After a meeting last month with Pope Francis, oil and finance executives from around the world have pledged “sustained, large-scale action and additional technological solutions to keep global warming below 2°C while advancing human and economic prosperity”.

Driving the news

On 14 June Francis met in the Vatican with leaders of global oil and gas companies.

The Pope told the executives that “faced with a climate emergency, we must take action accordingly, in order to avoid perpetrating a brutal act of injustice towards the poor and future generations”.

“Dear friends, time is running out! Deliberations must go beyond mere exploration of what can be done, and concentrate on what needs to be done, starting today”, insisted Francis.

What’s next

According to a statement released Wednesday by the University of Notre Dame, the Pope’s appeal has had an effect on the oil and finance executives.

“Undeniably, the Earth is a single system and humanity is a single whole. This requires a new level of cooperative leadership, trust-building, and commitment. We embrace this challenge”, promised the industry leaders in their statement.

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