(Quartz) The Church of England just sold a piece of the Fijian island Vanau Levu

This has to be the weirdest business deal of the week: The Church of England just sold a chunk of forest-covered land on the Fijian island Vanau Levu for $8.8 million to the government of the Pacific island nation of Kiribati. For the moment, Kiribati plans to use its 20-square-kilometer (7.7-square-mile) plot for agriculture and fish farming. But the investment is really a fallback for its 103,000 residents””a place to live if they must leave their home island.

“We would hope not to put everyone on [this] one piece of land, but if it became absolutely necessary, yes, we could do it,” president Anote Tong told the Associated Press, via the Guardian. Tong is awaiting parliamentary approval of the land purchase before clearing that possibility formally with Fiji’s officials.

Why is Tong preparing for a mass defection to an island 2,000 kilometers away?

Read it all.

Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, Anglican Provinces, Church of England (CoE), Economy, Ethics / Moral Theology, Housing/Real Estate Market, Politics in General, Religion & Culture, Theology

One comment on “(Quartz) The Church of England just sold a piece of the Fijian island Vanau Levu

  1. Pageantmaster Ù† says:

    Why exactly has the CofE been invested in Fiji?

    “Fiji remains a military dictatorship that denies its citizens the right to take part in self-government through free and fair elections, as well as the freedoms of speech, press, assembly, and religion. Since the December 5, 2006 coup d’état, the military and police have arbitrarily arrested and detained human rights defenders, journalists and others perceived as critical of the administration. Four people have died in military or police custody and dozens of people have been intimidated, beaten, sexually assaulted, or subjected to degrading treatment. Fiji’s interim administration continues to fail to uphold the rule of law and has seriously compromised the independence of the judiciary. No UN special procedures have visited since the 2006 coup. A visit by the UN Special Rapporteur on the independence of judges and lawyers is pending, though the Fiji government has failed to advise a suitable time for this visit. The government has not responded to the request to visit of the Special Rapporteur on torture and other cruel, inhuman or degrading treatment or punishment.”

    Ethical investment policy? Is it a joke?