Catholic churches to make massive divestment from fossil fuels

October 4, 2017 by  
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To mark the anniversary of the death of Saint Francis of Assisi, over 40 Catholic institutions have announced their imminent divestment from fossil fuels, the largest move of its kind by a faith-based organization. The announcement’s timing with Saint Francis’s feast day, October 4, seems fitting for a Catholic Church guided by Pope Francis . He has elevated environmentalism as a key tenet of his papal tenure and chose his title to honor Saint Francis, who is known for his love of the natural world and the poor. Although the specific amount of divestment has not been yet released, the number of participating Catholic organizations is over four times the previous record . In recent years, divestment from fossil fuels has gained in strength as a tool to combat climate change by denying financial support, through investments, to companies and organizations in the fossil fuel industry. The global fossil fuel divestment movement is estimated to be worth $5.5 trillion. “I hope we will see more leaders like these 40 Catholic institutions commit,” said Christiana Figueres, former United Nations climate chief who helped negotiate the Paris climate agreement, “because while this decision makes smart financial sense, acting collectively to deliver a better future for everybody is also our moral imperative.” Related: Nuns build open-air chapel to protest natural gas pipeline on their land The Catholic institutions that are participating in the latest divestment include the Archdiocese of Cape Town, the Episcopal Conference of Belgium and the German Church bank and Catholic relief organisation Caritas. The Italian town of Assisi, Saint Francis’s hometown, also divested from fossil fuels on the day prior to a visit from Italian Prime Minister Paolo Gentolini. “When we pay attention to the environment, we pay attention to poor people, who are the first victims of climate change,” said Assisi Mayor Stefania Proietti. “When we invest in fossil fuels, we stray very far from social justice. But when we disinvest and invest in renewable and energy efficiency instead, we can mitigate climate change, create a sustainable new economic deal and, most importantly, help the poor.” Via the Guardian Images via Nicola/Flickr ,  Long Thiên/Flickr , and Christopher John/Flickr

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Catholic churches to make massive divestment from fossil fuels

King Coal and the irony of the endgame

February 16, 2016 by  
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What’s killing coal is not the EPA, the Paris Accords, or the divestment movement. It’s the six-shooter-toting, climate-change-disbelieving Texas oilmen.

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King Coal and the irony of the endgame

Wake up: We still have a long, long way to go

February 16, 2016 by  
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Sustainability is finally on the table in corporate management, but its practice remains woefully lacking.

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Wake up: We still have a long, long way to go

State of Green Business: Supply chains go high tech

February 16, 2016 by  
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Global production networks are more complex than ever. Can mobile devices, data analytics and on-demand logistics help cut through the noise and improve sustainability?

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State of Green Business: Supply chains go high tech

3 hurdles barring the track to a circular economy

February 16, 2016 by  
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What must we overcome? Business and government leaders at a recent event in Washington, D.C. explored the obstacles.

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3 hurdles barring the track to a circular economy

UN committee announces support for fossil fuel divestment movement

March 17, 2015 by  
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The arm of the United Nations that deals with climate change negotiations announced recently announced its support for the campaign towards fossil fuel divestment . According to the Guardian , the United Nations Framework Convention on Climate Change (UNFCCC) said it was lending its “moral authority” to the divestment campaign as it seeks a strong deal to confront global warming at this year’s key UN summit in Paris in December. Read the rest of UN committee announces support for fossil fuel divestment movement Permalink | Add to del.icio.us | digg Post tags: ban ki-moon , Climate Change , coal , divestment , fossil fuel divestment movement , gas , global warming , nufccc , oil , UN , United Nations

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UN committee announces support for fossil fuel divestment movement

Rainwater-harvesting Topique Sky mirror unveiled at Saint-Etienne Biennale 2015

March 17, 2015 by  
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Artist Isabelle Daëron recently unveiled a rainwater-harvesting sky mirror at the 2015 Biennale Internationale Design Saint-Etienne . The installation consists of a rainwater harvester, a pipe, and a black reflector that mirrors the sky when rainwater collects on its hydrophobic surface. Topique-sky is constructed from durable materials including rubber, stainless steel, and polyethylene, and it provides a contemplative space to sit and reflect. + Isabelle Daëron The article above was submitted to us by an Inhabitat reader. Want to see your story on Inhabitat ? Send us a tip by following this link . Remember to follow our instructions carefully to boost your chances of being chosen for publishing! Permalink | Add to del.icio.us | digg Post tags: Biennale Internationale Design Saint-Etienne , hydrophobic , Isabelle Daeron , polyethylene , rainwater , rainwater harvesting , reader submitted content , Saint-Etienne Biennale 2015 , sky mirror , stainless steel , Topique-sky

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Rainwater-harvesting Topique Sky mirror unveiled at Saint-Etienne Biennale 2015

Green Climate Fund promises paradigm shift in clean energy funding

December 12, 2014 by  
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Here’s good news for tackling climate change: the Green Climate Fund has announced it will only invest in energy projects that depart from “business as usual” and have a major impact to counteract climate change. The recently established Green Climate Fund (GCF) aims to make an ambitious financial contribution to global efforts in meeting goals set out to combat climate change. Reuters reports that the recent announcement was made on the back of a letter from environmental organizations and development agencies that called on the GCF not to allow its funds to be used to finance fossil fuels or other polluting energy sources – either directly or indirectly. Read the rest of Green Climate Fund promises paradigm shift in clean energy funding Permalink | Add to del.icio.us | digg Post tags: change , clean , climate , divestment , fossil fuels , fund , funding , global , green , green climate fund , investment , paradigm , power , renewable energy , Shift , tackle , warming

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Green Climate Fund promises paradigm shift in clean energy funding

San Francisco Board Passes Resolution to Divest $583 Million from the Fossil Fuel Industry

April 24, 2013 by  
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San Francisco’s board of supervisors unanimously passed a resolution to divest $583 million from the fossil fuel industry. The resolution will move funds from the San Francisco Employee Retirement System (SFERS) , which currently invests in 91 out of 200 fossil fuel corporations, and will deliver a huge blow to companies like Chevron, ExxonMobil and Shell Oil. After an extensive campaign led by 350.org that has spread to over 100 cities and 300 college campuses across the United States, San Francisco’s board of supervisors has voted to make their city the third, after Ithaca and Seattle, to stop funding the fossil fuel industry once and for all. Read the rest of San Francisco Board Passes Resolution to Divest $583 Million from the Fossil Fuel Industry Permalink | Add to del.icio.us | digg Post tags: 3rd city to divest from fossil fuels , activism , Bill McKibben , California , Climate Change , divestment , Environment , fossil fuel industry , global warming , go fossil free campaign , investment , money , News , San Francisco , San Francisco Board of Supervisors , SFERS        

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San Francisco Board Passes Resolution to Divest $583 Million from the Fossil Fuel Industry

Organovo 3D-Prints the World’s First Tiny Human Livers

April 24, 2013 by  
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San Diego-based bioprinting company Organovo has successfully created functional 3D-printed livers—albeit very, very tiny ones. At half a millimeter deep by four millimeters wide, the livers will likely be used for medical tests, but Organovo hopes that they will soon produce full-sized livers that could do away with agonizing waits on long transplant lists. Read the rest of Organovo 3D-Prints the World’s First Tiny Human Livers Permalink | Add to del.icio.us | digg Post tags: 3D printing , artificial organs , autodesk , bioprinting , organovo , print living tissue , printed livers , printed organs , synthetic tissue        

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Organovo 3D-Prints the World’s First Tiny Human Livers

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