"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2021-10-14T17:38:54Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2021/10/14/iea-fatih-birol-clean-energy.cnnbusiness"
data-branding-key=""
data-video-slug="iea fatih birol clean energy"
data-first-publish-slug="iea fatih birol clean energy"
data-video-tags="business and industry sectors,business executives,business, economy and trade,energy and utilities,energy and utility policy,environment and natural resources,environmentalism,government organizations - intl,international energy agency,labor and employment,renewable energy,workers and professionals,accidents, disasters and safety,air transportation,air transportation safety,economic indicators,economy and economic indicators,energy and resources,energy economic indicators,safety issues and practices,transportation and warehousing,travel and tourism,travel safety and security"
data-details="">
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2021-10-14T17:38:54Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2021/10/14/iea-fatih-birol-clean-energy.cnnbusiness"
data-branding-key=""
data-video-slug="iea fatih birol clean energy"
data-first-publish-slug="iea fatih birol clean energy"
data-video-tags="business and industry sectors,business executives,business, economy and trade,energy and utilities,energy and utility policy,environment and natural resources,environmentalism,government organizations - intl,international energy agency,labor and employment,renewable energy,workers and professionals,accidents, disasters and safety,air transportation,air transportation safety,economic indicators,economy and economic indicators,energy and resources,energy economic indicators,safety issues and practices,transportation and warehousing,travel and tourism,travel safety and security"
data-details="">
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2024-03-31T00:30:19Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2024/03/30/cocoa-chocolate-pricing-surge-easter-rodriguez-nr-vpx.cnn"
data-branding-key=""
data-video-slug="cocoa chocolate pricing surge easter rodriguez nr vpx"
data-first-publish-slug="cocoa chocolate pricing surge easter rodriguez nr vpx"
data-video-tags="agricultural commodities,agriculture,agriculture, forestry, and commercial fishing,banking, finance and investments,business and industry sectors,business, economy and trade,commodity markets,consumer products,domestic alerts,domestic-business,easter,financial markets and investing,food and drink,food products,holidays and observances,iab-agriculture,iab-business,iab-business and finance,iab-business banking & finance,iab-commodities,iab-desserts and baking,iab-economy,iab-financial industry,iab-food & drink,iab-industries,international alerts,international-business,kinds of foods and beverages,price increases,sweets and desserts"
data-details="">
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2024-03-22T12:43:25Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2024/03/22/trump-truth-social-prepares-to-go-public-egan-cnntm-vpx.cnn"
data-branding-key=""
data-video-slug="trump truth social prepares to go public egan cnntm vpx"
data-first-publish-slug="trump truth social prepares to go public egan cnntm vpx"
data-video-tags="companies,domestic alerts,domestic-business,domestic-us politics,donald trump,iab-computing,iab-internet,iab-politics,iab-social networking,iab-technology & computing,international alerts,international-business,international-us politics,political figures - us,social media,society,trump media & technology group"
data-details="">
Video Ad Feedback
Donald Trump may be on the verge of a massive financial win
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2024-03-21T05:30:53Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2024/03/21/china-nongfu-spring-boycott-stewart-lkl-hnk-vpx.cnn"
data-branding-key=""
data-video-slug="china nongfu spring boycott stewart lkl hnk vpx"
data-first-publish-slug="china nongfu spring boycott stewart lkl hnk vpx"
data-video-tags="beverages,bottled water,boycotts,business and industry sectors,business, economy and trade,consumer products,food and drink,iab-food & drink,iab-non-alcoholic beverages,kinds of foods and beverages"
data-details="">
Video Ad Feedback
See why some Chinese people are boycotting a popular brand
The Financial Stability Oversight Council released a report on climate change Thursday, outlining the danger that a warming planet will haveon the financial future of the United States.
Climate change is an “emerging threat to the financial stability of the United States,” Stephen Ledbetter, the executive director and director of policy at the FSOC, said during a call with reporters Thursday.
“This report makes it clear that financial regulators understand the need for action to ensure that the climate crisis doesn’t cause the next financial crisis,” saidBen Cushing, manager of the Sierra Club’s Fossil-Free campaign, said in a statement.
He emphasized that the FSOC board left out “key risk-reduction tools,” which makes the report more vague and fails to treat climate change “with the urgency it deserves.”
“On top of the threats from climate change itself, climate solutions will threaten financial stability if regulators don’t steer finance in a more productive direction,” David Arkush, the director of Public Citizen’s Climate Program, told CNN Business.
“As of now, Wall Street is aggressively financing fossil fuels,” he added. “Investments that will become worthless as we make progress on climate targets.”
The International Monetary Fund recently shared the same sentiment with CNN Business. Tobias Adrian, the director of the IMF’s monetary and capital markets department, said the climate crisis could “absolutely” ignite a financial crisis.
