; (3) make any final work product and any data sets or other inputs used in the development of the final work product, publicly available; and (4) provide technical assistance to covered entities in assessing physical risks or transition risks. (d) Inapplicability of Federal Advisory Committee Act The Federal Advisory Committee Act (5 U.S.C. App.) shall not apply with respect to the Technical Development Group. 5. Development and updating of climate change risk scenarios (a) In general (1) Initial development Not later than 1 year after the date of enactment of this Act, the Board of Governors, in coordination with the climate science leads, and taking into consideration the recommendations of the Technical Development Group, shall develop 3 separate climate change risk scenarios as follows: (A) One scenario that assumes an average increase in global temperatures of 1.5 degrees Celsius above pre-industrial levels. (B) One scenario that assumes an average increase in global temperatures of 2 degrees Celsius above pre-industrial levels. (C) One scenario that— (i) assumes the likely and very likely average increase in global temperatures that can be expected, taking into consideration the extent to which national policies and actions relating to climate change have been implemented, as of the date on which the scenario is developed, or on which the scenario is updated under paragraph (2), as applicable