di Carla Andrea Fundarotto
An investment fund for over 46 million dollars for sustainable development projects
The idea was born from Sixteen U.S. congregations of Dominican sisters. The name of the project is “Climate Solutions Funds” and it will also serve for communities around the world that are most at risk.
“We are bringing these resources to the marketplace to help address our deep concern about the integrity of God’s creation and the people most impacted by climate change” explain the Dominican congregations which represent approximately 3,500 U.S. religious women.
The Dominician said their revenues “are pooled along with donations in support of their mission”.
The sisters worked with Graystone Consulting Group, a division of Morgan Stanley. The main goal is to contribute to the well-being of the planet by participating in projects to be held by 2030.
The theme of the initiatives is the cessation of global poverty, access to clean water and energy, as well as sustainable work for all American citizens.
“We would like to help as much as possible with addressing the needs of the communities most impacted by the negative effects of climate change” said Dominican Sr. Elise Garcia, a member of the Adrian Dominicans general council and elected president of the Leadership Conference of Women Religious.