by thenewgreen

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.