FFNPT
All assets submitted in this form we keep strictly confidential and never disclose them publicly. We only include this number in the general number of assets divested.
“We know that technology based on the use of highly polluting fossil fuels – especially coal, but also oil and, to a lesser degree, gas – needs to be progressively replaced without delay” (LS 165)
Non-proliferation
Prevent the proliferation of coal, oil and gas by stopping all new exploration and production.
[Additional info: Stop the expansion of any new coal, oil, or natural gas production in accordance with the best available science, as outlined by the IPCC and the United Nations Environment Programme (UNEP)].
Fair phase out:
[Additional info: Phase out current fossil fuel production in a fair and equitable manner, considering countries’ respective dependence on fossil fuels and their transition capacity]
Just and equitable transition:
[Additional info: Ensure a just energy transition to 100% access to renewable energy worldwide, support dependent economies to diversify away from fossil fuels and enable all people and communities, including the Global South, to prosper.]
“to bring the whole human family together to seek a sustainable and integral development, for we know that things can change” (LS #13)
Why Catholics Join the
Treaty and Fossil Fuel Divestment
“From a physical science point of view, limiting human-induced global warming to a specific level requires limiting cumulative CO2 emissions, achieving at least net-zero CO2 emissions, along with deep reductions in other greenhouse gas emissions” (IPCC 2022)
“Today the signs are not good. Investments in fossil fuels continue to grow, despite scientists telling us that fossil fuels should stay in the ground”. “We must work together to … end global dependence on fossil fuels” (Pope Francis, special address, May 29, 2019).
“the reduction of greenhouse gasses requires honesty, courage and responsibility, especially from the most powerful and most polluting countries” (LS #169).
“There is an urgent need to develop policies so that, in the next few years, the emission of carbon dioxide and other highly polluting gasses can be drastically reduced, for example, substituting for fossil fuels and developing sources of renewable energy”, and that, “worldwide there is minimal access to clean and renewable energy” (LS #26).
“Today [we] need to give due consideration to the energy problem. The fact that some States, power groups and companies hoard non-renewable energy resources [i.e. fossil fuels] represents a grave obstacle to development in poor countries. (Emeritus Pope Benedict XVI – Caritas in Veritate #49)
FFNPT Resources
FFNPT Events
Exhibit “Places of Climate Injustices”
Laudate Deum brings much needed attention to the climate injustices still prevalent throughout our common home. In line with the core message of Laudate Deum, Our Season of Creation campaign […]
FFNPT Blogs And Press Releases
Earth Overshoot Day: A Call to Preserve God’s Creation
Earth Overshoot Day marks the date when humanity’s demand for natural resources exceeds the Earth’s capacity to regenerate them in a given year.
Our Money Speaks of What’s Important for Us
In February of 2022, the Sisters of St. Benedict from the Monastery Immaculate Conception in Ferdinand, Indiana had a study day on the encyclical Laudato Si’. “We spent the morning looking at the...
Banking on Eco-Conversion
Discover how one individual’s awakening to their bank’s harmful impact on the environment led to an inspiring journey of eco-conversion.
The EACop bomb – resist and act together, a call for Catholics
In East Africa as in Europe, the mobilization of the faithful is useful in trying to prevent damage to Creation.
This Earth Day, ask yourself: where is your treasure?
As we celebrate Earth Day, we also celebrate the recent global divestment announcement that hundreds of religious institutions have already joined and encourage you to take action.
Banks fund the climate crisis, do Catholics?
How does your bank relate to climate crisis? Sure, there's what you do with your money (which your bank keeps for you), but there's another thing: it's likely that your bank is funding the fossil...
LSM statement about the last UN resolution
A UN resolution was adopted last week that should make it easier to hold polluting countries legally accountable for failing to tackle the climate emergency
Catholic faithful take the lead in moving away from fossil fuels
During Lent, many Laudato Si’ Animators around the world have been on the move to encourage the Church to think about how our finances should work toward the exit from fossil fuels.
Going net zero: A winning strategy for business
As we move towards businesses without a NetZero strategy will be less attractive to consumers. ISO has provided NetZero guidelines for businesses and organizations. Failure to comply with these guidelines will make businesses less desirable to consumers, as seen in the Ugandan East African crude oil pipeline project (EACOP) case.