by Guadalupe López Aguilar | Jul 20, 2021 | Blog, News and Updates
The World Council of Churches, the Global Catholic Climate Movement, Operation Noah, Green Anglicans and GreenFaith invite faith organisations from around the world to join a global fossil fuel divestment announcement on 25 October 2021.
The global announcement, which will take place shortly after the UN biodiversity conference (COP15) and before the G20 Leaders’ Summit and UN climate talks (COP26), will emphasise the urgent moral imperative to divest from fossil fuels, given their destructive impacts on climate, biodiversity and human rights.
Fossil fuel divestment is a powerful act of faith that hundreds of religious institutions around the world have taken to respond to the climate emergency. It increases pressure on governments and financial institutions to end financing for the fossil fuel industry. Furthermore, an increasing number of faith investors are investing in solutions to the climate crisis, and providing access to clean, affordable energy, including zero-carbon energy solutions for the 800 million people without access to electricity.
Any groups interested in joining the announcement will confirm (i) that they have divested from fossil fuel investments; or (ii) that they will divest from any investments in fossil fuels as soon as possible, and within five years at the latest; or (iii) that they do not hold any fossil fuel investments and will not invest in fossil fuels in the future.
Convinced that sustainability is the only way to continue our existence and take care of our common home, she joins LSM to achieve it.