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The LeadThe co-owner of GB News, a British TV channel accused of broadcasting climate change denial, has donated £28m to influential Church of England institutions that support climate action. This raises serious questions among Christian leaders about the alignment between Sir Paul Marshall's views and the institutions he's funding.The Financial ContradictionMarshall, a hedge fund manager and Christian, gave at least £13m to Holy Trinity Brompton (HTB) church and the Church Revitalisation Trust (CRT) via his Sequoia Trust between 2018 and 2025. HTB is the largest church in the Church of England, with a congregation of about 4,000, and is home to the evangelical Alpha Course, which has reached 37 million people in more than 175 countries. The CRT, run from HTB, has established more than 100 evangelical churches around the UK.Unlike in previous years, the Sequoia Trust accounts for 2024-25 do not name the recipients of donations, but record £10.2m given to faith-based institutions. The trust had a market value of £477m on 30 June 2025, the most recent figure available.The Climate DivideThis financial support creates a significant contradiction, as Marshall's views on the climate crisis and those frequently broadcast on GB News are "in direct opposition" to the Church of England's position. The Church believes that "responding to the climate crisis is an essential part of our responsibility to safeguard God's creation and achieve a just world" and has a routemap for all parts of the church to reach net zero carbon emissions by 2030.Marshall has described efforts to cut planet-heating emissions as "impoverishing people" and recently said the UK had been infected by "climate derangement syndrome." He also claimed that the extent to which global heating is being caused by human actions is "still subject to debate"—a position directly contradicted by climate science, which has established that about 100% of global heating since 1950 was caused by human emissions and activities.The Media InfluenceGB News has been accused of broadcasting climate change denial, including descriptions of global heating as "the climate scam" and suggestions the government was going to introduce "enforced veganism." The channel broadcast 953 attacks on climate science and climate action around the 2024 general election, according to a report.In March, Marshall was criticised by a group of more than 120 church leaders, including the former archbishop of Canterbury Rowan Williams and two current bishops, over his climate views and GB News's attacks on climate science and action. The group also raised the £1.8bn of fossil fuel investments reportedly held in 2023 by the hedge fund Marshall manages and asked him to be transparent about any personal conflicts of interest.The Future ImplicationsRev Dr Darrell Hannah, the chair of Operation Noah, a leading UK Christian climate charity, said: "As the climate crisis intensifies, we're increasingly concerned that a fellow Christian – one with more money and power than virtually any other Christian in the UK – continues to share problematic and highly influential views on the most important issue of our time. This cannot go unchallenged."The broadcasting regulator Ofcom decided in May to investigate whether GB News had breached rules on "due impartiality and material misleadingness" in relation to a repeat showing of an interview with Donald Trump in November, during which the US president claimed climate change was "a hoax" without being challenged.Marshall defended his position, stating: "Sir Paul generally agrees with Christian and Anglican teaching on the environment and climate change. Like many people, including many Christians, he just doesn't subscribe to net zero by 2050 due to the serious negative impact on poor people, their communities and the economy."

The recent open letter from 60 clergy members, addressed to the author, underscores a shared concern for planetary stewardship and acknowledges that human‑generated carbon emissions are warming the climate. However, the signatories and the author diverge sharply on the appropriate policy response. Marshall contends that an outright ban on fossil fuels is both impractical and ideologically driven, creating a collective‑action dilemma for the UK. He notes that while the nation pursues a rapid net‑zero transition, major emitters such as India and China operate on markedly different timelines, and the United States has withdrawn from the Intergovernmental Panel on Climate Change (IPCC). This leaves Britain navigating a path of unilateral economic disarmament. Industrial electricity rates in the UK have surged to two‑and‑a‑half to three times those in China and four times those in the United States. Such cost differentials are eroding the global competitiveness of sectors ranging from steel and oil refining to chemicals, automotive manufacturing, and emerging AI industries. The result, according to Marshall, is a wave of factory closures, investment pull‑backs, and significant job losses across the nation's industrial heartlands. Beyond macro‑economic concerns, the policy’s social toll is stark. Older and low‑income households are bearing the brunt of soaring energy bills, with an estimated 2,500 excess deaths last year attributed to an inability to adequately heat homes. This humanitarian impact, Marshall argues, contradicts the very notion of “human flourishing” that climate advocates champion. While acknowledging that every policy entails trade‑offs, Marshall warns that the clergy’s proposal would impose severe personal costs on working‑class Britons without delivering the promised climate benefits. He concludes that the current net‑zero trajectory is unlikely to curb global warming and instead jeopardizes the UK's economic vitality and social wellbeing. Paul MarshallChair, Marshall Wace; personal investor in GB News

Sir Paul Marshall, the co-owner of GB News and a self-described 'committed' Christian, has been criticized by a group of 100 church leaders over the TV channel's attacks on climate science and action. The leaders, including former Archbishop of Canterbury Rowan Williams, argue that Marshall's statements on climate change are misleading and that his hedge fund's £1.8bn investments in fossil fuels present a conflict of interest.Marshall has stated that the UK has been infected by 'climate derangement syndrome' and that efforts to cut planet-heating emissions are 'impoverishing people.' In response, the church leaders emphasized that 100% of global heating since 1950 has been caused by human emissions and activities, according to the world's climate scientists. They also noted that decarbonization is a huge growth opportunity that will save trillions of dollars in the long term.The leaders, in an open letter, urged Marshall to be transparent about any personal conflicts of interest and to declare his financial interests in fossil fuels. They cited research that found GB News broadcast 953 attacks on climate science and climate action in the period immediately before and after the 2024 general election.Marshall responded that 'the Gospel entreats us to look after the vulnerable' but argued that pursuing an 'ideological' net zero policy was 'a path of unilateral economic disarmament and self-harm.' He also stated that he was not involved in the editorial decisions of GB News, which has lost £131m since its launch in 2021.The Christian leaders' criticism of Marshall and GB News highlights the ongoing debate over climate change and the role of media outlets in shaping public discourse on the issue. As more than 100 countries have net zero policies and the UK's net zero economy grew by 10% in 2024, the pressure on media outlets to provide accurate and responsible reporting on climate issues continues to grow.