Over 30 Faith Institutions Announce a Multi-millionaire Divestment from Fossil Fuel Companies Jul 5, 2022 | Blog, Divestment, News and Updates, PressCatholic organizations have divested more than $500 million in combined assets Rome, July 5, 2022 – In total, thirty five faith institutions from six countries with more than $1.25 billion in combined assets announced today their divestment from fossil fuel...
Archbishop William Nolan: ‘It will be an embarrassment for any Catholic institution that hasn’t divested’ Jun 30, 2022 | Advocacy, Blog, Divestment, News and UpdatesArchbishop of Glasgow William Nolan urged all Catholic institutions to divest from fossil fuels as a way to live out their faith and work against the climate emergency and biodiversity crisis. Eventually, Archbishop Nolan said, “It will be an embarrassment for any...
What is a green economy? How to invest in projects and initiatives that take care of the planet. May 27, 2022 | Blog, Divestment, Laudato Si' Week, News and UpdatesGathered at the Dominican Sisters’ An Tairseach Ecological Retreat Center in Kilmantin Hill, Wicklow, Ireland, the hybrid event “Investing Consistently with Faith, Living Laudato Si'” was held on the fifth day of Laudato Si’ Week, Thursday, May...
Jeff Sachs: “We all inhabit the same planet and share the same air” May 26, 2022 | Blog, Divestment, Laudato Si' Week, News and UpdatesTo discuss the current reality of fossil fuels and the transition to sustainable development, linking the climate crisis to war, the fourth day of Laudato Si’ Week brought together a panel of experts in a webinar. Jeffrey Sachs, senior advisor to the United...
Laudato Si’ Movement statement on Italian agency SACE not investing in EACOP May 26, 2022 | Blog, Campaigns, Divestment, Press, StatementsROME, MAY 26, 2022 – Laudato Si’ Movement applauds the decision by Italian Export Credit Agency SACE to join the growing number of financial institutions declining to invest in the East Africa Crude Oil Pipeline (EACOP). The decision, made just days before...
Are we living up to the Paris climate goals? Short answer: No May 24, 2022 | Blog, Divestment, News and UpdatesPhoto credit: Marek Piwnicki (Pexels) On the seventh anniversary of the publication of the encyclical Laudato Si’, May 24, an updated analysis has just been published revealing that the oil industry’s climate plans are grossly insufficient to achieve the...