9 6/7  BIS central bankers' speeches  9 See the box “Developments Related to Financial Stability” in Board of Governors of the Federal Reserve System  (2018), Monetary Policy Report (Washington: Board of Governors, February), pp. 24–26.
These scenarios, our flagship product, have been put to use in climate stress tests by central banks, supervisors and the private sector worldwide. The NGFS recently updated the scenarios and is striving to further improve their sectoral and regional granularity. This will give a clearer picture of regional adaptation and investment needs.