexKYp00KbP6mS7J+RUk9pr+zV2a3F5NbS3zuIG\/lBt07Up5jjBdRh4PpIxG7LaFqz6JFpuCuvacQFHw5pnp0fbHwE3paGuVItiCvGCMzE4wYaZLj1faiB+pzG8y5ostxFPM19PrtlR46\/TRxHBS\/WFbyHIpo8ah4HtinJvSMWtYrIp8SaZc3++CWMjpHZ3leTaHdgUmOZ5lfGz28TPdX8ZJfB9n90A9NtieBpeviAgHalnEPrfhBmeLKgx7ThdiUK9ypXsQTSCZuTGX9SCuLQgB76vsAkG+PjgP31f5GKvyk2k5ly7nmpfz6HKeeTmfLueblwvocoF5uZAuF5qX29LltublIrpcZF5uR5fbmZdzbHbi9SVfzY9AzTFzv6zSuFF9FLpB1uUJTSZuyys4nyGoUTxUZxZiE8K7moTwGtu31l2HqzEeWKfzTLkzhG6NZ2qGNTduS2K56lm3ts0TlEYbcZ2r6HWkNvFhLWdy9AeqwpqM9bK29D3UVYc\/mSLK2tF09r0E1Cn79XWwVbviGuvMkt0nSE1qYHc7iF9mekmyzs+00QCJL8\/GVzDG02eRx\/fHxHiI+9BIVEJRGLxHHts4bIWYREKfnJXDXQPZ8pt9kQg130tvxAfy8gjrvGX4KDHo8D4P2lQ61o3dQs3UFOh2Qnww2ASIyC+Iq2+Qq7qB6deHtr4oQUcMbrIPZFdq97RHX5nzfD3Hx7TGXy+leRhJUp74FvDW3Cn1RWuLT5JUCBilo3ElypTEQOPMPiu0baIHyKxNWi3UnauFnurPdm6fznJrOlmXxh6yp3CB2\/KU3s3vqK9m\/LMq7+lPLKuWMSlSIeC2yqApU8FRVOEQU0ZCyph7I5EmvJCK8TLSp03it6jQrS6YC\/3Pw\/TxOscE6fMmSMnJaj\/fUWvG5+zC41s7P6F\/v\/nRzcjD6oGak4fpCDfdiN7LXvt6oO+SeO6EjYwSw5Qrw+VWxqT3lfJhhBORdMmVu1L8Q4CkqGF6SWC6OVW9PQT91s6v6MinffcTJysKd9PKy0dLH71h6cdnSha\/0lITuWurW8ogr5vr\/AjW\/ioKMWDl5aGxxlZg4dRivbzN+mqIfMCQRh7NlNA+H2GHBrSQ1jFvqVaiaAEJIc0FEtLX1uRSL2nr+ZguDfSUmGi35HrUHxUFqu9pOcd+qY5K6Kjx3q9bDNYdSbPDzHV5DYxoVno1TG6tNna5mQoWrsxL6gVatQnTJhqTZahCdQN2iwLVkVBZtXkzvPG6KLhZPBdo97CT0VtzXRp75D6Gr+H7ut9n4aClzNAFus68XD9pH9tj8MpopeSw55BVUde8AsVkLLvYMJSfcmpMlmdmXmFl6wX+SaX8+W5tebkuNh0mRHTU6Uk4BJGKsNm5943Mpu3njPl8iiczHj\/V\/WVyq43mu4IpjL1SLDB2xEN9melqbgiDxlzNGqJMeKxgrDLp+1IWKhAa\/mxrkMBpA9RzXL0P+Az4qiVy82E3toFCLPbjZvPuRn09fNhUpqCVohCFDb2IyeFjOpysinWVDnc\/9OUMh36SxCyutpjRENx1lXWE5zGO\/zzj8oEfCBHVtMiBxI0g0F7dmQOCRpSqYeSWxQ1rQy2SIn+Fy6yVnaQgwdTpvtcgGnefrraREntWjDNyb4csK9NLtcFdnh9e4kgD9RQVHU8ICbYhV59BfJVcw9agMnR365EG111BP323hnue6aUafo1AFvElL1KEYI2U5M2xOsENfD8XVQ3r8UkGfl2P4WiBLh7tzm1YL4aoQHda8\/LAXtoN6GuyvQEIw2fQ5q13yF5udnWXm3+fMUcGNnVMsLQRhrTJwPiRZGD8yAxXJAZlOqCScuAkivKoyLdulSOtlAGqxvoj5c8nsvdzk9RVUcSg7iemPealIf1hR5kL9V0Xe2qbMyhhcWVx42xO1hIFpznEZ11tllJgYTWuPPyMPC7U5p8TO+mcelcckMryHjD7ncDr0dZNX+Slygtv0\/RFfuLLWAGNt2dP84Jf8vT\/+fpAfqOD6RUkHxuy2Q0LtbA+NfOKFPAAig29\/zx3mk0rmsouowUNX0yg7wa3kOeFTfqMmyfioe58IYRSpZ5Mj5SwnBYM1i00+vHSL2v79r7pYPCMOzeXiLR3IlNwJfrnIvgyHTPd72OIkldOsTZFLY9dl8p6cwAtfAMfAiQZz0S\/Ub+ZQFotOKKB2v35TdzvQdbS+3b6GMDCSz\/5eNSTFrHA8Rn6yYstvkxs8Y0k5Om6btpUpnX0WSOse1I7ssO0k4zSTi05H\/OzNWf3oAJXpeEXv17r0GjiAsL0O\/0z\/d7bGEbrD\/po87ZWYeqRKGnu86K\/19PjH9oSUxftI1ZPK8FeIhLpiIhZYu9YcgLnTZbDImU7YXFdXF9NcDC0oD\/0Vq8pSI5+Wrsf71NYo910Fui7GiokjUaxFsi7uFXBSaWwaTeH6gb7VPd8uPGAe5T\/hgWbwX\/\/ziLqsUiw9wrdpT0YtHBPQyYYOPIML0B31lThtip7vMlcE6JPC+OuwaSqKTe8IkCQWNNWjmufmrGJ6Hr92qLtbfIv1K+mFx4x+OqWn\/6LIUZZvxSN7MrPy8OcSVNnBD8yoc7T0dAzg535QTYITe4G2+hLIdp5YfyybCzPCCb03Kcr2BtgcePPkSVZ+Bg\/taRG565YVVKFqtKSoO11X+bl694hf6KYkc3bHoPmUk+Oe4dNJWV8x4vwOdvoBlYXTxlK0zEQfmKWLUTHFFOYgUvRapnheJShxGJG7p6nM1z9zVI87wVs9XsiU8qPAkVt+7cjrOGXo2sdPevoW2erKqxLYaWFlaZWlh8uNVxLb\/fpCWIq66tJQMUZouDlp\/xKQeT1uTyQ3Zx+IE3UJQTALs3ZReF+6ntH3FkWsPLyfGmtX1oQY2zK72vTbT9s4Bn7nuAy667hzdxQw2ptvDX1I1hLtP9x5ukPVT\/G9ONkCifCKMftpNiZzaXOgDylPR4YVOaMo6iYRWTLoBbHVjoqemZ2NTGcXS\/nyIQSIZMRLjI+hUWRn5u8UTS0uSBt4+NKMT5fk4dm0iejvXP2iR24y2VVvKfI1TfdJsFCtrD+zcRuNrZOXG\/6Zn0jYgdI2q8PqC0P368U0jDry+psz6rYwTPc\/AON\/5W7r6PbAvJwQexHIFucn0tVxdWlLuFHI1dfmB69s43BARr3OV2nzvDRD9FfDFfz1b5DPYCysVom8BM8\/vSpRSddGFTosYS7FoNSVBaCedqVIBVhj68n9fgSqYjXjww9QeL4mbtpxLKdHqJnBvMDCCWNNFdFqPNngsOLMTI2QWtmskqRae7UaVVrT1Utl4t8Xi7y1ev6BMuL7Ao9blu\/TgmjGdPK\/cys6HX3MXtFgMLilpywPX4S03A3CDsgVOYxTmyHPA4YG4pYr+juhfbrkWJM7KVEZutN85WZFgzpAqCneKweP8CnXgE+1rrp6DeHpflm0T6iCvKBJyIPloygjBWxZ9Eow9Lc53O5FiXS+FKuNXnl02C81AYS\/kNWup+wlsw2k\/Dzj1lUcoTJC8Wi5gXFy2aSNaSMmoiiSQgE4D6GSmax8SelJ+Ua+Kn6\/PTXnyxOGDJ+\/og1OmAXGCAHsuml3mSgadfTBsVuDhcH33fFAQYjV5bvTlIdhT7HhXwJDxkwlHPRKSr9MJYV2vhF9QZTdaX9FEnaTangMgMj9Zp\/XpXr6Ro1450rYvz6A0pHvTldpTtHJ2MqyOV\/5p3tyna20blzP0HZbBfftF+t2\/Z1brqxFx1G+e37Pl+68Zl5M97xad4k91TfzBep\/WdZkJqR+TzlClEn4gp8P4MyNZVXFORmKT+KXA9LtxSqW96VrkXUTca6akELvzgRys8mJdjUcv2L7hTfp\/O7aFVDLoTNGSCrNtbHvgRIWZKp6MNlZbIcULw4qBv57WRypli608ZS72tLvRYsIx3cQOIWDjsc0SIcJjikRWXMBTGPhSVufAMR886m7Gchond48DFMu3FIb9fP1S91VaCsmCCmE+DSjFA8r2WsUTrs6kHyJIyQGi655tjnsBu\/2zgccuAksxSvNvrGJ7e5gUsYWhNOakqLMJsGFjBpjfU8foxn6nRJdSnbWfYFXEJYUcors6L5x9YuIOc+ilxncxDwfvy57hDFKJAYd35z2LqvZ43yGTn4ZI42vSNr8NixcOaKSg41OB+XIK0mBTidv2AED8sNX98sL0IJHpnTi3wT4BzqW\/f1aJHUdyr3D0YhkXhrhAOQF60Vnvvxq\/wEDnC\/QmsEFGMq1SSvkwJaqqWFVp9FcR3k58NdHAmPHkHiFuzZyqEG8XNbXZJj5+\/Zr86g3HxM51npB+Ipb9CaKdG1HJpqnJcHRbm3qmYCXnmU1B4bVUw+YmPE1KLYJEdQHiAlOumqQk08FDlaoFcDuatA6iwrd5FnijoKUEJDg7UQmIj4BspAAiWG30vcFnBtgDani+forys+bRWtR9lwa+Pm03Z13B36uLXphJeuYcTKTAlF2GOmVyi7ieLjEfTd1UpgndWA81zqFS9+uGRijHxcFKtkGBgBtdVVo7ZKMUT5y5NPdihJH8Breybu9anpQB7q8nqjU36kxrnlKZuYoUMepgfYKNcImmQh4nfOMkTktQB4nIVBjA96hUlb1RuYZTBpMZUNyjeClh35mFEv+zRsNJMTTDpdIivdN5rukBiB9uMMvz4c0OCUXVZzMclSuPINCWHgKqiig8JFdJQQ0xeSyVFrwSChEkUprUp41UH3TZWn87k9qdqNUZ0EVAwT1ysu2XWZLj8pVMMCxOgGpOQwHpkE\/hMJWV82gf2Thf5n3WW4GarJy9f1mg7VNpKTRXu2kU\/uNm+Hq4k2kvGzGXsb56yTDKYRIq9Sw1dGvTE\/3DVroxlGmIS2sqcP+\/L4e3mip44T0TPKYpToDNlGfI4JfJ+2dN\/NmTVmjNPibutRhTo6IkMJNV8rgka66dbEeEq9TwRXZViXOAKDWY8btILWxi\/c\/oWmB6snAUDOwDIuceoMuaA09mk5kgQBk1o+ZaunpjUA7WJtrBFvZMU5z8ZQtduag9GXpyvUUimrq0EI5hKLE6H\/kl7VAqu5KYwQOxRXZbgiO\/JYNGcGwjUY+UFim2iFDPZaEnFIV48ezAwj1zaiba98lh7+ru3cQOGhQ5s3GL\/kLb7K1f+NiWMry959pj5Aij2+EALrNk9AIap3g32ZoEaA8gNHs\/MRm8wufwrhSdv9E9t9Tw4neAfNR6XDTAbtdw3N+txHrGKKV+wShjjcF6WpSVyD7AcakaCzUVBxT55G+byFYSHBmIQNy7Ru44GfyzTySuORcOkQSSSvSZMTTDNIShQs2tp0ceSVhIW7Ms41+waK9PZZXn99qNsC3Q+m2iDxh+2PVdN+oQqs2QHl02T+zy8bZ\/18KXOUOnAT52m+X+VNhRQOvVQAa1PD2waDljJRocLq9\/5E6gtntGCwr4J7GHa0A3uu6tZwYAP7J\/bw4mWIaEDx5WbEN7rJq1A6ULUT9sXJHj7l5VW2IjbBhNSDC1eX9ipGGU+UJeaNlxxBKyE4hkEQ7++bESufIQXc3pEEEy7Zo\/nJs0NulopkdPWwTMfKR6deDzU31jy+63tZXeS35GXVpDDJm7wq+bqYfgq1kbeL6gMtaGD7oIp2FmahutQJ1E+DZ7wqTlUKCYtFe3A+\/oKMJqhbmIHEvEs1iu9Ek0tFcJyr4uNQlV\/slW2NcfcbfMCsVzaOhMc\/ur9s+yfLxv\/PeD29wzrJG3EoZw9i0wIkUaTGHU4KcKErlq3mybrxfb7v\/Y3Wwav58PCsNiUjhxziGeR\/zFiiSWjw4IbZOEvvJ44dQ4A08OsDsoGildm019vYR0cvL\/+trg7ILjEO\/LyIAC1JsaHz6b2BvM3LAyFmGRZCjD2dqH8qO0NZbc6D\/VsVBjXZfSwfUjkbkP3mnJeiu3NzAu\/rFdpsKIFlmeVl3sIfdF70rui1rWSxZO2lLteqWKbfquo0JU1AZnGi+CW9rOZTCqdRxKTNXq77nQLwh23oacZmjGuWXsQTo1Iis6iUuccGbkt1ac8XE1OVGM4WDca1MTnUEjVwYSZJFAaZl\/mNK032mrnhz5uGduEfsZwEQ7ihzxWNkERrlBqcJkHOB4JPp02pcFv1\/Z4qvsR3xRTGHjquDdP+uZ7EK1+zLFGY0nvoTHtkVSAAKL21mabFOXp03NFdy68bTl1V+JRFK+SLmx3XNs1GccIfXXAYypbDw0kIEXHyG4SfhwCBXW85HfmguilKx9LN8CD6EzV\/+9t10tbUfYq2WPMGzqPTyZ7o1ZRrbo73jDgpr8uAMXB6yKPHmHyj2y3eyjgU5E+fk0P51mgcLYNDkuHFKK2ymlEorZqqLJnBwrE7V43GRSMwEu8T8ELUkB\/M+pFAqwQLzdvdfhmq+RxHikHl6BIJQcQ0iq0e+UJ1hpLmE8eWpOHY5GyCmaiqRtJQxBA0d2PI16I\/hJvSSQqm9V3JlmlgkTFgJTJDKDambJzV35imreXQKoqPVU2BLbgKvpl7xZWjM9UsIhvJyNzhu8jPpGnIKlXp5+TtEKJOqtR5vSZCUWmfl8aD6OsbK54Q4c0nhK8\/IaSI8AZXbvsB1Pt\/NU45znerqObldVZ4P1pTFnL9doa29crJaiVp9fJA7zSLwxGT2mrquH7C8COVffYBrqFlftVUDMYywA7yacBW1kHq3vW+zHLcVhMhwgT2QDPIs0K9Fl5frZJmoURc5OVLYynJ4twdcogcHcEVuE7Fy5vc2iP3UxTOUDn8hNkO7Ro5L9pcGuZhjKHWVUlWA6lY6MGlTCEGKyZNGH4O2IpPrtJdO3TJ9NrxvFP+UlArAuW9MxtoJLOV4HV+yJ6zflaGu3xS6IpK3h9A6lS7r\/NKXqWoRGq0F+Yah0n4wMQtOmMhtr6U8w4RxXadCkn2507ErVaU+lKuOIxCd+EVfpRe7UV2s28ELCQGYHZKJMOkaSuGX\/2lu+KAbrE9fJdYYztwFRUflMOV9Ii3KnUA5Z9WWxvHW12CvdyXBHXMiIrHFa\/MTPM2a3B31eEkXNQGfw17jiZzKXvHx10cGHLfCC1OGceGKfkThKlRY1UnR3UwZ11zwwHn2IS9udCv3DgzuyBUsT\/CIN5bEJPotayqWiMzB\/uhggNPGdt\/d56IWo2Tes5UG2awsr6KW\/EeC3iAZapuaCdyCZbtZ05ls9kpEYAqpKgUbJYGlXykD\/rV9msCORHE1WUepAEhS0RJE6gMVVDqlNm\/r+cek7t6at6mgNLdW6IBZwdbTjb3tkA9OR1NuB4OMOL7bORtkNYkj8wjlZBYuJnXC+XVaCPz7l9bH5e3LNBOMVKLY87k9JB9azKaqV++\/d3TyTqKcmL72PLzBaWdka4qrTQ01qq81qsJtTTZFyxl+p6vLoazbZWEMR+dMoZMnBgCyu\/WTY5KDfeM5FjhFslSDxCmtoqvmqxCRCK6i5utrFomUYD65JtwLcJz863Ir0uAHHQ0e2ftZztQqR2ptP\/6axMbLWl2CluQF831roYITLlPmWBkIMdphdFVR2QRJ8KPWeYAAT8ropBieksonx3lWeNXMenTft+7CLvhw9qiSZpBgdINYLEMoeFeI70A7+Q04yrqL+LdGnXAkX0xa7569yzt2BN2k1LXaGx2L2H\/JV6gP5Ml+vPKZZyZ3nrC4OVJOHVkKzl1m58g+lK2ddDW2HTZjrr4meEx725ybQz3Lk1DIyobrLHS1NPzBl7hpK4pw8yaMo56cv3TnZKzNe38Nsa6aDvr6IgI0O8sHP+UfcL7kwBpq0ALwhEH3rsBBZUaqXsgCFDkiBp5e1yNcu8lL7znciI7jdy6fQsffr6X339CcsFJWq+qzDForgpwbiBmNfgvQ7t9n\/zV0r5OrwabRVynS+Ie+hCjnlJbnSeajkCZ2uMfEBM3r3+9bWEKb03f2\/QpuaosvRrJXku0Y5MARShfkMFckMrmJVgwqKzjNGpvpQmNz8wrB0\/n9kOBO6l0uM0Cs9EurIWLBA3qaw7fzCT5Gp4haL8QOSUvCqsTRrATCgsja+OQXxQIaqwha65IT2RZMQzdR63p9F1yTnqEJcxg7+zqXuJEKWAKr1K1f6EiD+u6qpdgobrjjTAqE7Zju94TRiu96kBRFYvHyepn0ZWpC6BXX1NEK5CkhWLMTsF4vrHrwZ7rOBp243SiovE2gK\/pjMKoLhvmbbg1GGW631v79ai7gmSuujL6Ej+Imoya1iQUrxQVXJs6kvNt1CdQ3AfVRZsLUJPbT5shjPNZd5kEZcn7fkzetiS\/FfOvSm6rw5ZF9xu6A9NunqkbmMwiPNfo9o9m0VlKd7VaGlTFdXXpHC1Th+Gkb8gyMsWi2dQiTRNDMIiRfwSeGxoBXnfvjLG4fXuSRGf\/MAUmoaNH0LlOkiZYS4qjVimLcwgqxtVqyo31yUFVJuMdrMmroIrMzaQR9dcHHImAZ43BsDFFc1FgxXQhZH3O88pwbOTlZo0N5oWWNvGr+q2lDLawtKZ\/S22o10e1W9orTwa5KsySXmBDgaVHFLP0iFvWBLgTu2DOBUCKzbviDNjnzZd9AcrDF1CvLfLXpV6vr6yFZc8Kk6AGMUr8TguXsk8UdeJaMjBRSQYmqsjA2rxTGaC7t0KfDIY3i4E9tmjUPIuGTrRYxCSLvjIxRsfT3hdLZlK2RJXeGqw8awGnD\/sGeI1dlYA9TvPrHPynM0i\/nVUBzPhMuM5x53VFpoT+QXbMS0pE10iO+ITblxVicMMxh0\/2h+\/rqxSOFRfZHC0kzqz5HKLoJ4lj2cTwCF5z1FxNtmVC7J1T+wyvhnWFvz01J9J6eIphmsL0+1Vyc5a\/PC67fou1COYa0OyqV0\/NiVzFomscskizCS4W6VT6OeMrEeYN541QqYfIVMPhceBnK9e1T80qucR5sonhbzmsvzy5lm3ZlrNexVV75KA4CKWsrigQWFuK2Px\/f0F9\/dFW44fOM7dNf8wHvxavwlNgtDOxtUv43hrjdD+LSOD+KpwHYXOVpTzeoHAVew5SzNB2WWTQ82JAm9UTItqCw3JoO84HYwhsNzs0\/e7A3PfEt7sLwg6zRNmNizgoSrTSTMHmoA8RbA61cHvr5sa1f+gCfA967MlPgLTRtoaKPDZDqvFGbJS5YDR8jX\/y1OfaPDOYx95kgxCPDh3ffjtCOaS\/Er9RBBNBzycyANAJ1YerB+ZO21meWD7ZjdEy55G+VV5Y7RqRXXN45g9dDuYCcQUEZ6GbH3IuVeV36mC+cZGQeRdWnkLmJsnbrr3dDpzPENQovm+P1EMU5vNMPSMylpiqCg8H9Zi4LDB7JX9Kr70SoLtx801i3VZvUvMkd2kPwRXeCYiau83tzrzMjG2bnY0E5MX366LEiQNSAif0IyLIXgqUeRX5+scoq6ESI1MfT4cxDog6FrmNyQfvL6Hd+zwpnG\/z2Hs5ZQzMMHLFBimuHxLByTbIXDUu3U2E5caIOTKmQGj\/0UBQJ0dVa7gsVAOfdSQ48bI7MJIslfK0IvYfgghlfENbnRYTz0D+G+5E72qq3vWjbeqOxjUll0b0RjtKb\/Q\/MPjnvEvTpMzEDZF\/oKU\/64bIPw49aDx3BturycTQQg7KPwq2CHf7OiFV8BE02nokxpttGKntADhPnFGGSczONVdlxcgjT++Io7qFYiR\/aI3RhneyO\/ePwt0Gy1Rf7ht3w\/bhuxyoSanPUCz5nCcv3zvGbq8c9jicwgPi6bAH0sjY6NS+cqCIWRXgs0PBarkz0JvIGvtniVo0lL\/U43E7kMLsKhXp2hXxkEaam5iBWgiDt7VIB5tc6hlpTvit4hWG2BijjTt4whHNRpqW\/XTdbJpTZ5cZvAp592BMD9sZbhQpFZ4xEYRvKZDAT3k6BApTCGAx4IxGQK\/dUR9KTT\/dYW+USPTW7SRfyHS4pHxS5PEB6Pl+H8OsqqH6PYEKNxdmmtNqj9WOL0fXOnrW0bfO1qWwqsLK8sOlhmvZmWnrSeHy6yt\/sUNfqPMeAgvDGVhEmbR+aUGMZdXva1Npa1jQxsF\/zYkczjPRLNjbwxNxyIbIF8ztoGBhStsll1XRGBCRc4SmIAePBIdrAUhQc5LLIjenibola5KiobQgtBRUoAvr\/LzW8VlpVbDXE9lpm9MGhY82v7theEm2lb6x+uN1As6cUkvt+2KCCQeRMieg8W0NaY+7UOoJaWz2rTVpXURAItz4T2cnR0ylqorms3CI3D+QG2fgdA+MPiQ1KjH6luGpea7p\/vqDQfnusv1o8L0lWwqV53xNGSgwQIA+6eOzKT5EV8nqqbwBbEhtPEFHDixuWUA3Xh29iwmI9KLzUViqD7ANVbfe\/\/QWTuVy\/6HtM4VHtnNlRgg3iuSyoBJeW7OWpGRkgdZTE2lEyXV9pdwvhvkaKaIr7PH5ggVkyw1f3ywPhwAxYUvkmwBfrdmGr0crQkqpaiJwvI8kEMokuKovbm7WRaPYggOUYdMJoVdT6nLPSA81iJ\/b6pIcOyvffnUG5ebjedDVpppzBx1vo1bycBUr0ur5+XIVRHHkZKO56mIrPL5m8yp1u7cVTkBUwAzTlykZb3lRbJIjggPsDk7EVlWVzFo4xRMsB6vAxvOxu8ruPddo16C0hfZPjMXALP3ljQLCbcFCntpipBkJFKOBV63UaEgt1Hk3KiX96oxs6sYUr1dqCmw8Cc+\/xyVZqpdTvEKxIpR9OtRXcVn9nhd\/9Xf0kOzVFp+ZjGyGnDW4dV11Uze6ELA\/JKeZoq04f5kxsrhgfVNhQS9JgPafzWKAhs5IZZmPDNOcpAh+AvpeuCRJdP8EUU7QesQNp5\/+o0JnDnmsRxxsTkiTSq7zkvppkejN9V7bdD\/8QQsEjcznGZEQdYVfbcF6w+Rugo1sTn+aFCpdU+Sj03VSkg0zslN4oHJ8kslFIVugbuTRex0bsNRjaqlNCdZi26vvy\/grevpDpYF9Bpsn6NVC9LB+A\/t\/Km0+0McrLc4nQYb8FotW3Jaz9IW4LfvOXaVSLXcvwFCAzjdVaUlETFWzf68g5r8il00jl\/tJuXfk8jDZRpHLyPNpkDRzdppX44SZS7xj90iCaYq335w2ZXUoZmcV9abUHG99H0Q2A+id21jyD3U4jtZid\/fsm79rQtGuh5M5PbvvlqXT7Ar\/Tuk0ifv85sSLz79fSsVufMZ0hV0XOPOlUbRjc8I0FIKwzr65KA\/Tn8pKU7xeDeDx8IermB\/dJevsDDqEuukqM2WstywpxO+RsGho1Lc+FmYStVeWdcuI9HK8XgkpEv82qAcPPz886\/O\/asGx5\/sYSXt+Qdvsu7pV\/+G6jvugOmuv0\/hjC1qGsrutgB5gnBK25+gThPQigL9hyFaXYuHx0ZUv8vnZHr3wp7Us9r4Pe9LwuBg0GAbYJFUc3cinc9VYU9+U8GAAWsQXUUWEsbCymkxx46sRI\/+iPktqw6gARx1WwrluhYA7b0kWH0VzD9X98C7nDKU+iHxujj7cEflWUynOajKfGVFbFyQcnWy8\/cpd\/X3l36S2TM5wUyfXWfzMZPMWonlK4jF2faMEGq4ifQZt5tXK2n2iiwycvj70guTC\/BkMrWNV57+hG6AKar2Vfrx\/v7yupK6aZmFuDmRBBW2dv2OsPyFUYVr38tdaslcBXrmBZ1Cjaw79xh2whwx5PyG86lN8iKDJC8DdBbISUR1DK\/WAYM\/d\/980eQqVGMsj2R6RaZ\/lddMiq3CRXmXqvD3tdjw1SXWGdwnSHIxrjP\/YM7y5R2d6M0VzGto\/eiXN7W5TY2zp36fXJXjarI3ArJDZYph\/vdjAiMl4cNDU8XjgcdW21UluTzNrtzy7GWHjb3Xeos13qtC+GOqui2elI0bUbN1F2QYNL7BR\/UHhapp5EDBzp6xeSl6ks1rKwo0YAclXXjUYF7bof\/\/\/2\/sSHseNLM2\/wlXDQKmaytbtrBTSWLt7u3umYY8xnl3swJ27oMSQyEqKpElKmWXC89sXL4JH3AelzEovyoadEsW4rxfv+D65VV4w3otQ6KayLrF1cB3fCpLyqSR6HkKk3+YiZmh+MRzjMFRK5NJpL3pW4n68JAolpCks1ULRrZJqlRYkpLuTUcMSZhUtvcSoAD\/WT6rQBMf8aMlquMXKot4SqatVX6\/kLodsBpwoZRafCrkan54evFldNlkAGAWruJr4jXdg+vpNE5o6QFIzYZyv5Nw1mlqAltntkkRSLR05lRifAiWx9UxbqJT766LDHGfb6vNkMcmDnM7sPE7oJlmoejYKwieeGNxSv\/r7o9xtav2SlLswKm+KKtdeHHoVztq+HCldpjaJDoMF9hw3lt42Ra3tdmnKJ6xLtKbKbXOWMa3aWUQH0Vg63cY0nBjKGMFTYWXex55czG7zR281h7gOlhyAuXl2t52FHaKBCForpVTkNx\/LkMXF2NWj6RrWcxuaDc3gOC0FSDBJ69f1a9fVpWKm+9ranmxYSzjvrd7yOhs784+060FN8qJzkrEZIHCI508pPZrsb+qcOh9B+9MB\/NPswT35wGQ1EV73kqDR74PWnQGi2xg0DecOD0ytjeeyYZVpXVeuwrTTiTnQZLr0tbr0XoOrQ7PhM8TNGTLfVfw2bfj4MLQdXyNsulLmiIHs9qGIssNjrosqZ8wyM+9P3mS2cWEPm\/tMBcZugegSs58RQY4SVLQB0NVF4FESi6S2NAepsI3PHhAs20a62gbH4nn0TZO40d5ne8yMXls3UJNJW58+YlhbfxxdLJtxaqhPi6hVMcx2AXKav56fI3+1xKG4EqvKSjOBqqQWuclU\/ubiHUmOJ\/i6N0b6uOyHZ7pxXHJab0duT+ZCWfXOZ72nhvXGZsqpc0SQTDFLw7T25YEn1Yo+qQZ5MHvvBe\/ljQ1ad3l8fSqb8vjCVDbyRsmobForqN\/sXX4bGeu34aR+f4fwRQ+yS2hnyqMb7UwLieVrcZ7Uv\/raO7ivdbb1tfcZe+okhi6r7Wo7Ui5JyPIEzjUc5KuKPfwdQIyDlfh4nHw06IDgHfQcVxav0VdkzWu7JCuRy1Wa2BHi4xEVZXxGD5SOZB8\/o7BHMOgZMinwNzlwwvmJR04Iz5ExnMHOFZqvsATCg1RKh8Zgd52SFkUwOjSZu+Z1yWgpxCFsXKEROSxza7dP6sRrz7exWIBUDuhkoBkIWtgnyptNl4z9yKHH2xrBjcpvNRDjwV0Fq4jQMDWdPpaNJEVBoQoAE9SGGBpHFhb2v9+RkDBmjRzj9N0azC0+VjfiJeNNcHCiKnatMfiVD7XdahNuQablpyTXUigrDdV0IdVymBttzgqoHJukivUixo8CRO8AZY6ptK9hfH5zJH4TSMsoNrF+ko+pp\/uyOWGFQSC3peUtPf\/Cc+RNiLPC2P96PVWCFA2uhlWklEqelZbCnnp2gEdw2VdpbUpjkJNyfyJkiZ0yqbmJ+Z0KiampftNZXSUC2V9hKCqL+FG11v4YjuXxnIsVCej0uw2vf+awG7OAu47arvZa3lhDiOeSzEAicU\/DCnrZ1t78wO3US9VOTZ12Uzjn4JjDijAg7lBrqpSd8U07nbDw6PeAvGP766oycwbWVsJ745IdjxI8V1EKqM5hHgZ49rVTetw\/Hf6b1OXKSSoAtavVPCHOF1KIfpgpt3NhpixBMqCnyrqdJPDBiTlBV31Wucp7zA3OzbtRXCINaUuUfMOa5p0lNcgK1kMD19irEsfXayKDfAi0EbP1tGe64VkoBg+JHi\/IXxoOW8nkh1tj3RwTHz44JO50nLTwOp8q9kMBAwG\/jvdfDdAbM8OtiJvUlaUwqxwoN1T5gQgiW+cYFUQu0yuWv7D0Mfij\/pCYT4Vr0OBgbvlVoy3+K++PbekUNoN9sD\/fe+R7FDQwd1Rv8loyihCWL87xot0LdrIRW8r5SXEMDk0hqMEFxyve7aTAsIf0PMRm4Mkxfn4Xp15ZHLa+VMzy1tOvfGrOjp3KTM6quU9MW638htGz5\/acYapxjsPEKNqO6ytOLFJgf1tqVRcMx6W9sVctbEoW81wlCvJbAv1cbrjq5hUW\/y6ViFbXkWHwLiNsbV\/zko22YaKpS3DvkwsyGmdcu5N5qPggPeaEsW4eUUcZbq7C4jf04LpLgi56anB7upOLsU0yQ0V0K5xSbrXCqlftNVH4PlXyfs+mq6\/G19rE5VMTn2G42iA9T3nPu34or6HU7C9wcFyS3ROfLRea7q6lKLBFL3LE41Jsw8rv\/Q4q3nivWALZxGg58oqZY4zWi7OWwmabDQwGZflUGV5fnpKqpKHZcdxEox8ysvBcCVuJDSq8IsBr0z4n388mDfmcUtRUl8NhGUo8JVIiLBEHxdFb38bzgm71Iav1cq0AW\/FGyDiWRuw5q0ASti\/a0D4Lr027\/C5mdHVT\/LVr3GLuy9XgMvx+a79zl4I69SRYFPzWLOegm9So8dnDhaOYVTOu6QjZFmOdVGqrmNDVmVaDTrVecJpcRMlfeThpcpERtxrmocGGQzfxteMFdd2FZQRjgNLcfPYtx+qZ41QtuWw3rodQRakCXugQrQE4O2r8K5OzJQ5+IhKmwm6WZ\/lkW4v974idzQE4LJyiwdpaYmwGByTgi2Ec6IIdIg62B0yPcka+GIZuJk4bSEzbOEBsncStPMtlB4xx3uRZDxxnxwJKJ7kIEC7POPQ1Oy7fYUjnQmEEwpu+9KvRvNULKtfaiG9lmila+bsUrs1daIcpCFaCwTClhctXpL6yNlPrOlJk0usbrvYF75NiC45OkJDQBjHTzWir4ArTC7R22xKb45CwA8ghRWdUDML9NJ29INYNg6oUQoYH4YTpJCmWWUw8SAQsjQ\/zIQIbOKzbwhvGaSjbhK0x83sRFROhiWt8pjbg49IbXgJlAC07rW5Vw+KOOo0LpxTC4mKTq6yFizpXxcV0wJjp3UzbYXHOlviy2XGNabLBOmLdqbGkTw0dSrcQnCkxd65pT4evvInH+zm8IqmCvTsTZ33lgesFgypm65OD3mMFQZzg5G2gmQb8nvaVah\/1WXjTEh67jDncOni7rE8eYChuLJRQM4OyzPJGW5mllmlfowxxbeA1nPnorU3vNqcSibhg\/lu5RUH56nBq6ReL8rLpQRch37CpTKJaFgzx9ZBjjzPMcbAFlEVIQxigQMpnDr6yKlC1i2yDYvU1nhxqRZnGHWlIcYNuskZbQhtFYh9Fr9MLARAAa0oFJyC5RY8ZPNFv6ArLpT8ALqIi0YlrmJq033JRkj\/41PsoPQQHFD6MifRO9RLFZ+JaKIkj12x6C0NnG5eS1ItxJZzt2C2dRmSiac5c3LIMjb2LgvJdF8SHYXT8DvpmzEZujOurGLeuIncMaiwGdmrqNx+cQ09zJz2orskgNEBXeypqK4Sd5VJE2FkbjMv7UqG5rpWhLBamD0Pe\/T3ggnA10OZe7GNKtERslxHXkAt5kzSYF3hDE30SBgTJWI2c3P\/\/mrYlxhrAaSTwZJ1ebEGhCrfI2MXyQYMOOMCM2F8hyyqo4p3Ey0hzl5BdG6T3C26\/nbKusHfy0RCibzeDxVvX+xOjBrvgZiN0b6tbJGQ8KA075YVmqjbRUu7OkcYJdlk7sapK7q6ycs5MuU\/q4EZArvVsYw9sbiqMxx1\/DyiyJzd\/QeebRpE9DRMchYN3PUTnRZ3hUpud6GU5nSqZPk2Tr4WbMQbimTLSIucMMtNTExvrUae3gzoT6kZ+K+5HCTojQP0VVcprx9wbqQV7rvxyilFFH0l6ddBVVF8vVlen8E65855Lr1wtrOJqIpF7G9iOUmOp8EX5XMAu8XKsstMuwsZqAwOUyAxM7OFkBV5mEKdPfbzhkN0Y31m0ZNk0XrOSpC1t6Ufxx\/tRngTp6IHDCbAha1SVkAQppiph8bI2trSRoqpsbiQHHYRC2FVUDmbkcDdpM1LCQai6Ci4AnKWW1U8Ez+05q+lt3kijCGtQc78Rd0SWvIh8LWB0VCwn+TaAUwLz2zu4wea7rEhRIVI6KBQ9nS1fbuFn\/fGoas+Ms0ZRP3KJUdZuLq+dsvuM9dhcD\/E8h+u\/Rd2tO3FuW\/lrkK\/kGtxKecvUC0uVTXKW6Rjxlhv\/ihdvOxrZsy1faX4oWDX\/lHOKdmF2V19xZxY8LBpWa+qwEClFXGAjf1N3LSs623SDCYWeIxAQoTK1kMiS7qC53dq4LqJhCNJPTxEqkJ7sVsZrKyXClbKXakD786TZS\/F2DW5aj0gzhuSF7rTrZbSb5UpZwk0YH3th+GZ6q34zyqqarQTVc1zhN+uNSfE\/ydPazuE9T71dXOzATVh5tCi6p\/Ma5Ou3VJcFCWls7RlMJOk04qrDUcUDZNykufyT4sVKUtsmW0Pw\/2yewBz6mMX4LnxKQxf3kTwl9pim\/1RbYArcylFctd1sOcpKMQDnh2V22cAJ+VljjecpN10XKgqC7Cm\/LtmafSiRG1OZI02Apr3uCPK5FJWWMbj2tAitonKutKqwDbM8KUlFvJgXWQV8Kg69VctJRKvoqXTe7HZ6bAygl9kIulpbBCiSG0Iwm336r\/tRWWX5pAMxLUcPhuwMSKBR3OJ\/btP207FDB01R++ljhxP6a9R+eszaT1X0NrBDe2+3NijopZyABR8CMK9AMh97+yoMw0sMb\/Nhen4ye+S6wpvZK+lpcDFKLTJWKO8FBSZlhdR5snl\/ZGWu9958fAFahgR60GB4J\/BBS1wZ7eUb556i+1ECuo4RDVVhFSrwZoaK3P5Zjf8Fg6XTMZAKpEFRZE8PnbBOH0YQwySRYhf664hcxFU71xK\/EkXIoQkDnU0ncsyPtCCo1EbS+gBoWJ9dhC6FRu0bCRFPZ2LsDC0m69divHHhLZGIfO9rORlV\/1S\/YAxuLu\/74JUux7opB1wyWlIY3j3DPVc4Z3aP9aWZRKfjttaKNCZ6IBIbbFtgo+1ycBwCOTDYqhg3cgS\/luKoquZon52kepoSZANrEjabjQaXCEcB+VS7I3JY5+0awNxr3Ju1bh3RnD5PQoRyEPlB79nufVWWc26yhL5XDdTWZWS4szA3lG1QIqhlD7nIlIlrQYjOSF+TB8oLSRTEBWQ31rc04hAHFApkgjXAnyeMSWI1nYqC4c1sjo4axipH9IKu3gzhovo+2PWiFdCBvsSgdiXkxt9DtMuKhuLglIYIDwr\/k2qHbgex27Jwui6bbkJL7nUWuxnduCZKyxlvgM7iMyzUx3roDJo8y30xFu28pub54DLk3LStUEodnsoIc7i57qp3xD44tSbYTlA9mSSo6dmOkiJuHki63h241jj\/KZSMNVberqRaNwsqvmt4vdooMBLkvfcVz+\/utmifFUj9O5FX5ZYGRWl3WB\/9Lpr70cLP\/SzxT4mfxH6Y+GHlh6G\/j1ESlqjyifvwWArZos8cZzq2ilpOkNcWWPcu0XYcSwny7FVWfe22p6rKUj\/w4zQ\/VX4Dj9oyhfxcBVss1j+MbbeXbtZbbycJkmI32yAwrMaqL3J3xQRN0FY+gyaHRPFDpHiOkkCVV\/hoySYpr2SvkUKdHmrf6aFQ2X4KO41UXLWf8u5TmrR6KNLsppGkSaSWooLJwGap7FT2IOgngSKBAFOCA0k5lsv5xo0kW1GWgtgGegN81gW5QlBWfZjKqWMTfGpVp\/Iy3XgneVoJOBQjuH01YaoKQXBNxGnnU+EO82R5kzMhUBgM4NZnLm5m40uN9a73ozIN8jLKKpHQPigjOaE9jOpLcto7tCfKnoy7Ik0MLwblzMfqrL0sqV1YGkGdMtnHVUvWiGHa5YSN2mKT2K5Y7N7DijyGlUQQFD57IE87cfn1zG1vy9Wg7SwSGcpxL+ZJsEMCWwEDZM\/NWfKAbR9gdIvtog51rsrxJEt9SeNb8XPdgbTZH3\/uHPULVg5gZwX4wJt4rVdjjq\/8haJtEwTEICacRVuJb3JIatMtwH63gb3a8SizQBtsMq6t0SUsoJ\/WLOw2M6bTlzrEjPckM2Yhc7ibfTWarmsRXJzxhJr0HhbtOayLW\/78YtU0ZLVPFEKdU+WD8h2uALbe3O0itHtE4XhsnLgO57W2IHKiP9Um\/x3Ih5DAm9x8EzRJUpH6dr6LRNTQhT1qqMJ\/TEHfAY2ScFap18Z1FsNV1kHTQ0uTh92k3EXoiO48bIr0wqB4VHRFGFTIWQxX5VUN3qxmYzchXnX+Val9FVR+jtKZIUb7r00wem9n0qy6SWMD9+pw8m2rFP7EW4FmfcqM561SgbGtUgA1Eum72U12rcvgkn0ekodxGWwTFMp31vZXE+KftXjT9XeTQrlJHaRzWf16twT4mE5zkoZYnADldbMzKKrm\/9KpSV5Daah+yaJkCqGPKRjyNRSrekWqIJ\/Mcou+cwCPtIKDZF8Spo5R6GWxruzJ2RoqdggC9BfT85O\/uFWRCSZocgziVFsKx0NpL2ifna8kPLaw1daNN6vJFlVPCKUWkLPXimyAyRNlT2lt5T9p0rdxePYdwFxQ5mgH66uKsztv7v3Jm0milozEvrQ\/i6VZgdSJqIaOWYjuR4ck28KSoHltN2x0Wh6kk0+6\/K6gEp+odeK4CI+0ujZQJH+1scF7wyskd89rcyph+mDTQNPtrecC\/Yva2ADFNjtUIHE614QLUWkPRVBpHfitpnmbWyIJreKlcOrGMFdl98hkAneIsYNb+sz6Inh8\/Abfa7AGKK6IFj9IsnF9RrsqKyZov2+HZ1LuggSkGFKYMsfG3y8KcnQ\/KuL0MHr4hjiYK4pS9j5pt1gTddlek3uTJ43932atTU+EJVWf6KMXlJmCnz2OF2eHVG\/K6JK9TGWuOkj6lkB6m+R83EL+vBk8CcEwoY370C0mdUyIEOVhjM4UTE22Lop4M9mipNRSuEgj3y0PLylBPPY\/ApeffdVF3VNAaJPZUoZmimmoB1B7UIP\/inqyBe\/kBOMiudaJlhdFtJ2ig3\/NsqPWOV4aksp0nA7xdD42Meto6kXdhtQu8tDSJNBJZJXCcWKSZhUajgo3N6HCzSWGSgYLznvPirfAcYuhIoxxi29GM0FNV90ANDs5fLwfJVkQ4s1cBFYRYA9V9KnUc2H5r1Qi4F0YF++KKhkbK0blqc9SkgsqiqwYPYiu2aI79ko5a+MQ2d7mWDMhe6Hgrxg0qLorU6pKZYhpBYy2WnIH7G97KnPl4oJbnlF\/o5e2o3pAyByWQdLK1UPzN6XzjDmsWezcgYVVCc+Ww9tpF45uKKqwZ1UNEgWXgHAUCvZjVY6Fnarlwy4y2deVJXhhNXCmQNqwvmYPlsXOXl0u4FoKE5WSdfgJLUwEtUOwykXlXA7b0+RWYnank4YLmYiISKWaxe+K\/wfSaVxWNY+EfkYFCWqYbFEUnGPoXdj3gjgV662q1TGvPtUW2+M1TC4wSeoA7iEnOGJVgBVW6wo2EaPjioR6gOsXQDF11gFaE1\/YqR2gW1oDqszTSD3R4+1cta9Za12h9EusIpDeXhPeemdPymxfWQJHLfJn7Bpud8NmZS9N7YRyJm4FkZ57UfVkXAm2cpPD02J11YNT5dVZ1pdwdxrPL6yx4CNvhmw5nbNi46tYZd4ZFfH+E8jeytgVL8yqSu25+ESBHW7M1siNSXtJnvXbezOblMVL1FWUSkmRrAD3b7dtzCCQQ45ey9dllib1W++UdRTj7cwWF0TVIlkplxc0YLK194mfqh3hN5c4OCcF7YNqDqNT+UVYyOqG5ULg641+fJecjd3dib\/VO8PftSbPoQjU7fVXZH4W7WWym+x0c9XlhGU8HsYP4zdIQYNXHz5ou0YFQ9a4fg4QQsV4gqk62IS4Pl8wNIwx2NqYrZrXx9aZSxVMUil\/6NzABGnSzk9KK8XuC3kMvOAkZWTAaw3oOj8jV8Mta0wGsJ2ZTrur1d\/O9Prb2djUOkZRK2VOkPAgcjf8tXbCJnGtxO+c2ZyCvu6c8c1brnw1XgL8A1F7AkTPpkPzUSPOdoHq+1OS0DrGffyMQgkkxXy2\/Hp5u1gv18K16\/zEm7vPEf8kPEe2vHAS2FXtXdhdScc2\/g7+X+4KhNLapmmKeNl97uZziJfD2p5TtysCO8kpJVQ+QAGD+bmC0lNlAWz7KwfyKFqflvEBI4h3X7CxlZ\/sksQoqycTlH0JJXYLJUaZPJQYnutCicnvrqHEKFOFEttHDPd5OEQMo8wh6rcvgY\/6HR7u281M63BflL1IuO\/mWvzoKFPECKNMESMMLVI8V8UIowwUcRcECaPs2kHCpN1NK0mbmmpeJUoYZ8+q\/fu5o0jwalHCuJ1H1aBfFiXczAJT+O30dx182zTy4uBbaT4g+CcJCkcPvm0SVFZwskIavmyl+gym\/AsF3JKsXz3gtin2S8Dt8IBb6MLPEHBLHasvHnCLsi8BR68ZcET6e7Bdq0n+BqN94BR1iPYhr3fzzybah03ymtE+XMmfO9qHrc6bivaBKr18tA\/KnKN9iDpG6oNlZ5FG2aA4IFtahheK7Wlq3SiOgl11PypQiSrMFObAhgdTThXZw46C7GBk1bX9IVf4t96fvMX4VQKB2ibQ+uSyCnaPoj55DQrlqSwiaEOHDOlKaWJ34Psi5MCada7iV4n1QdlknwSVkboIZ9i2aFdkZQmgh4ocX9LPHbJ383OfepPZfPrVRQhGZqnz+l7tcxl0p73soHTmRpnZmXv+qs7c\/z95cbc9f103Z5QB8dIWGSFhXL2Erf3A+H13tVa3384h+3P6YmO5aPfGPCxJpb7Bd0ln47ZGuWhG\/1FttC\/istnoNM0zle3kYU3A\/poK\/8KX8pnUVIXsCllqpKXsWd30roQm3SjlSqisgsmL0Kh\/LZ8GeeILioC5XZgrLrFBK1LaCAcAF9HKFKtaxNXgdnO8Oo6RAyYHSkV9i+CoANiiutFeGNKU4m1ZM7MwGmqjj0q9Xta8cGSptjPuEUdus2VZbQCc\/I+suKJZ4Hj3Ln3DC3uIArpOoTgrvmeGqC8ho15oOZX3I3gCmnG9HVSScJelJUqrPiXFDvLP+frbqeeNNLW4Ix79FnbKSZbb6Q\/EY9xb7SInNjKNU5DjSG4uRs\/Aqyw9oFp\/6Zsvr7\/nZbmXnSq89XJGSanvtAVCGQgatDqQCwK4cueranAYGF21GGYsSA6MucX+9FDnF7s5zFy+0UOZjTkNFiwlUFgb8ZKDt7XC0oMZf13v7ybH36\/3d9OAz+79DQb4bfLUXRQmz1rlYLVNKIawJMhLhJnM8aerbI3VNvF2QQ4X7ZrefxgrpFK1MUyGgDLBPaKK\/Coc19b6DDfaSrE1LfVt+7TKck0Nq5C2SHB7s5FYRq2YOIv6Q3HXFvRZS26ezy3IWoRZubxVzsrfVSRAaw4Z6iHe6l3eQiSAqDpow4GcowBaL7AB6hBrX\/\/e6+KCzh\/kuO5gaFA5rnPHmK87KHzzOrm++zZ4Sg5y375Jn6PJPj7IPCMphi0rdq1LdMKqqrHeiVhqMAD1aamOPeI0Sx\/WRLLuFmZDZzaYTCyagFe10WwkbrHLKSc\/MoyJ014xaIz9aypBk30vVWTfDZmZBPRJx+nU539T5VrIKGN6MX7TXOSx5iQ30YQztE7Y+xK+JD75Myd\/g92OfABJm3yCgMr+U\/8GEOaRT+UvY0O8JSlJ8QNkW6uQ9QQ6NA7MTlna3JildV7QFwpENTJ7+Iza75AwKApYIAtvocoeelTTNfC7UDpOJZR7s1KVgdkNHZqgrGyUJRI0xc7kpceds69vmFUGpERNStxjbGrSX8oV8UvtWPG5Oitl6RvLQVTm\/Zhmu0eb3tctw2327Kt\/InPdZYAvXKddmeKSWapnIaQSu1lbUfcVU9Tu5wVQt7rOvl2Qy27dtL4No3tMGaFl3jxxpAY1qaAG6b3xxC92wiEshOxoMBAM5\/BrsyNJw+wUcWHKoDAicjJjphROyyzJakFcwnzqOnm2m153fFCWmKrxxprNPv0X+GMFIbhr4oGRebnr3vawa1F5PvggTLz3d1mI\/LxA\/uM29MvgmPuNzbFm9AD\/CxVhkAb+6NvqMU7LLPX+\/ilHRYIOIOON\/P8IouwY+N8WcZD44O86KQGcwvtv8THPiiqQUSsz1Qw\/lQl6jgO7RnFvD2zU6N9ylP6FZLUb+W0bhzeiXaEYyAJLajnmhwyBH7IK\/Sry8Tz\/5ZRVyN\/Hh0Y\/5Uczn4SCRUs\/WvnRGsSzSYJChD+gT2hbZE8+9qhq46\/GhLnkKoWwGXvvxzXEKLcLHVqHe9qfmeYmtSdxPaCrWVsPiGKj9jSivb9Zo2PnKYSrAi\/5s\/HYfmDYuKNLxybgOm5c83FNpLLt0ism7O\/+9Ga6QkeH+pMrI3i1cXXXjGnfmjGj44NcXEsmt9TLyyb5uJZeSKbTgMJxNvZlR\/EhwkwyRIVUNhUQCh6rwx37CYAPTir6FqbxMSgemUksxEQuZSeIopJJnD5CHYOXqw5oITRQQwN6FoeNQscSjulhycSw08X1Gz6kdTgqo5k2gd9E0XbRs0WWoPsReTp6aL9XwXb0MG7CPZiRJBa067VIbEbN5nD3h\/0+DGTqDvYsDopHrOoqghLcxFnfpbs\/TPE\/G07M556zsu5dcdgG7+arld\/+N71ZrcYb4XoHVYR\/NhJ5l\/2tCYhvmsQRRsmporiDDUZU00y6MLqZzHNZM6c+\/vdmLW0f3Ut8++jf2vbBk91ORohlaGBZZfmk08fC6nrvO6dQ+4iYU5Ioek4jTM9hXntM\/yb4ImJXD4c1G6JJfAwO3TYfHw9+Hu+qU4H8cxwioE6AbSZOMMcDuZQMLeBnbBR\/fz\/qlc7kR8YVkDwS2iq5UzQ6wUmEisbggU\/DcodSRH0vguMkmuGPTxF53pyQJCBlGyRBukOGAjAoRRUcsBTWF9MJq1BK9+UpagQ74X60Xu6iDVV4XqCq+mQouy+vbxAqsnH3Eom9KLtfm++S8hWhEFcp7Rt4ADRh5E8tcfUzGuiWUus7Vs1z0D6zqQitUhyDREQmFgzHQzugaRj+GxQA+tY7nbxWpwpWFhxadVGzHKvQUHi0fQCXz7FsrGVjYw1e2QM39NAMPVxDD+Egg2soTu2nqn8vbCAcWklaeusZ19GnPEKt01zH4NM+xQ\/JF7CRJvExBn+CoCjvvLVcZf5iDaEkcqraxyA9if28LVDwOHnKinBjs\/G9WJ0bYbCKOnmwuUkq62tXOabQceuLQusQ4PNjvHtEBbkxyS+w05vpUobM8SIdQg6ULd\/2ZqVwIyqpU1sf3NxfmPsf\/lNih9Pp7H+MyN8\/N3+\/bf7ejlSZgoeoLtPp9Nvv\/jmfzv9Kcpr\/9Z\/T6XffccX8ZaTrx773mD4zlzvCf+1Ka\/vfNdO+x3RNkMxvzSj0FW17n\/z9MFLdSJIIO8XczW5Wq037BOzuMFUB0gU\/I8bV7vm6lYyb58S6cSd1LCSVD4qxxL7yM\/z2oHmjmSmBKbH0DfLTyVjyqRjXLKDA3ehfvvve+zFBz95PQVp63xbBFrSY7OORP\/ohqzLulZ\/QIUPe\/\/yXTm87+htCvwbej0U2ohSfm77E1srxqoWCzeHVSuwn2a1kji1X0km2kk+yVefS9imtIlTGZWf6x24v3G8Uahf56QwR+mk1SU9HVMQ7uMClIPClp2NJzq1G+AFbCOzbigOinbRYTvnD\/5VNMot3uulrzEb7TjeRjdlQ74gH04ZHl1LJnF3D4vIdNgh0xgCwDJyDwocLGj4E8c\/w4ZTG+G96OvoddCL8+tB+PR0f\/J93SVCW7+9H+KcR\/eCUxsz39HQcPUhb+vlr5em2vX5Av3SftvvkG38\/kb90n7b72ION2\/G\/z9KM3+q77f0U49fxtcof\/fRXeHny7+hwSoJi5P85S8ssCUq\/e0f0Oj6lMVR2so3D+M6L4f3KuJWIhgeiuW2OhAfjYhqewcmyBqzDWqcaZs8ufzWdjlkVQfdmf\/T5cPSNTX2y9cnBB\/eZsAeITNABpaGxQwamPtmUre+KJiX0hKmJ+tuyqYkDU59syq6VYwjyjD+7uTU27iYKykmvHGqlC7\/TU9KKo+ZHWNKSn6lf8YP7UffETn54Q9U5fZbeqS20dKR+v0ama8OvkXht+AE9n0rvR4Cc+enPwu4qPhr5ox\/j9PDXID2QX\/8eF8EhThtp+2\/fjfzR9zGAwWT7yvvP4O8oZsTxP\/\/rP0i6n7JTsUPe34O0L0p\/2Xj7VSUH1puuZ3+x+Vp2sXG8PL\/cvYbAnIK+C7Pzxruq0VefqozRnWqWg3FJU+9cerWArL4Id1rhjt1+bIQ7mMCvLdg1A3klsWptK1aNN3amN7qOVxB21jphpynmQoHja2MBb\/ZI\/WhU430MTJq4f\/1Rst8zOzz9\/R\/B48n7W1ZF8Q4UUz+M\/NF\/tg9G\/vcoLj5l\/N4PJbio6T5jjWQ6vM9TnSHn4OfQ71mfgxvQ+rVvYvTnPCoAZd3FhtTOaePJSb1z6cn58YtWyXRysruMzckJU\/61T86PwWdRSMhOTtViMNX9pdUHH4MXPlE\/Bm\/7RH3MTCfqY2Y6Uf\/x75ID49s8T5D301\/as+EHBIvi+yA5nNLueODOBcjI5eB8+YJl5+OLlvo7PgbpJf6IUD4JksT9sHvMzIcd9c6lhx1k9eWw0x527AZgc9jBxH7tw64ZyLdw2Jnq+NKHWlPMyx1qTQFv9lCLYtOhFsWmQ+0v6BykwSEoYq03A\/PaP7IoTrOsYJ\/+EMN1IMCeDi6n2yvWQHbMvU7x1Hm3etOOHZq5ZjyvqHcuPa8gqy\/nlfa8Yte2zXlFz9bXPreaAX1DVuOmRi99SjXFXHpKyRpCCtimplNgm0rsb93O9h1KD0Ei2\/26be67ID0kgdMe\/0L5N5auq2c+bH9eyvfn5WfYn7epeX+m3rl0f4asvuzP2v2ZXXXy\/VkykV97Y25G8kob8\/IKG3NToytszEvdxtwU8xIbM4l4gMhYfn7hCdVONfjWNERY8lWwhRHHa16\/\/kkkR0imclIVff4wAR7GtfV8aOOOijZCYxehM\/4QxlS2xxgYRB78m+S0g4BC\/D4Jj+eeQZB\/9wgyK7KUe7F9yrx6zM5ImuEpJ4\/HHZVAXe4C2D0nMylGUBtEiYMnG\/yNLqIy3hfBkQxRkh0yamCyvpHHIE\/ibYEOyeQY5PjlfXyA5KSHgqLCn45BLtZKF4kGSIfAfTOBWMsC7XEu7efg56hA+\/9zP\/rDPi3QHq6HXd5yUlZ9P+BxPUlhgiBubyjWJM51sqNQESUlYNxAJYVZA4PT05QQJKIeU9EWmqhFjlLX8ykKKqqqg4CKIB8JcmEHqzr9atPuFg0wIYW5Kqe9IpkGz+6AcxsTah5knKRO2HM3S6tcAxFTrgNvZ3OcW+WnxPBaqtNUtQklmEGrAkAnV0QuKAbDflIzVfPmU0tPh+fsfKnCXpoEpyYw+zQ5Z\/EO3Y\/2cQpKtdFDG4iWIK8KLU6Hy0qAI9mrotoZ19Ow3ESaQ7wVsCQAFr0K8cgSZkYMiG+9c\/33hhMIFR7k+44q9wMAZCngt7rCTYXcQoReS3i8xkyQQM4k0g7\/pm4lMEP6yl8xnLJdd1XBtmxJ+8y8FX0aA0WkO\/BrB7zdJlFCkTVVqIM8R0EBk7Tlf6HgcBlCmClfnx5lBl9h8qBAacXXAJhJezg2IGToiO0a8ghMQnwzl1PnGuDALTgruqY20CrOiPJdBoQ+tUQJ2lUUf6qBOJ3uM4FBVcOr1NebwbpRz1fMdGv3KiYPsX25PB9sX92dVcA8c3Hu4jfHdgA1XV0wsygjw1yAAs3ALWMwhWFY0E0vWQsoAlTyIOh9Ui7sk5xYsH+cFKfEFisXMhEEoSaLuUMeFQtzun9shR1BHhh6vMLEzZ4Svpg4fZy3TNwYYlOykWiaXl03vySlcJU5RNOdKKc132F6fszghMaTj368g+MAP9UVSgQPkOK6fUmU7FbeUhA91xohAACI6c7Z2cDV4vo81oaWLzSJt7IhZrjWnUelQHtxhpOBNuNAL3W1LdBeP4NmrnU9CgspD3JU8PC4bbdYouNCzs+1VRa6xu4qbkaoXz4H6nGk9gN1BrtEvZRUw3ez0OVHVkmeJfejVLpC1rqhbvBuJGOtTpNnusm8hsm8FCaIYcvfdXuMeoHcrJw3rizLvV1c7IA0w27+uaAzd0UQ6H99l8xcuwSFB6Q6wtSp0iwU2grUPEJGTAdYrBPImMy15H40Gz3whUSmWnWJ55ckXkgSL2wTLyWJl7aJV5LEK13i5Lp7aIGCXSROiKegosbR9nTFmTGdKmSs7VY2\/VKafmmdfiVLn6KD7hJRxFtTZ9is3+CAUmHtmhYZTtSTzkpWw26mSQ5yso1ElYFVDQD6ADBSmZ1HKrK7HyV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:where([role=\"tablist\"],[role=\"toolbar\"],[hidden],button,.nx-theme-toggle,.nx-live-slot){display:none}#nxe-n2pnq49h.nxe img{max-width:100%;height:auto}<\/style><svg class=\"nx-defs\" aria-hidden=\"true\" focusable=\"false\" width=\"0\" height=\"0\"><defs><linearGradient id=\"nx-gi\" x1=\"0\" y1=\"0\" x2=\"1\" y2=\"1\"><stop offset=\"0\" class=\"nx-gi-a\"\/><stop offset=\"0.55\" class=\"nx-gi-b\"\/><stop offset=\"1\" class=\"nx-gi-c\"\/><\/linearGradient><linearGradient id=\"nx-giu\" gradientUnits=\"userSpaceOnUse\" x1=\"0\" y1=\"0\" x2=\"800\" y2=\"0\"><stop offset=\"0\" class=\"nx-gi-a\"\/><stop offset=\"0.55\" class=\"nx-gi-b\"\/><stop offset=\"1\" class=\"nx-gi-c\"\/><\/linearGradient><linearGradient id=\"nx-gp\" x1=\"0\" y1=\"0\" x2=\"1\" y2=\"1\"><stop offset=\"0\" class=\"nx-gp-a\"\/><stop offset=\"1\" class=\"nx-gp-b\"\/><\/linearGradient><\/defs><\/svg><section class=\"nx-scene nx-es-scene\" data-scene=\"text\" data-ground=\"none\" data-es-org=\"gra\" aria-labelledby=\"nx-scene-title\"><div class=\"nx-scene-intro nx-es-intro\"><p class=\"nx-eyebrow\"><abbr title=\"The Global Risks Alliance\">GRA<\/abbr> \u00b7 Climate and Nature Financial Risk<\/p><span class=\"nx-scene-rule\" aria-hidden=\"true\"><\/span><p class=\"nx-scene-accent nx-es-sig\"><strong>Spatial finance<\/strong><span>Where capital meets hazard, exposure and transition<\/span><\/p><h1 id=\"nx-scene-title\" class=\"nx-scene-title\">Financial economics and macro-finance at Climate and Nature Financial Risk<\/h1><p class=\"nx-scene-lede\">Financial economics explains how risks are priced and transmitted through balance sheets and markets. On this platform it links climate and nature drivers to credit, market, underwriting and <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 liquidity-risk\" data-tk=\"Nexus risk vocabulary\" data-td=\"The risk that an entity cannot meet obligations as they fall due, or cannot sell assets without large losses.\" data-ts=\"NRS-C1\" data-tr=\"draft\">liquidity risk<\/a>, and examines whether markets price them.