Climate Change and Faithful Banking

By Sharon Delgado

This year the World Council of Churches put forth the initiative, “Climate-Responsible Finance: A Moral Imperative towards Children,” which links the deadly impacts of climate change on the world’s children with the strategy of engagement with banks that are invested in fossil fuels. At the launch of this initiative in May 2022, UN Secretary-General Antonio Guterres said, “It is now time for financial service providers to accelerate the shift to renewables. They have the power – and the responsibility. The scientific and moral imperative is clear: there must be no new investment in fossil fuel expansion, including production, infrastructure, and exploration.” 

Clearly, the climate impacts of our investments are linked to ethical decisions about our money. Here in the United States, an organization called Third Act, which is geared toward elders, is taking this connection to heart. Formed by seasoned climate organizer (and United Methodist) Bill McKibben, Third Act promotes both democracy and effective climate action.  Right now the organization is promoting their Banking on Our Future Campaign, which focuses on the four top  banks that fund fossil fuel projects: Bank of America, Wells Fargo, JPMorgan Chase, and Citibank. This “money pipeline” from banks enables fossil fuel companies to build new extraction, transportation, processing, sales, and export infrastructure that lock us into increasing fossil fuel use and accelerating global heating for decades–decades that the Intergovernmental Panel on Climate Change (IPCC) says we don’t have. Without the money pipeline, fossil fuel producers would have to stop funding new infrastructure, stop engaging in climate change denial, and make good on their promises to transition to renewable forms of energy.

In addition to my role as coordinator of the California-Nevada Annual Conference Climate Justice Ministries Task Force,  I am the United Methodist liaison on the board of Third Act Faith,  a working group of Third Act. One of my jobs is to interpret the good work of Third Act to the United Methodist Church and its members, to explain how participating in their Banking on Our Future Campaign is an act of faith, to share practical ways that United Methodists can be involved at every level of church life, and to encourage participation. A tall order! But when I break it down, I realize that all I have to do is interpret, explain, share, and encourage action. Perhaps some of you who read this will carry this work further, and God, “who is able to do immeasurably more than all we ask or imagine” (Eph. 3), will take it from there.

Interpreting the work of Third Act to the United Methodist Church, especially to retired clergy and laity, has been made easy by Bill McKibben and others who have explained it clearly. To understand Banking on Our Future’s rationale read Your Money Is Your Carbon and Want to Address Climate Change?  Change Your Bank. Why focus on elders?  People over sixty own seventy percent of the wealth in this country. There are 70 million of us, most of us vote, many of us have grandchildren or other children whom we love, and we hope to leave them a  planet  with abundant life that we have enjoyed. (See the PBS News Hour’s special with McKibben’s “brief but spectacular take” on Third Act and fighting for the climate and our democracy).

Likewise, explaining to United Methodists how participating in Third Act’s Banking on Our Future Campaign is an act of faith involves highlighting points that the World Council of Churches and others have made about the morality of our money in this time of climate emergency, and framing such points in Wesleyan terms:  social holiness, the value of God’s creation, the world as our parish, and so on. Remember, John Wesley was a social reformer who saw the connections between personal finance and injustice. A staunch abolitionist, he wrote, “Better no trade than trade procured by villainy…Better is honest poverty than all the tears, and sweat, and blood, of our fellow creatures.” (Thoughts Upon Slavery, 45-46).  Bringing it back to the climate emergency in our time, others have expressed a similar sentiment in simple terms: “It’s wrong to profit by wrecking the planet.”

In practical terms, this campaign offers suggestions, action opportunities, and resources at varied levels of commitment, including writing letters to the big banks, pledging to divest if your bank continues funding fossil fuels, engaging with bank managers, or participating in public demonstrations. By participating, we join with many other groups offering resources and taking similar actions, including Stop the Money Pipeline and Customers for Climate Justice. On March 21, 2023, there will be a big day of action, with people publicly divesting: 32123! Big Banks are Driving the Climate Crisis So We’re Pushing Back.

