Vatican Urges Church to Divest from Mining

0:00From the Daily News Now Network, this is Canada News Today. The Vatican is kicked off a new campaign urging the Catholic Church and other Christian groups to pull investments from mining companies. The push aims to align church money with its environmental values, drawing straight from Pope Francis's teachings on caring for the planet. This effort builds on his 2015 encyclical that highlighted the damage from resource extraction, especially to poor and indigenous communities. It's led by an ecumenical network focused on mining issues with strong roots in Latin America. Indigenous voices from places like Peru share painful stories at a Vatican event, pointing to polluted water that endangers families. A Guatemalan cardinal added that while mining projects bring short jobs, they mostly enrich shareholders and fail to support real community growth or fair resource sharing. Vatican officials admitted they need to check their own portfolios too, echoing calls for self-reflection. Just last month, the Vatican bank wrote out two new ethical investment benchmarks for Catholic

1:03funds worldwide, blending faith principles with solid financial sense. As this movement gains steam, it's setting a clear example for how religious institutions can steer global finance towards sustainability and justice.