<\/p><div class=\"nx-actions\"><a class=\"nx-btn\" data-variant=\"primary\" href=\"https:\/\/globalriskalliance.com\/climate-nature-financial-risk\/write-to-us\/contact\/\">Make an enquiry <svg class=\"nx-arrow\" viewBox=\"0 0 16 16\" aria-hidden=\"true\"><path d=\"M3 8h10M9 4l4 4-4 4\"\/><\/svg><\/a><a class=\"nx-btn\" data-variant=\"secondary\" href=\"https:\/\/globalriskalliance.com\/climate-nature-financial-risk\/stem\/\">Back to STEM foundation of Climate and Nature Financial Risk<\/a><\/div><\/div><\/section><section id=\"nx-s-1-sec\" class=\"nx-section\" data-hue=\"climate\" data-tone=\"alt\" aria-labelledby=\"nx-s-1\"><div class=\"nx-container\"><div class=\"nx-section-head\"><div class=\"nx-eyebrow-row\"><span class=\"nx-eyebrow\">01<\/span><span class=\"nx-rule\" aria-hidden=\"true\"><\/span><span class=\"nx-eyebrow\">Register<\/span><\/div><h2 id=\"nx-s-1\" class=\"nx-section-title\">Financial economics and macro-finance at Climate and Nature Financial Risk on the record.<\/h2><\/div><div class=\"nx-section-body\"><div class=\"nx-es-fig\" data-es-layout=\"workbench\"><div class=\"nx-hero-panel\"><div class=\"nx-register\"><div class=\"nx-register-head\"><span class=\"nx-eyebrow\"><strong>Method record<\/strong><\/span><span class=\"nx-eyebrow\">STEM method<\/span><\/div><ol class=\"nx-register-rows\"><li><div><span class=\"nx-register-k\">Method<\/span><span class=\"nx-register-v\">Financial economics and macro-finance<\/span><\/div><\/li><li><div><span class=\"nx-register-k\">Steward<\/span><span class=\"nx-register-v\"><a class=\"nx-link\" href=\"https:\/\/globalriskalliance.com\/financial-stability\/\">Financial Stability<\/a><\/span><\/div><\/li><li><div><span class=\"nx-register-k\">Applied in<\/span><span class=\"nx-register-v\">Climate and Nature Financial Risk<\/span><\/div><\/li><li><div><span class=\"nx-register-k\">Data<\/span><span class=\"nx-register-v\"><a class=\"nx-link\" href=\"#nx-sec-data\">3 inputs<\/a><\/span><\/div><\/li><li><div><span class=\"nx-register-k\">Checks<\/span><span class=\"nx-register-v\"><a class=\"nx-link\" href=\"#nx-sec-checks\">3 validation steps<\/a><\/span><\/div><\/li><li><div><span class=\"nx-register-k\">Canonical page<\/span><span class=\"nx-register-v\"><a class=\"nx-link\" href=\"https:\/\/therisk.global\/stem\/science\/financial-economics\/\">STEM Commons<\/a><\/span><\/div><\/li><\/ol><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"nx-section\" data-band=\"auto\" data-band-id=\"nx-band-1\" data-hue=\"biodiversity\" aria-label=\"Application, Monitor, Data\"><div class=\"nx-container\"><div class=\"nx-hm-band nx-band\" data-nx-tabs=\"true\" data-active=\"p1\"><div class=\"nx-tablist nx-hm-tabs\" role=\"tablist\" aria-label=\"Application, Monitor, Data\"><button class=\"nx-tab\" type=\"button\" role=\"tab\" id=\"nx-band-1-tab-1\" aria-controls=\"nx-sec-application\" aria-selected=\"true\" data-key=\"p1\">Application<\/button><button class=\"nx-tab\" type=\"button\" role=\"tab\" id=\"nx-band-1-tab-2\" aria-controls=\"nx-s-3-sec\" aria-selected=\"false\" data-key=\"p2\">Monitor<\/button><button class=\"nx-tab\" type=\"button\" role=\"tab\" id=\"nx-band-1-tab-3\" aria-controls=\"nx-sec-data\" aria-selected=\"false\" data-key=\"p3\">Data<\/button><\/div><section id=\"nx-sec-application\" class=\"nx-section nx-band-panel\" data-hue=\"biodiversity\" data-variant=\"stack\" aria-labelledby=\"nx-s-2\" role=\"tabpanel\" data-band-tab=\"nx-band-1-tab-1\"><div class=\"nx-container\"><div class=\"nx-section-head\"><div class=\"nx-eyebrow-row\"><span class=\"nx-eyebrow\">02<\/span><span class=\"nx-rule\" aria-hidden=\"true\"><\/span><span class=\"nx-eyebrow\">Application<\/span><\/div><h2 id=\"nx-s-2\" class=\"nx-section-title\">What financial economics and macro-finance does here.<\/h2><p class=\"nx-lede\">Financial economics and macro-finance study how asset prices, credit and financial institutions interact with the real economy. They explain how shocks are amplified or absorbed through balance sheets and markets. In climate and hazards, biodiversity and nature and capital markets and investment, financial economics traces how physical, health or cyber shocks transmit to credit, sovereign debt and markets. It informs <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 macroprudential\" data-tk=\"Nexus risk vocabulary\" data-td=\"Policy aimed at the stability of the financial system as a whole, by limiting the build-up of systemic risk.\" data-ts=\"NRS-C1\" data-tr=\"draft\">macroprudential policy<\/a> and the pricing of risk. The canonical description is on <a class=\"nx-link\" href=\"https:\/\/therisk.global\/stem\/science\/financial-economics\/\">the STEM Commons<\/a>.<\/p><\/div><div class=\"nx-section-body\"><div class=\"nx-cols\"><article><div class=\"nx-glyph-row\"><span class=\"nx-glyph\" data-tone=\"accent\" data-size=\"lg\"><svg class=\"nx-i\" viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><circle cx=\"8\" cy=\"8\" r=\"6\"\/><path d=\"M18.09 10.37A6 6 0 1 1 10.34 18\"\/><path d=\"M7 6h1v4\"\/><path d=\"m16.71 13.88.7.71-2.82 2.82\"\/><\/svg><\/span><\/div><h3 class=\"nx-h3 nx-mt-2\">Credit risk transmission<\/h3><p class=\"nx-p nx-mt-1\">Physical and transition shocks are linked to borrower revenues, collateral values and default probabilities, with identification stated.<\/p><\/article><article><div class=\"nx-glyph-row\"><span class=\"nx-glyph\" data-tone=\"accent\" data-size=\"lg\"><svg class=\"nx-i\" viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><path d=\"M3 3v18h18\"\/><path d=\"m19 9-5 5-4-4-3 3\"\/><\/svg><\/span><\/div><h3 class=\"nx-h3 nx-mt-2\">Market pricing studies<\/h3><p class=\"nx-p nx-mt-1\">Bond spreads, equity returns and property prices are examined for evidence that climate risk is priced.<\/p><\/article><article><div class=\"nx-glyph-row\"><span class=\"nx-glyph\" data-tone=\"accent\" data-size=\"lg\"><svg class=\"nx-i\" viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><circle cx=\"12\" cy=\"4.5\" r=\"2.5\"\/><path d=\"m10.2 6.3-3.9 3.9\"\/><circle cx=\"4.5\" cy=\"12\" r=\"2.5\"\/><path d=\"M7 12h10\"\/><circle cx=\"19.5\" cy=\"12\" r=\"2.5\"\/><path d=\"m13.8 17.7 3.9-3.9\"\/><circle cx=\"12\" cy=\"19.5\" r=\"2.5\"\/><\/svg><\/span><\/div><h3 class=\"nx-h3 nx-mt-2\">Cross-sector transmission<\/h3><p class=\"nx-p nx-mt-1\">Interactions between insurance availability, bank lending and asset prices are analysed as feedback loops that cross sector boundaries.<\/p><\/article><\/div><\/div><\/div><\/section><section id=\"nx-s-3-sec\" class=\"nx-section nx-band-panel\" data-hue=\"finance\" aria-labelledby=\"nx-s-3\" role=\"tabpanel\" data-band-tab=\"nx-band-1-tab-2\"><div class=\"nx-container\"><div class=\"nx-section-head\"><div class=\"nx-eyebrow-row\"><span class=\"nx-eyebrow\">03<\/span><span class=\"nx-rule\" aria-hidden=\"true\"><\/span><span class=\"nx-eyebrow\">Monitor<\/span><\/div><h2 id=\"nx-s-3\" class=\"nx-section-title\">Econometric model.<\/h2><p class=\"nx-lede\">The screen a team would use to follow this method: its measures, states and decisions. Names are examples and values are illustrative.<\/p><\/div><div class=\"nx-section-body\"><figure class=\"nx-fk nx-cx\" data-fk=\"cx-climfin-method-regress\" data-cx=\"climfin.method-regress\" data-variant=\"section\" aria-label=\"Econometric model: illustrative console with example names and values\"><div class=\"nx-fk-head\"><div class=\"nx-fk-heading\"><h3 class=\"nx-fk-title\">Econometric model<\/h3><p class=\"nx-fk-sub\">Climate and nature financial risk \u00b7 Financial economics \u00b7 Run R-0990<\/p><\/div><div class=\"nx-fk-actions\"><button type=\"button\" class=\"nx-fk-btn\" data-fk-act=\"menu\" aria-haspopup=\"true\" aria-expanded=\"false\" hidden><svg viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M12 4v11\"\/><path d=\"m7 10 5 5 5-5\"\/><path d=\"M5 20h14\"\/><\/svg>Export<\/button><ul class=\"nx-fk-menu\" data-fk-menu=\"true\" hidden><li><button type=\"button\" data-fk-act=\"export-png\">Image<small>PNG of the map or chart<\/small><\/button><\/li><li><button type=\"button\" data-fk-act=\"export-csv\">Data<small>CSV of the figure&#8217;s values<\/small><\/button><\/li><\/ul><\/div><\/div><div class=\"nx-cx-status\"><span class=\"nx-fk-pill\" data-state=\"info\"><i aria-hidden=\"true\"><\/i>Estimates stable<\/span><span class=\"nx-cx-prod\">GRA \u00b7 Climate and Nature Financial Risk<\/span><\/div><div class=\"nx-cx-grid\"><div class=\"nx-fk-panel nx-cx-p\" data-w=\"4\" data-t=\"table\"><div class=\"nx-fk-panel-head\"><div><h4 class=\"nx-fk-panel-title\">Estimates<\/h4><p class=\"nx-fk-panel-sub\">robust standard errors<\/p><\/div><\/div><div class=\"nx-fk-tablewrap\" data-fk-view=\"table:cx-climfin-method-regress-t0\"><table class=\"nx-fk-table\" data-fk-table=\"cx-climfin-method-regress-t0\" aria-label=\"Estimates\"><thead><tr><th scope=\"col\" data-col=\"c0\" aria-sort=\"none\"><button type=\"button\" data-fk-sort=\"c0\">Term<\/button><\/th><th scope=\"col\" data-col=\"c1\" data-num=\"true\" aria-sort=\"none\"><button type=\"button\" data-fk-sort=\"c1\">Estimate<\/button><\/th><th scope=\"col\" data-col=\"c2\" data-num=\"true\" aria-sort=\"none\"><button type=\"button\" data-fk-sort=\"c2\">Std error<\/button><\/th><th scope=\"col\" data-col=\"c3\" aria-sort=\"none\"><button type=\"button\" data-fk-sort=\"c3\">95 pct interval<\/button><\/th><th scope=\"col\" data-col=\"c4\" aria-sort=\"none\"><button type=\"button\" data-fk-sort=\"c4\">Sig.