World Council of Churches pulls fossil fuel investments

Tuesday, July 15th, 2014

The World Council of Churches has decided to withdraw its investments in fossil fuel companies.

The move has been hailed by climate campaigners as a major victory.

The WCC represents half a billion Christians in 345 member churches, including the Church of England, but not the Catholic Church.

It is not clear divestment in fossil fuels will apply only to the council itself, which has a comparatively small investment fund, or its members as well.

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News category: News Shorts.

Tags: Fossil fuels, Investments, World Council of Churches

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