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A pioneering charity has launched a new initiative in the face of the credit crunch, to take loans from people who need a decent return on their income, and invest their money to help those in the developing world.

The current global financial crisis is not a counsel of despair, says Patrick Hynes. It is an opportunity to review our priorities and invest practically for change through agencies like Oikocredit.

Now is the right time for the Church of England to completely re-examine its assets and investment policies, says the religion and society think tank Ekklesia

The number of churches committed to socially responsible and sustainable investment has increased substantially over the last couple of years, says the Conference of European Churches and partners - citing Oikocredit as an example.

Religious organisations already have a major stake in the global economy and can now shift decisively towards using their resources for ethical purposes and to redistribute wealth to the poor, a major group of faith investors says.

Research complied by Sudan Divestment UK has revealed a significant number of companies listed on the London Stock Exchange (LSE) with close links to the Government of Sudan.