Despite Pope Francis' call for divestment a decade ago, Catholic institutions have made uneven progress

Despite Pope Francis' call for divestment a decade ago, Catholic institutions have made uneven progress

Ten years after Pope Francis urged Catholic institutions to move away from fossil fuel investments, only a fraction have fully divested, with many still prioritizing profit or opting for shareholder engagement.Liz Bulnes reports for Deutsche Welle.In short:The Vatican’s 2015 Laudato Si’ encyclical and later recommendations spurred 1,600 institutions globally — 384 of them Catholic — to pledge fossil fuel divestment, though full transparency and …