The 85-year-old pope said he had noticed that his strength had deteriorated over recent months "to the extent that I have had to recognize my incapacity to adequately fulfill the ministry entrusted to me".
"For this reason, and well aware of the seriousness of this act, with full freedom I declare that I renounce the ministry of Bishop of Rome, Successor of Saint Peter," he said according to a statement from the Vatican.
A Vatican spokesman said the pontiff would step down from 1900 GMT on February 28, leaving the office vacant until a successor is chosen.
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