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Pope Francis posed for a selfie during a meeting in Assisi, Italy, Sept. 24. The pope led a meeting with young economists, entrepreneurs, financial advisers, scholars and scientists who have been working for two years on the Economy of Francesco project.
Pope Francis posed for a selfie during a meeting in Assisi, Italy, Sept. 24. The pope led a meeting with young economists, entrepreneurs, financial advisers, scholars and scientists who have been working for two years on the Economy of Francesco project.
Photo Credit: Vatican Media

Help the poor and the planet, pope tells young economists, entrepreneurs

Pope spoke to about 1,000 young people at the closing session of the Economy of Francesco event in Assisi

ROME — Acknowledging how young people have been given a world marked by inequality, injustice, war and environmental degradation, Pope Francis urged those looking for solutions to be concrete, to involve the poor, to care for the Earth and to create jobs.

“Our generation has left you with a rich heritage, but we have not known how to protect the planet and are not securing peace,” Pope Francis told some 1,000 young adult economists, entrepreneurs, financial advisers, students, scholars and scientists from 120 countries at the closing session of the Economy of Francesco event in Assisi.

The gathering Sept. 22-24 originally was planned for March 2020 but was postponed because of the COVID-19 pandemic. Instead, the young people spent more than two years working online with older experts, studying agriculture and employment, peace and ecology and finance and development in the search for ways to make the economy better for more people and for the environment.

The project is named in honor of St. Francis of Assisi, known for his love of the poor and of creation, and has been supported by the Dicastery for Promoting Integral Human Development.

At the end of the meeting, participants gave Pope Francis a pact, promising to work for “an economy of peace and not of war; an economy that counteracts the proliferation of weapons, especially the most destructive ones; an economy that cares for creation and does not plunder it; an economy at the service of the person, the family and life, respectful of every woman, man, child, the elderly and especially the frail and vulnerable.”

The pope encouraged the young people also to dedicate themselves to preserving and increasing their “spiritual capital,” the faith and values that will give meaning to their studies, their work and, especially, to their lives.

After all, he said, “human beings, created in the image and likeness of God, are seekers of meaning before being seekers of material goods,” but the modern world is losing sight of “this essential kind of capital, accumulated over centuries by religions, wise traditions and popular piety.”

Inspired by St. Francis of Assisi, he said, a new economic model must be “an economy of friendship with the earth and an economy of peace. It is a question of transforming an economy that kills into an economy of life, in all its aspects.”

Love for the poor and for the Earth must go hand in hand, he said. But it will require sacrifice and radical change.

“The earth is burning today,” he said. “If we speak of ecological transition but remain in the economic paradigm of the 20th century, which plundered the earth and its natural resources, then the strategies we adopt will always be insufficient.”

“We human beings, in these last two centuries, have grown at the expense of the earth. We have often plundered to increase our own well-being, and not even the well-being of all,” Pope Francis told the young people. “Now is the time for new courage in abandoning fossil fuels to accelerate the development of zero- or positive-impact sources of energy.”

When the pope arrived at the gathering, young adults from Italy, Benin, Argentina, Thailand, Kenya, Afghanistan and Poland shared their stories and projects — from creating farms and educating farmers in regenerative agriculture to creating small businesses or rallying other young people to convince companies to stop producing single-use plastic bottles and bags.

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