Finally, I encourage you to rise to the challenge that the climate emergency presents to us in our time, as United Methodists and as people of faith and conscience. Taking steps toward “faithful banking” is one way to take action. Join the Third Act email list. Join a Working Group– the Faith working group and/or a local working group.  Find out how  you can  Take Action Today.

For questions, contact me at climatejustice@cnumc.org.

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Video Preview of the Cross in the Midst of Creation

Hi, friends. Today I want to tell you about my new book, the Cross in the Midst of Creation.

Two things motivated me to write this book: my love for creation (and that includes our human family) and my love for the good news of Jesus, the gospel.  If you love creation and are distressed by seeing it harmed and degraded and undone; if you love the good news of Jesus and are distressed at seeing it distorted and misused to cause further harm…   Then this book is for you.

The cross is the primary symbol of Christianity, but it means different things to different people. That can be very confusing both for people who consider themselves Christian and for people who don’t.  What does the cross mean to you? What does Christianity mean to you:

The good news of a God of love and inclusion and nonviolence and compassion and transformative justice as Jesus proclaimed and demonstrated?

Or the bad news of Empire and colonization and patriarchy and white supremacy and ecological exploitation and Christian nationalism as some portray it today?

Clearly, the cross and Christianity itself can mean either or both.

This book is a remedy for the confusion and frustration and apathy and disempowerment that comes from trying to sort out all these mixed messages. The goal of The Cross in the Midst of Creation is to help you find clarity about what you believe and what you don’t believe and to encourage you in finding a faith that is true to the teachings and example of Jesus and is relevant for today.

The subtitle is “Following Jesus, Engaging the Powers, Transforming the World.” This book is geared toward people who feel drawn to following Jesus. If you’re not, you might still want to hear a good word from Christianity. Besides, we are all going to have to work together if we’re going to build a movement strong enough to counter the powers that be, to bring systemic change, and to transform the world in the direction of justice, peace, and the healing of creation.

The bottom line is this: Even though the crucifixion of Jesus took place long ago, there is a sense in which the crucifixion is ongoing. Institutionalized powers very similar to those that crucified Jesus are still at work today, bringing suffering and death to people and the earth. At the same time, the resurrection is ongoing as people rise in courage and set on a path of both personal and social transformation. For followers of Jesus, that means trusting that the Spirit is at work in us and in the world even now, bringing light out of darkness and life out of death.

May you walk in the light of the Spirit of the risen Christ, today and every day.

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Online Book Launch Event

This online Launch Day Event celebrating the release of my new book, The Cross in the Midst of Creation, was hosted by Richenda Fairhurst on June 14 as part of the Multifaith Climate Cafe. This event focuses primarily on Chapter 4, “Creation Crucified: The Passion of the Earth.”  The host, Richenda Fairhurst, wrote an article and created video excerpts of our discussion, which begins as follows:

The Cross in the Midst of Creation is Rev. Delgado’s third book, following Shaking the Gates of Hell: Faith-Led Resistance to Corporate Globalization, now in a Second Edition, and Love in a Time of Climate Change: Honoring Creation, Establishing Justice. The books comprise a trilogy twenty years in the making. The first book rose from faith-based activism, the second expanded into an overview of climate change based on John Wesley’s (Methodism’s primary founder and theologian) teachings on Social Holiness. With this latest book, Rev. Delgado moves into the very core of Christianity, the theology of the cross.

The story of the cross is at the center this new book, and of Christian faith and belief. From the beginning, there were many Christianities, many claiming to be the ‘only’ true faith. These many traditions reflect a garden of thought, love, and faithful expression. But there are also times when interpretations gain hold in ways that are violent and destructive. Theologies of empire, starting with Emperor Constantine, have historically taken us on paths of destruction. And today, as we see life destroyed where it should be flourishing, Rev. Delgado wants to call us back to the cross to try again to understand the deep revelation rising for this moment.

