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Commission: Church of England Needs to Raise a Billion Dollars to Right Slavery Wrongs

The £100m earmarked by the Church of England for a new investment fund to help repair damage caused by its historic links to slavery is “not enough”, a report says.

It comes after an investigation last year found the Church had invested large amounts of money into a company that transported tens of thousands of slaves.

The Church welcomed the report by the Church Commissioners charity and accepted its recommendations – but would not commit to raising the fund to the report’s £1bn target.

The Archbishop of Canterbury, Justin Welby, said the report was “the beginning of a multi-generational response” to the “appalling evil” of slavery.

Mr Welby previously called the report’s interim findings a “source of shame”.

The report also reiterated calls for the Church to fully acknowledge its involvement in the slave trade, after the archbishop said he was “deeply sorry for the links” in 2022.

Money from the new fund should be invested in black-led businesses focusing on education, economic empowerment and better health outcomes, the report added.

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FM Editors
FM Editors
Faithfully Magazine is a fresh, bold and exciting news and culture publication that covers issues, conversations and events impacting Christian communities of color.

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