Filipino priest pressures banks to stop fossil fuel financing

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Filipino priest pressures banks to stop fossil fuel financing
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A photo of Fr. Edwin Gariguez, a Filipino Catholic priest who is touring top European banks in a bid to stop fossil fuel financing in his home country. REUTERS/Tom SimsFather Edwin Gariguez, a renowned environmentalist, is on a mission in Europe in a bid to demand top European banks sever ties with companies behind new fossil fuel projects in a biodiverse region in the Philippines.

The companies are driving new and planned liquefied natural gas terminals in the Verde Island Passage , which he refers to as the"Amazon of the oceans."“It’s really frustrating on my part,” the priest told Reuters. “We expect accountability and a more meaningful response, but it’s not coming.” The coast of Oriental Mindoro is part of the VIP – a strait that separates the Philippine Islands of Luzon and Mindoro.

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