Church of England agrees to disinvest from fossil fuel companies not in line with the Paris Climate Change Agreement

Breaking: Goddard amendment passes at General Synod

The Bishop of Oxford says:

“I am very pleased that the Church of England has agreed to disinvest from fossil fuel companies not in line with the Paris Climate Change Agreement in 2020 and to complete that disinvestment by 2023 at the latest if they are not prepared to align their plans with the Paris Agreement and a carbon zero future.

That is a considerable step forward. Our thanks to the General Synod members and agencies who supported the amendment. We will continue to press for more rigorous assessment criteria within the Transition Pathway Initiative and to encourage the National Investment Bodies in their urgent and robust engagement.”

  • Bishop Steven’s speech to General Synod
  • Words of the Goddard amendment (passed): [the Church of England…] urges the NIBs to ensure that by 2023 they have disinvested from fossil fuel companies that they have assessed, drawing on TPI data, as not prepared to align with the goal of the Paris Agreement to restrict the global average temperature rise to well below 2°C

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