<\/button><\/th><\/tr><\/thead><tbody><tr data-fk-key=\"cx-climfin-method-regress:r0-0\" tabindex=\"0\" role=\"row\" aria-selected=\"false\"><td>Financed emissions<\/td><td data-num=\"true\" data-sv=\"-0.32\">\u22120.32<\/td><td data-num=\"true\" data-sv=\"0.04\">0.04<\/td><td>[\u22120.3, 0.4]<\/td><td><span class=\"nx-fk-pill\" data-state=\"met\"><i aria-hidden=\"true\"><\/i>Yes<\/span><\/td><\/tr><tr data-fk-key=\"cx-climfin-method-regress:r0-1\" tabindex=\"0\" role=\"row\" aria-selected=\"false\"><td>Exposure to high physical risk<\/td><td data-num=\"true\" data-sv=\"0.67\">0.67<\/td><td data-num=\"true\" data-sv=\"0.05\">0.05<\/td><td>[\u22120.6, 0.9]<\/td><td><span class=\"nx-fk-pill\" data-state=\"met\"><i aria-hidden=\"true\"><\/i>Yes<\/span><\/td><\/tr><tr data-fk-key=\"cx-climfin-method-regress:r0-2\" tabindex=\"0\" role=\"row\" aria-selected=\"false\"><td>Expected loss uplift, disorderly<\/td><td data-num=\"true\" data-sv=\"0.12\">0.12<\/td><td data-num=\"true\" data-sv=\"0.18\">0.18<\/td><td>[0.0, 0.9]<\/td><td><span class=\"nx-fk-pill\" data-state=\"off\"><i aria-hidden=\"true\"><\/i>No<\/span><\/td><\/tr><tr data-fk-key=\"cx-climfin-method-regress:r0-3\" tabindex=\"0\" role=\"row\" aria-selected=\"false\"><td>Nature dependency materiality<\/td><td data-num=\"true\" data-sv=\"0.54\">0.54<\/td><td data-num=\"true\" data-sv=\"0.12\">0.12<\/td><td>[\u22120.1, 0.9]<\/td><td><span class=\"nx-fk-pill\" data-state=\"met\"><i aria-hidden=\"true\"><\/i>Yes<\/span><\/td><\/tr><\/tbody><\/table><\/div><\/div><div class=\"nx-fk-panel nx-cx-p\" data-w=\"2\" data-t=\"kv\"><div class=\"nx-fk-panel-head\"><div><h4 class=\"nx-fk-panel-title\">Method card<\/h4><\/div><\/div><dl class=\"nx-fk-dl\"><div><dt>Method<\/dt><dd>Financial economics and macro-finance<\/dd><\/div><div><dt>Sample<\/dt><dd>10,098 obs<\/dd><\/div><div><dt>Design<\/dt><dd>panel, fixed effects<\/dd><\/div><div><dt>Label<\/dt><dd><span class=\"nx-fk-pill\" data-state=\"info\"><i aria-hidden=\"true\"><\/i>MODELLED<\/span><\/dd><\/div><\/dl><\/div><div class=\"nx-fk-panel nx-cx-p\" data-w=\"6\" data-t=\"chart\"><div class=\"nx-fk-panel-head\"><div><h4 class=\"nx-fk-panel-title\">Residuals by group<\/h4><\/div><\/div><svg class=\"nx-fk-svg\" viewBox=\"0 0 520 210\" width=\"520\" height=\"210\" role=\"img\" focusable=\"false\" preserveAspectRatio=\"xMidYMid meet\" aria-label=\"Residuals by group\" data-fk-chart=\"cx-climfin-method-regress-c2\" data-nx-z=\"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\"><\/svg><\/div><\/div><div class=\"nx-fk-tip\" aria-hidden=\"true\" hidden><\/div><figcaption class=\"nx-fk-cap\"><span>Econometric model: the screen&#8217;s structure, terms and states for Climate and nature financial risk.<\/span><span data-honesty=\"true\">Example names and illustrative values; a design, not a record or a live system.<\/span><\/figcaption><\/figure><\/div><\/div><\/section><section id=\"nx-sec-data\" class=\"nx-section nx-band-panel\" data-hue=\"climate\" data-variant=\"split\" aria-labelledby=\"nx-s-4\" role=\"tabpanel\" data-band-tab=\"nx-band-1-tab-3\"><div class=\"nx-container\"><div class=\"nx-section-head\"><div class=\"nx-eyebrow-row\"><span class=\"nx-eyebrow\">04<\/span><span class=\"nx-rule\" aria-hidden=\"true\"><\/span><span class=\"nx-eyebrow\">Data<\/span><\/div><h2 id=\"nx-s-4\" class=\"nx-section-title\">What the method consumes.<\/h2><p class=\"nx-lede\">Datasets and records used by financial economics and macro-finance on this platform, with the role each plays and the label its values carry. Sources are listed in <a class=\"nx-link\" href=\"https:\/\/globalriskalliance.com\/climate-nature-financial-risk\/research\/sources\/\">the source register<\/a>.<\/p><\/div><div class=\"nx-section-body\"><div class=\"nx-table-wrap\"><table class=\"nx-table\" data-stack=\"true\"><thead><tr><th scope=\"col\">Data<\/th><th scope=\"col\">Role<\/th><th scope=\"col\">Label<\/th><\/tr><\/thead><tbody><tr><td data-label=\"Data\">Loan and collateral data<\/td><td data-label=\"Role\">Credit exposure<\/td><td data-label=\"Label\"><span class=\"nx-chip\">Published statistics<\/span><\/td><\/tr><tr><td data-label=\"Data\">Market prices<\/td><td data-label=\"Role\">Pricing evidence<\/td><td data-label=\"Label\"><span class=\"nx-chip\">OBSERVED<\/span><\/td><\/tr><tr><td data-label=\"Data\">Disclosures<\/td><td data-label=\"Role\">Exposure metrics<\/td><td data-label=\"Label\"><span class=\"nx-chip\">DECLARED<\/span><\/td><\/tr><\/tbody><\/table><\/div><div class=\"nx-live-slot\" data-nxf-slot=\"data\" data-nxf-kind=\"data\" data-nxf-resource=\"nexus:\/\/gra\/A-P04\/stem\/financial-economics\/#data\" data-nxf-title=\"Method record\" data-nxf-height=\"520\" hidden><\/div><div class=\"nx-live-slot\" data-nxf-slot=\"evidence\" data-nxf-kind=\"evidence\" data-nxf-resource=\"nexus:\/\/gra\/A-P04\/stem\/financial-economics\/#evidence\" data-nxf-title=\"Evidence\" data-nxf-height=\"520\" hidden><\/div><\/div><\/div><\/section><\/div><\/div><\/section><section class=\"nx-section\" data-band=\"auto\" data-band-id=\"nx-band-2\" data-tone=\"alt\" data-hue=\"biodiversity\" aria-label=\"Scenario model, Validation\"><div class=\"nx-container\"><div class=\"nx-hm-band nx-band\" data-nx-tabs=\"true\" data-active=\"p1\"><div class=\"nx-tablist nx-hm-tabs\" role=\"tablist\" aria-label=\"Scenario model, Validation\"><button class=\"nx-tab\" type=\"button\" role=\"tab\" id=\"nx-band-2-tab-1\" aria-controls=\"nx-sec-instrument\" aria-selected=\"true\" data-key=\"p1\">Scenario model<\/button><button class=\"nx-tab\" type=\"button\" role=\"tab\" id=\"nx-band-2-tab-2\" aria-controls=\"nx-sec-checks\" aria-selected=\"false\" data-key=\"p2\">Validation<\/button><\/div><section id=\"nx-sec-instrument\" class=\"nx-section nx-band-panel\" data-hue=\"biodiversity\" data-ns-layout=\"es-wide\" aria-labelledby=\"nx-s-5\" role=\"tabpanel\" data-band-tab=\"nx-band-2-tab-1\"><div class=\"nx-container\"><div class=\"nx-section-head\"><div class=\"nx-eyebrow-row\"><span class=\"nx-eyebrow\">05<\/span><span class=\"nx-rule\" aria-hidden=\"true\"><\/span><span class=\"nx-eyebrow\">Scenario model<\/span><\/div><h2 id=\"nx-s-5\" class=\"nx-section-title\">Transition and physical risk on a portfolio.<\/h2><p class=\"nx-lede\">Three scenario families after the NGFS framework move a sector portfolio through carbon costs and warming damages; the transmission view follows the losses to lenders, investors, public finances and households. Scenario: named assumptions about the future, not a forecast.<\/p><\/div><div class=\"nx-section-body\"><figure class=\"nx-in nx-fk\" id=\"nx-in--financial-risk-stem-financial-economics-0\" data-nxi=\"transition\" data-nxi-id=\"transition\" data-nxi-z=\"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\" aria-label=\"Transition and physical risk on a portfolio\"><div class=\"nx-in-body\"><div class=\"nx-in-main\"><div class=\"nx-in-tabs\" data-nxi-tabs=\"true\" aria-label=\"Views of the model\" hidden><button type=\"button\" class=\"nx-in-tab\" data-nxi-view=\"result\">Result<\/button><button type=\"button\" class=\"nx-in-tab\" data-nxi-view=\"bars\">By sector<\/button><button type=\"button\" class=\"nx-in-tab\" data-nxi-view=\"flow\">Transmission<\/button><button type=\"button\" class=\"nx-in-tab\" data-nxi-view=\"fan\">Uncertainty<\/button><button type=\"button\" class=\"nx-in-tab\" data-nxi-view=\"tornado\">Sensitivity<\/button><button type=\"button\" class=\"nx-in-tab\" data-nxi-view=\"loops\">Loops<\/button><\/div><div class=\"nx-in-stage\" id=\"nx-in--financial-risk-stem-financial-economics-0-stage\" data-nxi-stage=\"true\" data-view=\"result\"><svg class=\"nx-in-svg\" viewBox=\"0 0 720 340\" role=\"img\" aria-label=\"Value change by scenario\" data-nx-z=\"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\"><\/svg><\/div><p class=\"nx-in-tip\" data-nxi-tip=\"true\" aria-live=\"polite\"><\/p><div class=\"nx-in-bar\" data-nxi-bar=\"true\" role=\"group\" aria-label=\"Play over time\" hidden><button type=\"button\" class=\"nx-in-btn\" data-nxi-prev=\"true\" aria-label=\"Step back\">&#8249;<\/button><button type=\"button\" class=\"nx-in-btn\" data-nxi-play=\"true\" aria-pressed=\"false\">Play<\/button><button type=\"button\" class=\"nx-in-btn\" data-nxi-next=\"true\" aria-label=\"Step forward\">&#8250;<\/button><span class=\"nx-in-step\" data-nxi-step=\"true\" aria-live=\"polite\"><\/span><\/div><\/div><div class=\"nx-in-side\"><p class=\"nx-eyebrow\">Controls<\/p><div class=\"nx-in-ctl\" data-nxi-ctl=\"true\"><dl class=\"nx-in-pv\"><div><dt>Carbon price at the horizon, orderly path<\/dt><dd>200 per tCO2<\/dd><\/div><div><dt>Delay before a disorderly transition<\/dt><dd>50% of horizon<\/dd><\/div><div><dt>Cost passed to customers<\/dt><dd>50%<\/dd><\/div><div><dt>Warming today above pre-industrial<\/dt><dd>1.30\u00b0C<\/dd><\/div><div><dt>Warming per decade, current policies<\/dt><dd>0.25\u00b0C<\/dd><\/div><div><dt>Damage coefficient<\/dt><dd>0.24% per \u00b0C\u00b2<\/dd><\/div><div><dt>Years ahead<\/dt><dd>25 years<\/dd><\/div><\/dl><\/div><p class=\"nx-eyebrow\">Readouts<\/p><dl class=\"nx-in-out\" data-nxi-out=\"true\" aria-live=\"polite\"><div><dt>Worst scenario at the horizon<\/dt><dd>\u221233.6% of value<\/dd><\/div><\/dl><\/div><\/div><details class=\"nx-in-more\"><summary>Numbers, methods and sources<\/summary><div class=\"nx-in-more-in\"><div class=\"nx-in-tblw\" data-nxi-table=\"true\"><table class=\"nx-in-tbl\"><thead><tr><th scope=\"col\">Year<\/th><th scope=\"col\">Orderly transition (% value)<\/th><th scope=\"col\">Delayed, disorderly transition (% value)<\/th><th scope=\"col\">Current policies (% value)<\/th><\/tr><\/thead><tbody><tr><th scope=\"row\">0<\/th><td>\u22120.38<\/td><td>\u22120.38<\/td><td>\u22120.38<\/td><\/tr><tr><th scope=\"row\">3<\/th><td>\u22122.87<\/td><td>\u22120.53<\/td><td>\u22120.67<\/td><\/tr><tr><th scope=\"row\">6<\/th><td>\u22125.36<\/td><td>\u22120.68<\/td><td>\u22120.97<\/td><\/tr><tr><th scope=\"row\">9<\/th><td>\u22127.84<\/td><td>\u22120.84<\/td><td>\u22121.27<\/td><\/tr><tr><th scope=\"row\">12<\/th><td>\u221210.33<\/td><td>\u22120.99<\/td><td>\u22121.57<\/td><\/tr><tr><th scope=\"row\">15<\/th><td>\u221212.82<\/td><td>\u22127.12<\/td><td>\u22121.87<\/td><\/tr><tr><th scope=\"row\">18<\/th><td>\u221215.31<\/td><td>\u221215.05<\/td><td>\u22122.17<\/td><\/tr><tr><th scope=\"row\">21<\/th><td>\u221217.80<\/td><td>\u221223.00<\/td><td>\u22122.48<\/td><\/tr><tr><th scope=\"row\">24<\/th><td>\u221220.29<\/td><td>\u221230.94<\/td><td>\u22122.79<\/td><\/tr><\/tbody><\/table><\/div><button type=\"button\" class=\"nx-in-btn\" data-nxi-csv=\"true\" hidden>Download the numbers (CSV)<\/button><h4 class=\"nx-h4\">Methods<\/h4><ol class=\"nx-in-meth\"><li>Climate scenario families <span class=\"nx-in-cite\">NGFS (2023), Climate Scenarios for central banks and supervisors, Phase IV<\/span><\/li><li>Climate stress test of the financial system <span class=\"nx-in-cite\">Battiston and others (2017), Nature Climate Change 7<\/span><\/li><li>Damage function <span class=\"nx-in-cite\">Nordhaus (2017), Revisiting the social cost of carbon, PNAS 114<\/span><\/li><li>Transmission channels <span class=\"nx-in-cite\">BCBS (2021), Climate-related risk drivers and their transmission channels<\/span><\/li><li>Uncertainty fan (parameter Monte Carlo) <span class=\"nx-in-cite\">Spiegelhalter, Pearson and Short (2011), Visualising uncertainty about the future, Science 333<\/span><\/li><li>One-at-a-time sensitivity (tornado) <span class=\"nx-in-cite\">Saltelli and others (2008), Global Sensitivity Analysis: The Primer, Wiley<\/span><\/li><\/ol><h4 class=\"nx-h4\">Data<\/h4><p class=\"nx-p\">The model runs on the teaching values set by the controls. To calibrate it for a place, read it against these admitted layers and series, which this page&#8217;s map can draw:<\/p><ul class=\"nx-in-src\"><li>Urban extents <span class=\"nx-in-cite\">Natural Earth<\/span><\/li><li>Seaports <span class=\"nx-in-cite\">Natural Earth<\/span><\/li><li>Past year, daily temperature (ERA5 via Open-Meteo) <span class=\"nx-in-cite\">Open-Meteo.com (CC BY 4.0), Copernicus ERA5 (C3S\/ECMWF) \u00b7 register open-meteo.public-pages<\/span><\/li><li>Surface air temperature, daytime (AIRS) <span class=\"nx-in-cite\">NASA AIRS \u00b7 register nasa.gibs.context-live-layers<\/span><\/li><\/ul><\/div><\/details><figcaption class=\"nx-caption\">Transition and physical risk on a portfolio. Illustrative teaching model: it runs on the values set by the controls, not on measured data. Methods: Climate scenario families (NGFS (2023), Climate Scenarios for central banks and supervisors, Phase IV); Climate stress test of the financial system (Battiston and others (2017), Nature Climate Change 7); Damage function (Nordhaus (2017), Revisiting the social cost of carbon, PNAS 114).<\/figcaption><div class=\"nx-in-pls\"><p class=\"nx-eyebrow\">Across the six pillars, led by Nexus Consortium<\/p><ul class=\"nx-in-pl\" aria-label=\"Where this instrument connects across the pillars\"><li data-pillar=\"labs\" data-hue=\"social\"><span class=\"nx-pl-dot\" aria-hidden=\"true\"><\/span><span class=\"nx-in-plv\">Experiments<\/span> <a class=\"nx-link\" href=\"https:\/\/therisk.global\/nexus-labs\/\">Labs<\/a><\/li><li data-pillar=\"foundry\" data-hue=\"infrastructure\"><span class=\"nx-pl-dot\" aria-hidden=\"true\"><\/span><span class=\"nx-in-plv\">Built in<\/span> <a class=\"nx-link\" href=\"https:\/\/globalriskalliance.com\/climate-nature-financial-risk\/foundry\/\">Climate and Nature Financial Risk in Foundry<\/a><\/li><li data-pillar=\"universe\" data-hue=\"water\"><span class=\"nx-pl-dot\" aria-hidden=\"true\"><\/span><span class=\"nx-in-plv\">Tested at<\/span> <a class=\"nx-link\" href=\"https:\/\/globalriskalliance.com\/climate-nature-financial-risk\/universe\/\">Climate and Nature Financial Risk in Universe<\/a><\/li><li data-pillar=\"standards\" data-hue=\"biodiversity\"><span class=\"nx-pl-dot\" aria-hidden=\"true\"><\/span><span class=\"nx-in-plv\">Codified in<\/span> <a class=\"nx-link\" href=\"https:\/\/nexustandards.com\/climate\/\">Climate and Earth Systems in Standards<\/a><\/li><li data-pillar=\"reports\" data-hue=\"energy\"><span class=\"nx-pl-dot\" aria-hidden=\"true\"><\/span><span class=\"nx-in-plv\">Published in<\/span> <a class=\"nx-link\" href=\"https:\/\/globalriskalliance.com\/climate-nature-financial-risk\/reports\/\">Climate and Nature Financial Risk in Reports<\/a><\/li><li data-pillar=\"academy\" data-hue=\"risk\"><span class=\"nx-pl-dot\" aria-hidden=\"true\"><\/span><span class=\"nx-in-plv\">Taught in<\/span> <a class=\"nx-link\" href=\"https:\/\/risksacademy.com\/earth-environment\/\">Faculty of Earth and Environmental Sciences in Academy<\/a><\/li><\/ul><\/div><span class=\"nx-in-keep\" hidden><i data-c=\"c1\"><\/i><i data-c=\"c2\"><\/i><i data-c=\"c3\"><\/i><i data-c=\"c4\"><\/i><i data-c=\"c5\"><\/i><i data-c=\"c6\"><\/i><i data-c=\"l0\"><\/i><i data-c=\"l1\"><\/i><i data-c=\"l2\"><\/i><i data-c=\"l3\"><\/i><i data-c=\"l5\"><\/i><i data-c=\"h3\"><\/i><i data-c=\"neg\"><\/i><i data-c=\"on0\"><\/i><i data-c=\"on1\"><\/i><i data-l=\"0\"><\/i><i data-l=\"1\"><\/i><i data-l=\"2\"><\/i><i data-l=\"3\"><\/i><i data-l=\"4\"><\/i><i data-l=\"5\"><\/i><i data-on=\"0\"><\/i><i data-on=\"1\"><\/i><i data-pol=\"p\"><\/i><i data-pol=\"n\"><\/i><i data-k=\"R\"><\/i><i data-k=\"B\"><\/i><i data-k=\"dash\"><\/i><i data-dash=\"true\"><\/i><i data-view=\"result\"><\/i><i data-nxi-live=\"on\"><\/i><i data-nxi-live=\"off\"><\/i><i class=\"nx-in-svg nx-in-grid nx-in-ax nx-in-tk nx-in-at nx-in-ln nx-in-band nx-in-lbl nx-in-lk nx-in-ref nx-in-reft nx-in-mk nx-in-x nx-in-rect nx-in-val nx-in-rowl nx-in-cl nx-in-arrow nx-in-pol nx-in-cln nx-in-loop nx-in-edge nx-in-node nx-in-nl nx-in-reach nx-in-trib nx-in-agent nx-in-flow nx-in-legend nx-in-sw nx-in-note nx-in-loops nx-in-3d nx-in-cv nx-in-field nx-in-fl nx-in-fv nx-in-range nx-in-btn nx-in-err nx-in-tbl nx-in-cite\"><\/i><\/span><\/figure><\/div><\/div><\/section><section id=\"nx-sec-checks\" class=\"nx-section nx-band-panel\" data-hue=\"finance\" aria-labelledby=\"nx-s-6\" role=\"tabpanel\" data-band-tab=\"nx-band-2-tab-2\"><div class=\"nx-container\"><div class=\"nx-section-head\"><div class=\"nx-eyebrow-row\"><span class=\"nx-eyebrow\">06<\/span><span class=\"nx-rule\" aria-hidden=\"true\"><\/span><span class=\"nx-eyebrow\">Validation<\/span><\/div><h2 id=\"nx-s-6\" class=\"nx-section-title\">How results are checked.<\/h2><p class=\"nx-lede\">Models are back-tested against historical market episodes and crises. Results are compared with supervisory data and alternative specifications.<\/p><\/div><div class=\"nx-section-body\"><div class=\"nx-table-wrap\"><table class=\"nx-table\" data-stack=\"true\"><thead><tr><th scope=\"col\">Check<\/th><th scope=\"col\">How it is done<\/th><\/tr><\/thead><tbody><tr><td data-label=\"Check\">Identification<\/td><td data-label=\"How it is done\">Causal claims state how confounding was addressed<\/td><\/tr><tr><td data-label=\"Check\">Robustness<\/td><td data-label=\"How it is done\">Pricing results are checked across periods and markets<\/td><\/tr><tr><td data-label=\"Check\"><a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 data-quality\" data-tk=\"Nexus risk vocabulary\" data-td=\"The fitness of data for a given use, judged by accuracy, completeness, timeliness, consistency and resolution.\" data-ts=\"NRS-C1\" data-tr=\"draft\">Data quality<\/a><\/td><td data-label=\"How it is done\">Estimated inputs are labelled and their effect tested<\/td><\/tr><\/tbody><\/table><\/div><p class=\"nx-note nx-mt-3\">Relationships estimated in calm periods may break down in stress. Hidden leverage and interconnections are often unobserved.<\/p><\/div><\/div><\/section><\/div><\/div><\/section><section id=\"nx-sec-signature\" class=\"nx-section\" data-hue=\"climate\" aria-labelledby=\"nx-s-7\"><div class=\"nx-container\"><div class=\"nx-section-head\"><div class=\"nx-eyebrow-row\"><span class=\"nx-eyebrow\">07<\/span><span class=\"nx-rule\" aria-hidden=\"true\"><\/span><span class=\"nx-eyebrow\">Sector signature<\/span><\/div><h2 id=\"nx-s-7\" class=\"nx-section-title\">Where exposure in Financial economics and macro-finance at Climate and Nature Financial Risk travels.<\/h2><p class=\"nx-lede\">The sectors that carry exposure in Financial economics and macro-finance at Climate and Nature Financial Risk and how a loss in one passes to the others, across portfolios and public finances.<\/p><\/div><div class=\"nx-section-body\"><div class=\"nx-canvas-wrap\"><figure class=\"nx-nsig\" data-nx-sig=\"WFHB\" data-sig-name=\"Biodiversity and its partners\" data-sig-line=\"Biodiversity gives pollination and soils to food (0.6), watershed regulation to water (0.5) and zoonotic spillover and medicines to health (0.4).\" data-sig-inst=\"The Global Risks Alliance\"><div class=\"nx-nsig-plate\"><div class=\"nx-nsig-strip\" role=\"group\" aria-label=\"Signatures in context\" hidden><\/div><div class=\"nx-nsig-stage\"><div class=\"nx-nsig-top\"><span>Select corners \u00b7 hover lines<\/span><span class=\"nx-nsig-pairs\">6 \/ 15 relations<\/span><\/div><div class=\"nx-nsig-tilt\"><svg class=\"nx-nsig-svg\" viewBox=\"-370 -290 740 580\" role=\"img\" aria-label=\"Sector signature hexagon: Water, Food, Health and Biodiversity selected, 6 of 15 relations in play, coupling 0.46. Teaching values.