Laudato Si’ and Catholic Investing

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Cardinal John Ribat of the Federation of Catholic Bishops Conference of Oceania shared their experiences of climate change thus giving voice to the “cry of the poor” and the “cry of the earth”. Speakers from Catholic institutions and the Church of Sweden of World Council of Churches provided real cases of divesting and reinvesting in renewable energy and its financial impact. Keynote speaker Ms. Ellen Dorsey reminded us that “we are not just bankers and investors, we are mission-driven and therefore cannot have contradiction.” Catholic institutions are challenged to make a difference, to contribute to social justice for as Rev. Henrik Grape (Church of Sweden) said, “it is wrong to wreck the planet and it is wrong to profit from the destruction of the planet; economies must serve the household and not the other way around”.  A big challenge indeed, but another keynote speaker, Cardinal Peter K.A. Turkson, president of the Dicastery for Promoting  Integral Human Development, urged the participants to take the progressive path - “to move slow or to move fast, but move we must now!

 

The event was co-sponsored by: The Catholic Agencies for Overseas Development (CAFOD) ,  CIDSE,  FOCSIV,  Justice, Peace and Integrity of Creation (JPIC) Commission,  The Global Catholic Climate Movement (GCCM), TROCAIRE.  The organizers will upload all conference materials on this site  http://bit.ly/catholicdivest

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