This morning we published the preliminary results of our first economy-wide climate stress test to help both authorities and financial institutions assess the impact of climate risks over the next 30 3/4  BIS central bankers' speeches  years.
And one of the key takeaways from the recent financial crisis, in my view, is that we shouldn’t become enamoured with any one single model or line of thinking. Because it might be wrong. What’s important is to be aware that there is more 3/7  BIS central bankers' speeches  than one line of thinking and more than one model out there.