\" focusable=\"false\" data-nx-z=\"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\"><\/svg><\/div><\/div><div class=\"nx-nsig-read\"><div><p class=\"nx-nsig-k\">Signature<\/p><p class=\"nx-nsig-name\">Biodiversity and its partners<\/p><p class=\"nx-nsig-line\">Biodiversity gives pollination and soils to food (0.6), watershed regulation to water (0.5) and zoonotic spillover and medicines to health (0.4).<\/p><\/div><p class=\"nx-nsig-code\" aria-live=\"polite\"><span>W<\/span> \u00b7 <span class=\"nx-nsig-off\">E<\/span> \u00b7 <span class=\"nx-nsig-off\">I<\/span> \u00b7 <span>F<\/span> \u00b7 <span>H<\/span> \u00b7 <span>B<\/span><\/p><dl class=\"nx-nsig-stats\"><div><dt>Sectors<\/dt><dd><strong>4<\/strong> <small>of 6<\/small><\/dd><\/div><div><dt>Relations<\/dt><dd><strong>6<\/strong> <small>of 15<\/small><\/dd><\/div><div><dt>Coupling<\/dt><dd><strong>0.46<\/strong> <small>share of total<\/small><\/dd><\/div><\/dl><div class=\"nx-nsig-detail\"><h3 class=\"nx-nsig-dh\">Strongest relations in play<\/h3><ul class=\"nx-nsig-rel\"><li><span class=\"nx-nsig-rt\"><b>Food \u2192 Biodiversity<\/b> \u00b7 land conversion<\/span><span class=\"nx-nsig-bar\" data-v=\"6\" aria-hidden=\"true\"><i><\/i><\/span><span class=\"nx-nsig-v\">0.6<\/span><\/li><li><span class=\"nx-nsig-rt\"><b>Water \u2192 Food<\/b> \u00b7 irrigation<\/span><span class=\"nx-nsig-bar\" data-v=\"8\" aria-hidden=\"true\"><i><\/i><\/span><span class=\"nx-nsig-v\">0.8<\/span><\/li><li><span class=\"nx-nsig-rt\"><b>Water \u2192 Biodiversity<\/b> \u00b7 environmental flows<\/span><span class=\"nx-nsig-bar\" data-v=\"6\" aria-hidden=\"true\"><i><\/i><\/span><span class=\"nx-nsig-v\">0.6<\/span><\/li><li><span class=\"nx-nsig-rt\"><b>Food \u2192 Health<\/b> \u00b7 nutrition<\/span><span class=\"nx-nsig-bar\" data-v=\"7\" aria-hidden=\"true\"><i><\/i><\/span><span class=\"nx-nsig-v\">0.7<\/span><\/li><\/ul><\/div><div class=\"nx-nsig-actions\" hidden><button type=\"button\" class=\"nx-nsig-btn\" data-sig-act=\"all\">Select all<\/button><button type=\"button\" class=\"nx-nsig-btn\" data-sig-act=\"clear\">Clear<\/button><button type=\"button\" class=\"nx-nsig-btn nx-nsig-pri\" data-sig-act=\"copy\">Copy signature<\/button><\/div><\/div><\/div><figcaption class=\"nx-nsig-note\">Teaching values for a typical city-region, not measurements for any place. Coupling is the summed strength of the relations in play, as a share of all fifteen.<\/figcaption><\/figure><\/div><\/div><\/div><\/section><section class=\"nx-section\" data-band=\"auto\" data-band-id=\"nx-band-3\" data-hue=\"biodiversity\" aria-label=\"Connections, Exposure, loss and capital, Stewardship\"><div class=\"nx-container\"><div class=\"nx-hm-band nx-band\" data-nx-tabs=\"true\" data-active=\"p1\"><div class=\"nx-tablist nx-hm-tabs\" role=\"tablist\" aria-label=\"Connections, Exposure, loss and capital, Stewardship\"><button class=\"nx-tab\" type=\"button\" role=\"tab\" id=\"nx-band-3-tab-1\" aria-controls=\"nx-sec-connections\" aria-selected=\"true\" data-key=\"p1\">Connections<\/button><button class=\"nx-tab\" type=\"button\" role=\"tab\" id=\"nx-band-3-tab-2\" aria-controls=\"nx-sec-audience\" aria-selected=\"false\" data-key=\"p2\">Exposure, loss and capital<\/button><button class=\"nx-tab\" type=\"button\" role=\"tab\" id=\"nx-band-3-tab-3\" aria-controls=\"nx-sec-stewardship\" aria-selected=\"false\" data-key=\"p3\">Stewardship<\/button><\/div><section id=\"nx-sec-connections\" class=\"nx-section nx-band-panel\" data-hue=\"biodiversity\" data-variant=\"stack\" aria-labelledby=\"nx-s-8\" role=\"tabpanel\" data-band-tab=\"nx-band-3-tab-1\"><div class=\"nx-container\"><div class=\"nx-section-head\"><div class=\"nx-eyebrow-row\"><span class=\"nx-eyebrow\">08<\/span><span class=\"nx-rule\" aria-hidden=\"true\"><\/span><span class=\"nx-eyebrow\">Connections<\/span><\/div><h2 id=\"nx-s-8\" class=\"nx-section-title\">Topics that rely on this method.<\/h2><\/div><div class=\"nx-section-body\"><ul class=\"nx-list\" data-nav=\"true\"><li><a class=\"nx-link\" href=\"https:\/\/globalriskalliance.com\/climate-nature-financial-risk\/topics\/physical-climate-risk\/\"><span>Physical climate risk<\/span><svg class=\"nx-arrow\" viewBox=\"0 0 16 16\" aria-hidden=\"true\"><path d=\"M3 8h10M9 4l4 4-4 4\"\/><\/svg><\/a><\/li><li><a class=\"nx-link\" href=\"https:\/\/globalriskalliance.com\/climate-nature-financial-risk\/topics\/transition-risk\/\"><span>Transition risk<\/span><svg class=\"nx-arrow\" viewBox=\"0 0 16 16\" aria-hidden=\"true\"><path d=\"M3 8h10M9 4l4 4-4 4\"\/><\/svg><\/a><\/li><li><a class=\"nx-link\" href=\"https:\/\/globalriskalliance.com\/climate-nature-financial-risk\/topics\/nature-dependencies\/\"><span>Nature dependencies<\/span><svg class=\"nx-arrow\" viewBox=\"0 0 16 16\" aria-hidden=\"true\"><path d=\"M3 8h10M9 4l4 4-4 4\"\/><\/svg><\/a><\/li><li><a class=\"nx-link\" href=\"https:\/\/globalriskalliance.com\/climate-nature-financial-risk\/topics\/scenario-analysis\/\"><span>Scenario analysis<\/span><svg class=\"nx-arrow\" viewBox=\"0 0 16 16\" aria-hidden=\"true\"><path d=\"M3 8h10M9 4l4 4-4 4\"\/><\/svg><\/a><\/li><li><a class=\"nx-link\" href=\"https:\/\/globalriskalliance.com\/climate-nature-financial-risk\/topics\/insurance-bank-investment-effects\/\"><span>Insurance bank investment effects<\/span><svg class=\"nx-arrow\" viewBox=\"0 0 16 16\" aria-hidden=\"true\"><path d=\"M3 8h10M9 4l4 4-4 4\"\/><\/svg><\/a><\/li><li><a class=\"nx-link\" href=\"https:\/\/globalriskalliance.com\/climate-nature-financial-risk\/topics\/disclosure-and-data\/\"><span>Disclosure and data<\/span><svg class=\"nx-arrow\" viewBox=\"0 0 16 16\" aria-hidden=\"true\"><path d=\"M3 8h10M9 4l4 4-4 4\"\/><\/svg><\/a><\/li><li><a class=\"nx-link\" href=\"https:\/\/globalriskalliance.com\/climate-nature-financial-risk\/topics\/adaptation-and-insurability\/\"><span>Adaptation and insurability<\/span><svg class=\"nx-arrow\" viewBox=\"0 0 16 16\" aria-hidden=\"true\"><path d=\"M3 8h10M9 4l4 4-4 4\"\/><\/svg><\/a><\/li><li><a class=\"nx-link\" href=\"https:\/\/globalriskalliance.com\/climate-nature-financial-risk\/topics\/model-and-measurement-gaps\/\"><span>Model and measurement gaps<\/span><svg class=\"nx-arrow\" viewBox=\"0 0 16 16\" aria-hidden=\"true\"><path d=\"M3 8h10M9 4l4 4-4 4\"\/><\/svg><\/a><\/li><\/ul><\/div><\/div><\/section><section id=\"nx-sec-audience\" class=\"nx-section nx-band-panel\" data-hue=\"finance\" aria-labelledby=\"nx-s-9\" role=\"tabpanel\" data-band-tab=\"nx-band-3-tab-2\"><div class=\"nx-container\"><div class=\"nx-section-head\"><div class=\"nx-eyebrow-row\"><span class=\"nx-eyebrow\">09<\/span><span class=\"nx-rule\" aria-hidden=\"true\"><\/span><span class=\"nx-eyebrow\">Exposure, loss and capital<\/span><\/div><h2 id=\"nx-s-9\" class=\"nx-section-title\">What it means for exposure, loss and capital.<\/h2><p class=\"nx-lede\">The exposure, loss, scenario and capital views a risk officer, supervisor or ministry of finance would ask for, with the frameworks they report against. Structures follow supervisory and actuarial practice. Values are illustrative: never prices, ratings or advice.<\/p><\/div><div class=\"nx-section-body\"><div class=\"nx-au\" data-au-voice=\"finance\" data-au-n=\"1\"><figure class=\"nx-au-c\" data-au-fig=\"scenario-pathways\"><h3 class=\"nx-h4\">Scenario pathways<\/h3><p class=\"nx-p nx-au-what\">How Financial economics and macro-finance at Climate and Nature Financial Risk could be stressed under the scenario families central banks and supervisors use.<\/p><div class=\"nx-au-fig\"><svg class=\"nx-au-svg\" viewBox=\"0 0 560 214\" role=\"img\" aria-label=\"Combined transition and physical pressure under three scenario families\" focusable=\"false\"><line class=\"nx-au-ax\" x1=\"46\" y1=\"190\" x2=\"450\" y2=\"190\"\/><line class=\"nx-au-ax\" x1=\"46\" y1=\"16\" x2=\"46\" y2=\"190\"\/><path class=\"nx-au-ln\" d=\"M46 155.2l80.8-38.3 80.8-13.9 80.8 7 80.8 10.4 80.8 8.7\"\/><text class=\"nx-au-t\" x=\"458\" y=\"133.1\" text-anchor=\"start\">Orderly<\/text><path class=\"nx-au-ac\" d=\"M46 155.2l80.8-3.5 80.8-13.9 80.8-73.1 80.8 10.5 80.8 19.1\"\/><text class=\"nx-au-t\" x=\"458\" y=\"98.3\" text-anchor=\"start\">Disorderly<\/text><path class=\"nx-au-ln nx-au-dash\" d=\"M46 155.2l80.8-7 80.8-10.4 80.8-13.9 80.8-20.9 80.8-27.8\"\/><text class=\"nx-au-t\" x=\"458\" y=\"79.16\" text-anchor=\"start\">Hot house world<\/text><text class=\"nx-au-t\" x=\"46\" y=\"206\" text-anchor=\"middle\">2025<\/text><text class=\"nx-au-t\" x=\"126.8\" y=\"206\" text-anchor=\"middle\">2030<\/text><text class=\"nx-au-t\" x=\"207.6\" y=\"206\" text-anchor=\"middle\">2035<\/text><text class=\"nx-au-t\" x=\"288.4\" y=\"206\" text-anchor=\"middle\">2040<\/text><text class=\"nx-au-t\" x=\"369.2\" y=\"206\" text-anchor=\"middle\">2045<\/text><text class=\"nx-au-t\" x=\"450\" y=\"206\" text-anchor=\"middle\">2050<\/text><text class=\"nx-au-t\" x=\"40\" y=\"33.4\" text-anchor=\"end\">high<\/text><text class=\"nx-au-t\" x=\"40\" y=\"172.6\" text-anchor=\"end\">low<\/text><\/svg><\/div><div class=\"nx-table-wrap\"><table class=\"nx-table\" data-stack=\"true\"><thead><tr><th scope=\"col\">Scenario family<\/th><th scope=\"col\">Transition risk<\/th><th scope=\"col\">Physical risk<\/th><th scope=\"col\">What a stress test asks<\/th><\/tr><\/thead><tbody><tr><td data-label=\"Scenario family\">Orderly<\/td><td data-label=\"Transition risk\">Early, gradual policy<\/td><td data-label=\"Physical risk\">Lower<\/td><td data-label=\"What a stress test asks\">Can the book absorb a steady repricing?