2020 C.E.

World map with money on it

450 public development banks pledge to align with Paris Agreement

The first Finance in Common Summit gathered the world’s 450 public development banks to address recovery from the COVID-19 pandemic in line with the principles of sustainable finance. In a joint declaration the Banks pledge to align financing decisions with the Paris Agreement on climate change.

Faith institutions divest

47 faith institutions from 21 countries to divest from fossil fuels

The institutions which announced their divestment include the Commission of the Bishops’ Conferences of the European Union, Irish religious order the Sisters of Our Lady Apostles, the American Jewish World Service, and the Claretian Missionaries in Sri Lanka. Catholic, Protestant, and Jewish organizations joined the coalition.

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