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The Independent UK
The Independent UK
National
Nicole Winfield

Vatican launches campaign to encourage divestment from mining industries

Vatican Divestment - (Copyright 2026 The Associated Press. All rights reserved)

The Vatican on Friday launched a campaign to encourage divestment from mining industries, saying the Catholic Church should invest its money in ways that are consistent with its ecological teachings.

The effort, which also involves other Christian organizations, takes as its inspiration Pope Francis’ 2015 environmental encyclical “Praised Be.” The document, and the ecological movement it inspired, railed against the multinational corporations that pillage Earth’s natural resources, often at the expense of poor and Indigenous peoples.

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