Bright Now

Today, 36 faith institutions from 11 countries announce their divestment from fossil fuels. It comes from institutions in Brazil, Argentina, India, the Philippines, Uganda, Italy, Spain, Switzerland, Ireland, the UK and the United States. The leadership of these faith organisations highlights the urgent need to divest from fossil fuels and invest in clean alternatives in response to the growing climate crisis.

On Tuesday 22 September, Operation Noah and partner organisations hosted the first part of a webinar series on Catholic investment for an integral ecology.

The webinar series is sponsored by Operation Noah, CAFOD, Global Catholic Climate Movement, the Catholic Impact Investing Collaborative, the Conference of Religious, the Association of Provincial Bursars, Trocaire, National Justice & Peace Network and Justice & Peace Scotland.

Together with our friends at the World Council of Churches, the Global Catholic Climate Movement, Green Anglicans and GreenFaith, we are pleased to share a global divestment announcement of faith organisations. 

Today, 42 faith institutions from 14 countries, including 21 from the UK, announce their divestment from fossil fuels. This is the largest-ever joint announcement of divestment from fossil fuels from faith institutions. It comes from institutions in the UK, Argentina, Australia, Bangladesh, Brazil, Colombia, Ecuador, Indonesia, Ireland, Italy, Kenya, Myanmar, Spain and the United States.

Together with our friends at the World Council of Churches, the Global Catholic Climate Movement, Green Anglicans and GreenFaith, Operation Noah has been planning a global divestment announcement for faith organisations at the end of March 2020, which was due to coincide with the Economy of Francesco conference in Assisi.

We have been following the news in recent weeks on the coronavirus outbreak here in the UK and around the world and are remembering all those affected and everyone working to control the outbreak in our prayers.

UPDATED: New date for global divestment announcement: 18 May 2020. Please read the following.

A diverse coalition of 22 faith institutions from around the world have just announced their decision to divest from fossil fuels.

With these commitments and others, the world has reached a new milestone. Since 2014, the value of institutions divesting from fossil fuels has risen from a starting point of $50 billion to more than $11 trillion of assets today.