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40 Catholic institutions plan to divest $5 trillion from fossil fuel companies

By

Catholic News Service

WASHINGTON — Forty Catholic institutions, including the Belgian bishops’ conference and a leading church social welfare agency in South Africa, have decided to divest from fossil fuel companies.

The organizations cited the call of Pope Francis in his 2015 encyclical, “Laudato Si’, on Care for Our Common Home,” to take steps to protect the environment as well as the importance of making investments that lead to a carbon-neutral economy in an effort to address climate change. Read more »

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