<\/td><\/tr><tr><td data-label=\"Scenario family\">Disorderly<\/td><td data-label=\"Transition risk\">Late, abrupt policy<\/td><td data-label=\"Physical risk\">Lower to medium<\/td><td data-label=\"What a stress test asks\">What breaks under a sudden repricing and credit migration?<\/td><\/tr><tr><td data-label=\"Scenario family\">Hot house world<\/td><td data-label=\"Transition risk\">Limited policy<\/td><td data-label=\"Physical risk\">High and rising<\/td><td data-label=\"What a stress test asks\">Where do physical losses concentrate in collateral and insurance?<\/td><\/tr><\/tbody><\/table><\/div><figcaption class=\"nx-caption\"><span>Scenario families as defined by the NGFS; the curves are an illustrative combined pressure index, not NGFS variables or forecasts.<\/span><\/figcaption><\/figure><\/div><div class=\"nx-chips nx-au-fw\" aria-label=\"Frameworks cited\"><span class=\"nx-chip\">NGFS climate scenarios \u00b7 Network for Greening the Financial System<\/span><span class=\"nx-chip\">IFRS S2 Climate-related Disclosures \u00b7 ISSB<\/span><span class=\"nx-chip\">TCFD recommendations \u00b7 Financial Stability Board TCFD<\/span><span class=\"nx-chip\">Principles for the effective management of climate-related financial risks \u00b7 Basel Committee on Banking Supervision<\/span><\/div><\/div><\/div><\/section><section id=\"nx-sec-stewardship\" class=\"nx-section nx-band-panel\" data-hue=\"climate\" data-variant=\"split\" aria-labelledby=\"nx-s-10\" role=\"tabpanel\" data-band-tab=\"nx-band-3-tab-3\"><div class=\"nx-container\"><div class=\"nx-section-head\"><div class=\"nx-eyebrow-row\"><span class=\"nx-eyebrow\">10<\/span><span class=\"nx-rule\" aria-hidden=\"true\"><\/span><span class=\"nx-eyebrow\">Stewardship<\/span><\/div><h2 id=\"nx-s-10\" class=\"nx-section-title\">Who maintains the method.<\/h2><p class=\"nx-lede\"><a class=\"nx-link\" href=\"https:\/\/globalriskalliance.com\/financial-stability\/\">Financial Stability<\/a> stewards financial economics and macro-finance for the Consortium and reviews how it is applied across platforms.<\/p><\/div><div class=\"nx-section-body\"><p class=\"nx-p\"><a class=\"nx-link\" href=\"https:\/\/therisk.global\/stem\/science\/financial-economics\/\">Canonical page: Financial economics and macro-finance<\/a><\/p><\/div><\/div><\/section><\/div><\/div><\/section><section class=\"nx-section\" data-band=\"auto\" data-band-id=\"nx-band-4\" data-tone=\"alt\" data-hue=\"biodiversity\" aria-label=\"Connected, Questions\"><div class=\"nx-container\"><div class=\"nx-hm-band nx-band\" data-nx-tabs=\"true\" data-active=\"p1\"><div class=\"nx-tablist nx-hm-tabs\" role=\"tablist\" aria-label=\"Connected, Questions\"><button class=\"nx-tab\" type=\"button\" role=\"tab\" id=\"nx-band-4-tab-1\" aria-controls=\"nx-s-11-sec\" aria-selected=\"true\" data-key=\"p1\">Connected<\/button><button class=\"nx-tab\" type=\"button\" role=\"tab\" id=\"nx-band-4-tab-2\" aria-controls=\"nx-s-12-sec\" aria-selected=\"false\" data-key=\"p2\">Questions<\/button><\/div><section id=\"nx-s-11-sec\" class=\"nx-section nx-band-panel\" data-hue=\"biodiversity\" aria-labelledby=\"nx-s-11\" role=\"tabpanel\" data-band-tab=\"nx-band-4-tab-1\"><div class=\"nx-container\"><div class=\"nx-section-head\"><div class=\"nx-eyebrow-row\"><span class=\"nx-eyebrow\">11<\/span><span class=\"nx-rule\" aria-hidden=\"true\"><\/span><span class=\"nx-eyebrow\">Connected<\/span><\/div><h2 id=\"nx-s-11\" class=\"nx-section-title\">Where this page leads across the Consortium.<\/h2><\/div><div class=\"nx-section-body\"><ul class=\"nx-dest\"><li><a class=\"nx-dest-card\" href=\"https:\/\/globalriskalliance.com\/financial-stability\/stem\/financial-economics\/\"><span class=\"nx-dest-top\"><span class=\"nx-dest-rel\">Steward platform<\/span><span class=\"nx-dest-host\">GRA<\/span><\/span><span class=\"nx-dest-title\">Financial economics and macro-finance at Financial Stability<\/span><span class=\"nx-dest-why\">Financial Stability stewards this method.<\/span><span class=\"nx-dest-go\" aria-hidden=\"true\"><svg class=\"nx-arrow\" viewBox=\"0 0 16 16\" aria-hidden=\"true\"><path d=\"M3 8h10M9 4l4 4-4 4\"\/><\/svg><\/span><\/a><\/li><\/ul><\/div><\/div><\/section><section id=\"nx-s-12-sec\" class=\"nx-section nx-band-panel\" data-hue=\"finance\" aria-labelledby=\"nx-s-12\" role=\"tabpanel\" data-band-tab=\"nx-band-4-tab-2\"><div class=\"nx-container\"><div class=\"nx-section-head\"><div class=\"nx-eyebrow-row\"><span class=\"nx-eyebrow\">12<\/span><span class=\"nx-rule\" aria-hidden=\"true\"><\/span><span class=\"nx-eyebrow\">Questions<\/span><\/div><h2 id=\"nx-s-12\" class=\"nx-section-title\">Questions and answers.<\/h2><\/div><div class=\"nx-section-body\"><div class=\"nx-faq\"><details><summary>What are the limits of financial economics and macro-finance in this field?<\/summary><div class=\"nx-answer\">Relationships estimated in calm periods may break down in stress. Hidden leverage and interconnections are often unobserved.<\/div><\/details><details><summary>How are results checked?<\/summary><div class=\"nx-answer\">Models are back-tested against historical market episodes and crises. Results are compared with supervisory data and alternative specifications.<\/div><\/details><details><summary>Are the values on this page real?<\/summary><div class=\"nx-answer\">The data names, roles and checks are real descriptions of practice. The canvas shows a design of the method&#8217;s use, not a run; no result is reported here.<\/div><\/details><details><summary>Where else is this method applied?<\/summary><div class=\"nx-answer\">The <a class=\"nx-link\" href=\"https:\/\/therisk.global\/stem\/science\/financial-economics\/\">canonical method page<\/a> lists every platform that applies it.<\/div><\/details><\/div><\/div><\/div><\/section><\/div><\/div><\/section><section id=\"nx-sec-nr-gateway\" class=\"nx-section\" data-hue=\"climate\" data-tone=\"alt\" aria-labelledby=\"nx-nr-gateway-h\"><div class=\"nx-container\"><div class=\"nx-section-head\"><div class=\"nx-eyebrow-row\"><span class=\"nx-eyebrow\">Reports<\/span><span class=\"nx-rule\" aria-hidden=\"true\"><\/span><span class=\"nx-eyebrow\">Contribute<\/span><\/div><h2 id=\"nx-nr-gateway-h\" class=\"nx-section-title\">Contribute evidence from this page.<\/h2><p class=\"nx-lede\"><a class=\"nx-link\" href=\"https:\/\/docs.therisk.global\/organization\/programme\/reports\">Reports<\/a> is the Consortium&#8217;s quarterly publication. What you know about this subject can become evidence, a case or a correction in the next edition, credited to you and published under CC BY 4.0 where it is your own work.<\/p><div class=\"nx-chips\"><span class=\"nx-chip\">Global Risks Alliance<\/span><span class=\"nx-chip\">Climate and Nature Financial Risk<\/span><span class=\"nx-chip\">Finance and Insurance Readiness<\/span><span class=\"nx-chip\">Scenario and Stress-Test<\/span><\/div><\/div><div class=\"nx-section-body\"><ul class=\"nx-dest\"><li><a class=\"nx-dest-card\" href=\"https:\/\/globalriskalliance.com\/climate-nature-financial-risk\/write-to-us\/contact\/\"><span class=\"nx-dest-top\"><span class=\"nx-dest-rel\">Email<\/span><span class=\"nx-dest-host\">Gateway GW-GRA<\/span><\/span><span class=\"nx-dest-title\">Send it from this page<\/span><span class=\"nx-dest-why\">Evidence, a correction, a case, a method, a review, a translation or profile input. It arrives tagged with this page, so the editor who owns it receives it.<\/span><span class=\"nx-dest-go\" aria-hidden=\"true\"><svg class=\"nx-arrow\" viewBox=\"0 0 16 16\" aria-hidden=\"true\"><path d=\"M3 8h10M9 4l4 4-4 4\"\/><\/svg><\/span><\/a><\/li><li><a class=\"nx-dest-card\" href=\"https:\/\/globalriskalliance.com\/nexus-reports\/open-science\/#nx-sec-zenodo\"><span class=\"nx-dest-top\"><span class=\"nx-dest-rel\">Zenodo<\/span><span class=\"nx-dest-host\">Open deposit<\/span><\/span><span class=\"nx-dest-title\">Deposit it and submit to the community<\/span><span class=\"nx-dest-why\">Publish your own record on Zenodo with your ORCID iD, then submit it to the Reports community there. Curators review it; the DOI stays yours.<\/span><span class=\"nx-dest-go\" aria-hidden=\"true\"><svg class=\"nx-arrow\" viewBox=\"0 0 16 16\" aria-hidden=\"true\"><path d=\"M3 8h10M9 4l4 4-4 4\"\/><\/svg><\/span><\/a><\/li><li><a class=\"nx-dest-card\" href=\"https:\/\/globalriskalliance.com\/nexus-reports\/contribute\/\"><span class=\"nx-dest-top\"><span class=\"nx-dest-rel\">Reports<\/span><span class=\"nx-dest-host\">Global Risks Alliance<\/span><\/span><span class=\"nx-dest-title\">See every way to contribute<\/span><span class=\"nx-dest-why\">The contribution types, how each is reviewed, what credit you receive, the licence and what is never accepted.<\/span><span class=\"nx-dest-go\" aria-hidden=\"true\"><svg class=\"nx-arrow\" viewBox=\"0 0 16 16\" aria-hidden=\"true\"><path d=\"M3 8h10M9 4l4 4-4 4\"\/><\/svg><\/span><\/a><\/li><\/ul><div class=\"nx-live-slot\" data-nxf-slot=\"contribute\" data-nxf-kind=\"workflow\" data-nxf-resource=\"nexus:\/\/gra\/climate-nature-financial-risk\/stem\/financial-economics#contribute\" data-nxf-title=\"Contribute evidence\" data-nxf-height=\"480\" hidden><\/div><p class=\"nx-note nx-mt-3\">Never send personal data, sensitive infrastructure detail or anything you have no right to share. 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