Vatican

The agenda behind big oil and Vatican climate-change meeting

Pope Francis with the backs of men in suits.
Illustration: Lazaro Gamio/Axios

Carbon pricing and investment transparency top the agenda of a meeting later this week between leaders of the world’s biggest oil and investment firms and Vatican officials, according to multiple people close to the event and a draft agenda viewed by Axios.

Driving the news: The meeting, first reported by Bloomberg in April, comes almost exactly a year after the first gathering with Pope Francis. This time, organizers hope to produce a first-time joint statement with the Vatican supporting a price on carbon emissions and investment transparency relating to climate change, according to these sources.

Pope Francis issues sweeping new law for sexual abuse reporting

Pope francis standing with priests
Photo: Massimo Valicchia/NurPhoto via Getty Images

Pope Francis issued a sweeping new Vatican law Thursday that requires all priests and nuns worldwide to report sexual abuse and subsequent coverups to Catholic Church authorities, the AP reports.

Why it matters: This is the Church's latest attempt to salvage its reputation and to curb mounting criticisms of its institutional negligence toward sexual abuse victims.