Forty-seven faith-based institutions commit to divest from fossil fuels, following the Vatican’s guidelines on ethical investments.Global efforts to promote divestment from fossil fuels expanded further as 47 faith institutions announced their divestment from fossil fuels on Monday, in the largest-ever announcement of its kind among religious leaders. The Global Catholic Climate Movement in a statement said that 42 Catholic institutions and five other additional protestant and Jewish institutions have severed ties with the fossil fuel industry in a bid to help tackle the climate crisis. They join with nearly 400 other faith institutions that have divested from fossil fuels. This…
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