Divest the Vatican

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To His Holiness, Pope Francis:

Your acknowledgement of the dire threat of climate change, the Vatican’s efforts to become the first carbon-neutral state, and your dedication to caring for Creation give us great hope.

We urge you to use the power of your office to set an example for the world. We call on you to divest the Vatican Bank from all investments in the fossil fuel industry, which is driving the climate crisis, and to publicly support the growing movement to divest from fossil fuels.

Thank you for your leadership.

Signed,

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If it’s wrong to wreck the planet, then it’s wrong to profit from that wreckage.

The movement to divest from fossil fuels has always hinged on a fundamentally moral argument: Investment in the fossil fuel industry is wrong. Climate change is unjust.

These are precepts that Christians and non-Christians alike can agree on. In the past two years, hundreds of universities, cities, and faith communities have rallied around the idea of fossil fuel divestment, calling on institutions to align their investments with their moral principles and send a clear symbolic message: The actions of this industry are incompatible with a livable planet, and we are taking a stand against it.

Many leaders have responded, with institutions like the Unitarian Universalists, the United Church of Christ, and the World Council of Churches committing to fossil fuel divestment in just the past few months. In June, the University of Dayton became the first Catholic University to divest.

The tide is turning. Now it’s time to divest the Vatican.

With the ear of 1.2 billion Catholics and the respect of Christians and non-Christians alike, Pope Francis is uniquely positioned to add both his voice and the unique moral power of his office to the divestment movement.

In the coming months, Pope Francis plans to release an encyclical, one of the highest forms of Catholic teaching, on humanity’s role in caring for the Earth.

The Pope understands the threat of climate change. He understands the moral imperative of caring for creation. He understands that if we do nothing, then the impacts of climate change will be horrific, and will fall hardest on the world's most vulnerable people. He gets that humans are responsible for protecting the planet -- and ourselves.

Let’s ask Pope Francis to make divestment part of his moral argument.



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The movement to divest from fossil fuels has always hinged on a fundamentally moral argument: Investment in the fossil fuel industry is wrong. Climate change is unjust.

On June 18th 2015, Pope Francis joined the moral call in the released encyclical by saying:

“We know that technology based on the use of highly polluting fossil fuels … needs to be progressively replaced without delay”

Pope Francis is crystal clear that the current development model based on the intensive use of coal, oil and even natural gas, must end. In its place we need renewable energy options and new modes of production and consumption that combat global warming. This is precisely what a growing movement of students, faith communities, socially responsible investors and everyday citizens are calling on individuals and private and public institutions to do: Divest their money from fossil fuels and invest it in climate solutions like wind, solar, and energy efficiency.

This call to move away from fossil fuels was emphatically stressed by a 2015 statement of Catholic Bishops from all continents, whom asked to “put an end to the fossil fuel era… and provide affordable, reliable and safe renewable energy access for all”

Catholic institutions are divesting from fossil fuel companies and investing in renewable energy as part of their response to the urgent call Pope Francis sounded in the Laudato Si’ encyclical. To date already 70 Catholic institutions chose the path of divestment.

The tide is turning. Now it’s time to divest the Vatican.

With the ear of 1.2 billion Catholics and the respect of Christians and non-Christians alike, Pope Francis is uniquely positioned to add both his voice and the unique moral power of his office to the divestment movement.

With the encyclical Pope Francis has chosen to stand with the people who fight for justice and a sustainable planet. He understands the moral imperative of caring for creation.

We believe that Pope Francis will take the right action and direct the Vatican bank to divest.

However, by starting a divestment campaign in your Catholic diocese, university, school, hospital or other institution you will be helping to build momentum for Pope Francis to divest the Vatican. Every Catholic institution that commits to divest will also send one of the most powerful moral signals yet that the age of fossil fuels is coming to an end.

Starting a divestment campaign is easier than you might think, and we have all the resources you need to get started. Find out more about how to start your campaign below.

 

Divestment is a key way to be consistent with Pope Francis’ call. 

 

Sign the petition Check out the Divestment Toolkit

Pope Francis has been voicing his concerns about the climate

But now it’s time to take action and divest. Share these on social media and help spread the call.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Tell the Pope to divest the Vatican
from fossil fuels:

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