Around 40 faith-based organizations are participating in the ‘Platform for Divestment in the Mining Industry,’ meeting March 19-21 in Rome.
The Vatican on Friday helped launch a campaign encouraging Catholic organizations, bishops’ conferences, and religious communities to divest from the mining sector for the sake of human ecology — one of several initiatives marking last year’s 10th anniversary of Pope Francis’ encyclical Laudato Si’, which called for greater care toward environmental issues.
Sister Nina Krapić, in her first press conference since Pope Leo XIV appointed her deputy director of the Holy See Press Office, noted how institutions have responded to environmental crises by incorporating Pope Francis’ teachings.
“In response to the reality of environmental crises, around 40 faith-based organizations have come together to launch the ‘Platform for Divestment in the Mining Industry,’” she said. “This initiative promotes ethical finance within the framework of integral ecology and Church documents on technology and responsible investment.”
Cardinal Fabio Baggio, undersecretary of the Dicastery for Promoting Integral Human Development, said that while the mining industry is necessary to access essential minerals, it has negatively impacted local communities.
“We know that minerals are necessary for many aspects of contemporary life. However, we also know