GLOBAL DIVESTMENT ANNOUNCEMENT

NOVEMBER 2020

The World Council of Churches, the Global Catholic Climate Movement, Operation Noah, Green Anglicans and GreenFaith invite faith institutions from around the world to join a global divestment announcement on 16 November 2020.

The global divestment announcement, which will coincide with the fifth anniversary of the Paris Agreement, offers an opportunity to faith organisations to highlight the urgent need to divest from fossil fuels and invest in clean alternatives.

The announcement will send a strong message to world leaders meeting at the G20 summit in November about the need for a green and just recovery from Covid-19. It will take place the week before the Economy of Francesco event, at which Pope Francis will give an online address to young economists and entrepreneurs from around the world.

Divestment from fossil fuel holdings is a powerful act of faith that hundreds of religious institutions around the world have taken to respond to the climate emergency. It represents the shifting of investments out of an industry that is a primary cause of the climate crisis. Furthermore, an increasing number of values-driven investors are investing in solutions to the crisis, and are financing enterprises and initiatives providing access to clean, affordable energy, including zero-carbon energy solutions for the 850 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.

UPDATE GOOD NEWS

Read more about how Faith Institutions joined together to continue the wave of divestment sweeping the world, the URC AND SOUTHERN SYNOD WERE PART OF THIS ANNOUNCEMENT

https://brightnow.org.uk/news/faith-institutions-launch-new-wave-of-divestment/

The news has also been covered by BusinessGreenVatican NewsKeep the Faith and others in the UK and globally (I’ve noticed an article in La Repubblica, an Italian national newspaper).

It has also been widely shared on Twitter, including by Bill McKibben! There’s a tweet from us here and Bill’s tweet is here 🙂

URC RESOLUTION PASSED @ Mission Council Nov 2020

Resolution G1

  1. Having recently recognised the climate emergency (Resolution 14, July 2020), Mission Council calls for all councils, committees, local churches and individuals to work towards eliminating the use of single-use plastics, given their significant environmental impact.

  2. Mission Council notes with alarm the huge increase in the use of disposable items during the Covid-19 pandemic, especially single-use plastics. While there are occasions during this pandemic when it is impossible to avoid the use of single-use plastic items, their use should be kept to an absolute minimum. They should also be carefully disposed of in a way that minimises their impact on the environment.

More information here