25 signatures reached
To: The Representative Body of the Church in Wales
Disinvest the Church in Wales from fossil fuels
1. We ask the investment bodies of the Church in Wales to make an explicit commitment to disinvest from companies involved in the extraction of oil, coal and gas, as soon as possible.
2. We urge the investment bodies to explore options for investment in clean alternatives to fossil fuels and positive solutions to environmental and social issues.
Why is this important?
1. Care for God’s creation is central to the Christian faith. There is a moral imperative for the Church and Christian community in the UK to take immediate and decisive action in response to the growing threat of human-induced climate change from the burning of fossil fuels.
2. The impact of human-induced climate change is already being experienced around the world, often affecting poorer communities most. The impacts, which are likely to increase, include reduced food security, drought, famine, severe flooding and extreme weather causing devastation, fires, heat-waves, disease and migration of populations.
3. The scientific consensus tells us that 80% of known fossil fuel reserves must not be burned but must remain in the ground, in order to keep the rise in average global temperature to below 2 degrees Celsius, the internationally agreed level to avoid catastrophic climate change.
4. The Church has a unique opportunity to demonstrate leadership on this issue and to influence the public debate on the ethics of continuing to invest in fossil fuels.
5. Increasing numbers of experts in the financial sector are warning of the increasing financial risk of investing in fossil fuels. The Church in Wales currently holds substantial investments in major fossil fuel companies.
For more information about the campaign please see www.brightnow.org.uk