London CNN —
The Church of England has welcomed a report that calls for it to spearhead the establishment of a £1 billion ($1.3 billion) fund to address its historical ties to slavery.
The document, released Monday, recommends that the church’s initial commitment of £100 million ($127 million) to the “Fund for Healing, Repair and Justice” should form the nucleus of a bigger initiative that would target assets of over £1 billion.
The Church Commissioners group, which manages the church’s £10.3 billion ($13 billion) investments, has accepted the report “in full,” the church said in a
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