Rev. Delgado spoke about her love for creation as an essential reason for writing this book. But she also writes with a sense of grief and urgency. “I think, the final thing that got me to write [The Cross in the Midst of Creation] was the way that [the theology of the cross] was being distorted—the way the story of the cross is being misused.” It is deeply troubling to Rev. Delgado that “it’s been used in that way to promote the very values that Jesus rejected, the values of status, wealth, and worldly power—the opposite values of Jesus.”

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Anthropocentrism and Deep Incarnation

“The Spirit in me greets the Spirit in you, Halleluiah. God’s in us and we’re in God, Halleluiah.” — Hymn by Jim and Jeanne Strathdee

This post is an excerpt from “Creation Crucified: The Passion of the Earth,” which is Chapter 4 of my new book, The Cross in the Midst of Creation. This book makes the case that the crucifixion is ongoing as powers similar to the ones that crucified Jesus are at work today harming human lives and destroying creation, and that the resurrection is ongoing as people of every faith and philosophical conviction rise in courage in the struggle for a transformed world. The Multifaith Climate Cafe is hosting a Book Launch Event on Tuesday, June 14, at 11 a.m. Pacific Time, during which time I will speak about this chapter.

Western civilization, including Western Christianity, has been built upon an anthropocentric worldview that has enabled the plundering and despoiling of God’s world. An example for today comes from megachurch conservative pastor and bestselling author John McArthur. In a sermon refuting global warming and supporting the idea of stewardship for the purpose of extracting everything we can for use by human beings, he said, “God intended us to use this planet, to fill this planet for the benefit of man. Never was it intended to be a permanent planet. It is a disposable planet. Christians ought to know that.” 1

If we see the natural world as intended simply for human use and consumption, we lose sight of the interrelationships with the rest of creation that make us human and deny the spirit of God within us and within all. By discarding our privileged and outdated anthropocentric perspective, we may recognize creation’s intrinsic value and the presence of God in all parts of creation. One way of expressing this is through the concept of deep incarnation.

Many Scriptures point to the reality of an inner dimension of nature in which all creatures participate. Psalm 19:1 proclaims, “The heavens are telling the glory of God; and the firmament proclaims his handiwork.” Job said, “But ask the animals, and they will teach you; the birds of the air, and they will tell you; ask the plants of the earth, and they will teach you; and the fish of the sea will declare to you. Who among all these does not know that the hand of the Lord has done this?” (Job 12:7– 9). Jesus said, “Are not two sparrows sold for a penny? Yet not one of them will fall to the ground apart from your Father” (Matt 10:29). These passages point to a God who is intimately present throughout creation, not solely to human beings, but to other-than-human beings as well.

Understanding God as immanent within creation is not the same as pantheism, for it also acknowledges the transcendent aspect of God. The spirit of God is deeply present throughout creation but is not confined within creation. In fact, it’s just the opposite, for “in [God] we live and move and have our being” (Acts 17:28). This way of understanding the relationship between God and the physical universe has been called panentheism, which is differentiated from pantheism as follows: “In panentheism, the universal spirit is present everywhere, which at the same time ‘transcends’ all things created. While pantheism asserts that ‘all is God,’ panentheism claims that God is greater than the universe.” The Strathdee hymn quoted above that proclaims “God’s in us and we’re in God, Halleluiah” applies not only to us but to all parts of creation. This is a view of God as all in all, as Ground of Being, Ultimate Reality, Unfathomable Love, not exclusive to any religion. John Wesley referred to this “omnipresent” God as “the Soul of the universe.”2

The astounding claim of Christianity is that this God, who both transcends and is immanent within creation, was made known to us in a unique way in Jesus. “God was in Christ,” living a Spirit- infused life, suffering and dying at the hands of the powers, raised to new life by God. The Gospel of John refers to the concept of incarnation when it announces, “The Word became flesh [sarx in Greek] and lived among us” (John 1:14). This emphasizes the coming of God to us in human form in a way that we humans can comprehend. The revelation of Jesus Christ created a paradigm shift in our understanding of divine- human relationships by revealing the all- encompassing love and eternal presence of Emmanuel, which means “God is with us” (Matt 1:23).

