We have a number of new and exciting projects underway. One new client is PEFC, the global Programme for the Endorsement of Forest Certification, where we are helping with strategic planning. PEFC endorses standards used to give society assurance that people manage forests sustainably. We are able to deploy our deep experience with both environmental issues and standards markets in our work with them. We have also been working with PwC and the World Economic Forum on a ground-breaking project to move from just identifying global risks to providing a framework for their solution. In our view, the world needs to get together and collaborate on these big issues, or collapse. The objective of the work is to provide a methodology and set of publications to help people organise cooperative efforts to combat climate change, public health and security problems of a global nature.