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At a meeting in Auckland, New Zealand from 1-3 August, the Pacific Conference of Churches released texts on climate change and nuclear weapons, and issued calls to action related to human rights and other issues.

The general secretary of the World Council of Churches (WCC), Rev. Dr Olav Fykse Tveit, met with church leaders and politicians in Wellington, Aotearoa New Zealand last week. The meeting occurred almost one year after his latest visit to the region. On request of the church leaders a meeting took place with political leaders to discuss follow-up on the Paris Agreement, peace in the Middle East and on the Korean Peninsula, and the challenges the region is facing.

“As a professor of economics and economic ethics with a theological background, and as dean of the GEM school, I can say that pluralistic economics – getting new prominence as an international student initiative – is an attempt to challenge neo-liberal monolithic economics. It is time for new thinking about economics”, stated Prof. Martin Büscher, first chair for economics and business ethics at the Institute for Diakonia and Management at the Protestant University of Wuppertal/Bethel, Germany, at the conclusion of the Governance, Economics and Management School held in Hong Kong on 22 August-2 September.

The globalization of the world economy has not been an even process, and in many ways governance for the protection of capital has overtaken governance for the protection of human well-being. A recent Ecumenical School on Governance, Economics and Management for an Economy of Life addressed this very asymmetry.

An economic system based on over-consumption and greed has become firmly rooted in today’s world and it is high time to change this paradigm by working for a new financial and economic architecture. The WCC together with the WCRC now convenes a first ever Ecumenical School on Governance, Economics and Management for an Economy of Life, in Hong Kong SAR.

The WCC has decided fossil fuel investment is a “no-go” zone on its list of investments, reflecting both its commitment to reversing climate change and ethical investments.