Environment & Energy
Related: About this forumCatholic church to make record divestment from fossil fuels
Source: The Guardian
Catholic church to make record divestment from fossil fuels
Arthur Neslen
Tuesday 3 October 2017 06.30 BST
More than 40 Catholic institutions are to announce the largest ever faith-based divestment from fossil fuels, on the anniversary of the death of St Francis of Assisi.
The sum involved has not been disclosed but the volume of divesting groups is four times higher than a previous church record, and adds to a global divestment movement, led by investors worth $5.5tn.
Christiana Figueres, the former UN climate chief who helped negotiate the Paris climate agreement, hailed Tuesdays move as a further sign we are on the way to achieving our collective mission.
She said: I hope we will see more leaders like these 40 Catholic institutions commit, because while this decision makes smart financial sense, acting collectively to deliver a better future for everybody is also our moral imperative.
-snip-
Read more: https://www.theguardian.com/environment/2017/oct/03/catholic-church-to-make-record-divestment-from-fossil-fuels
California_Republic
(1,826 posts)Me.
(35,454 posts)5 + Tril and they keep begging for money!