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Participants of the Ecumenical Panel on a New International Financial and Economic Architecture. Photo: Charis Alfred Bhagianathan

Participants of the Ecumenical Panel on a New International Financial and Economic Architecture. Photo: Charis Alfred Bhagianathan

The 3rd meeting of the Ecumenical Panel on a New International Financial and Economic Architecture (NIFEA) took place on 21-22 April in New York City to coincide with the United Nations 3rd Economic and Social Council Forum on Financing for Development on 23-26 April.

Leaders and representatives from the World Council of Churches (WCC), World Communion of Reformed Churches, Council for World Mission, and Lutheran World Federation brought together the panel, composed of 13 experts in finance, economics, sociology and theology.

Athena Peralta, WCC programme executive for the Economy of Life at WCC, explained the WCC’s involvement in the effort. “For WCC, NIFEA is a key priority,”she said. “Our two pillars are economy for life and ecological justice, so NIFEA is at the center of the work we are doing.”

The panel reviewed its tasks, identified signs of economic and climatic injustice, set priority actions, made new alliances, updated the NIFEA plan and, together, made a deepened commitment to build a world that better resembles God’s true kingdom.

Read the message released by the World Council of Churches, the World Communion of Reformed Churches, the Lutheran World Federation and the Council for World Mission on the occasion of the 3rd United Nations Financing for Development Forum

Economy of Life for All Now: An Ecumenical Action Plan for a New International Financial and Economic Architecture