The concept of deep incarnation expands on this understanding to encompass all creation as the dwelling place of God. Elizabeth A. Johnson explains, “Deep incarnation understands John’s gospel to be saying that the sarx [flesh] that the Word of God became not only weds Jesus Christ to other human beings in the human species; it also reaches beyond us to join the incarnate one to the whole evolving biological world of living creatures and the cosmic dust of which they are composed.”3 This idea corrects the misunderstanding that human beings are isolated individuals and reconnects us to the network of interrelationships that make us human. Not even Jesus was separate from the web of relationships that constitute human and all other life on planet earth, the very web that is being undone today.

The Word became not only human flesh but all flesh and dwelt not only among human beings but among all parts of creation not just since the time of Jesus of Nazareth but eternally, throughout all time and space. This expanded view reveals the presence of the universal Spirit in the depths of matter, the love that exists at the heart of the universe, the divine presence in all creation, and the love of God that even death cannot conquer. This idea that God is made flesh in myriad forms affirms the intrinsic value of creation as a dwelling place for God.

  1. Paul Braterman, “God Intended It as a Disposable Planet: Meet the US Pastor Preaching Climate Change Denial,” The Conversation, October 12, 2020, https:// theconversation .com/ god -intended -it -as -a -disposable -planet -meet -the -us -pastor -preaching -climate -change -denial -147712.
  2. Wesley, Sermon 23, “Upon Our Lord’s Sermon,” 1:516– 17.
  3. Elizabeth A. Johnson, Creation and the Cross: The Mercy of God for a Planet in Peril (Maryknoll, NY: Orbis, 2018), 186.

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Launch Event, June 14

Friends, finally my new book, The Cross in the Midst of Creation, is being released by Fortress Press. The Multi-Faith Climate Café will host a Launch Day event on June 14, the scheduled date for its release, at 11 am Pacific Time. Register here.

Because the Café focuses on faith perspectives on climate change, this conversation will center around Chapter 4, “Creation Crucified: The Passion of the Earth.” I will present some of the key themes of this chapter, including reconciliation of all creation (2 Corinthians 5:17-18), deep incarnation, the existential significance of our time, ecocide (“undoing creation”), the passion of the earth, why a theology of creation and a theology of the cross must go together, and new creation. I plan to present these ideas briefly so that we can enjoy an interactive discussion that will stimulate our ongoing growth in sensitivity, understanding, and motivation for action for our beloved creation (which includes our human family).

Overall, this book addresses the multiple challenges facing our world today from a progressive Christian perspective.  It explores confusion and disagreement among Christians about the meaning of the cross, the primary symbol of Christian faith. It links a theology of creation with a theology of the cross and argues that for Christians these two aspects of faith need to be integrated into the heart of the Christian gospel. The book makes the case that the crucifixion is ongoing as institutionalized powers like the ones that put Jesus to death are still at work today in the violence and injustice perpetrated against our human family and creation itself. At the same time, the resurrection is ongoing as people from varied spiritual and philosophical perspectives rise in courage and move in the direction of God’s intended world. Other themes include: a critique of Christian nationalism and the “theological cruelty” that makes it possible, a survey of biblically based views of the cross that focus on the God of love who was revealed in Jesus (not just in his death and resurrection but also in his life and teachings), what it means to live in the presence of the Risen Christ today and to follow Jesus into the heart of the struggle for a transformed world.

Several other book launch events will follow the one on June 14, as well as book studies and action opportunities. To stay connected, follow me on Facebook or sign up to follow my blog. You can contact me here to order signed or bulk copies of my books, to ask me a question, or to just say “hi.”