At the start of COP29, ORCIE worked with the international Laudato Si’ Movement to include news from 3 Canadian organizations – Saint Paul University, OMI Lacombe and the Servants of the Holy Heart of Mary – who recently divested from fossil fuels. Together we are sending a strong signal to negotiators at the start of the UN climate summit in Azerbaijan that fossil fuels are morally unacceptable, given the negative climate, biodiversity and human rights impacts of extracting, transporting and burning fossil fuels.
“Fossil fuel divestment is a powerful and prophetic step, recommended by the Vatican, which an increasing number of Catholic institutions are taking in response to the growing climate crisis” shares James Buchanan, divestment campaigner for the Laudato Si Movement. “The fossil fuel industry has consistently demonstrated that it is not prepared to take the action needed to avert climate chaos, with several major oil companies rowing back on climate commitments in the last year.”
Together we are calling for all faith institutions to divest from fossil fuel companies and invest in clean energy solutions.
Register your commitment here! Divestment – Laudato Si’ Movement
Read OMI Lacombe Canada press release: Press Release OMI Lacombe Canada divests financial holdings in fossil fuel companies – OMI Lacombe