---
title: "Breaking: Biggest-ever joint faith divestment from fossil fuels"
date: 2020-05-18T14:58:02Z
modified: 2023-10-03T15:04:10Z
permalink: "https://350.org/breaking-biggest-ever-joint-divestment-from-fossil-fuels/"
type: post
status: publish
excerpt: A global coalition of 42 faith institutions divest from fossil fuels, calling for a just recovery that puts people and planet at its heart.
wpid: 123958
categories:
  - Featured
  - Finance
  - Global
tags:
  - churches
  - Climate Justice
  - faith
  - just recovery
  - Just transition
featured_image: /wp-content/uploads/2020/05/Divest-Tw-03.png
author: Jenny Tuazon
---

Today, 42 faith institutions from 14 countries [announce](https://350.org/press-release/faith-institutions-call-for-a-just-recovery-by-divesting-from-fossil-fuels/) their divestment from fossil fuels. This is the largest-ever joint fossil fuel divestment announcement by faith institutions.

Let’s seize the opportunity to build on this moment – [watch and share this video](https://www.facebook.com/350.org/posts/10158689077047708):

As governments around the world make substantial investments in an economic recovery from coronavirus, these faith communities urge them to focus on a low-carbon recovery from the pandemic that centers justice. To date, over 350 of the 1,400 divestment commitments worldwide come from faith institutions. Their action today puts pressure on governments around the world to enact policies that will lead to a comprehensive and resilient recovery.

[![](https://350.org/wp-content/uploads/2020/05/42faith-700x700.jpeg)

](https://twitter.com/OperationNoah/status/1262282675160780800)**This is a clear signal to the rest of the world that any future investments or stimulus funds must reject fossil fuels and provide long-term structural emissions reductions**. The solutions to the economic crisis are the solutions to the climate crisis.

It’s high time for governments to accelerate the transition needed towards a 100% renewable energy future. **Any financial intervention must put people and their livelihoods at its core.**

#### **Want to do more?**

Support the call for a united global response to the COVID-19 pandemic that ensures a [just recovery](https://350.org/just-recovery/) and transition to a better future for people and the planet.

[I support the Principles for a Just Recovery](https://350.org/just-recovery)