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Norway wealth fund divests from Israeli company over West Bank activities
The world’s largest sovereign wealth fund has sold all of its shares in Israel’s Paz Retail and Energy, because the company “is contributing to the violation of international law” by helping to supply fuel to illegal Israeli settlements in the occupied West Bank.
Norges Bank Investment Management, which manages the government’s pension fund, said in a statement that Paz operates infrastructure that supplies fuel to Israeli settlements and that there is an “unacceptable risk that the company contributes to serious violations of the rights of individuals in war or conflict”.
The decision is based on a recommendation the fund’s ethics watchdog, the Council on Ethics, made in December last year.
The fund also previously divested from Shapir Engineering and Industry Ltd and Mivne Real Estate KD Ltd, over their activities associated with Israeli settlements in the occupied West Bank, in 2021.
Last year, Norway’s largest private pension fund also announced it was divesting from Caterpillar “over concerns about its role in human rights abuses in occupied Palestine”.
CPJ renews call for accountability in Shireen Abu Akleh’s murder
The Committee to Protect Journalists (CPJ) says it honours the legacy of the Palestinian American journalist, who was killed by an Israeli soldier in the occupied West Bank three years ago, on May 11, 2022.
“For 25 years as an Al Jazeera Arabic correspondent, Abu Akleh was a trailblazer for women in journalism and a trusted voice for millions of viewers in the region,” the group wrote.
“We continue to call on the U.S. to investigate her killing by Israel and to hold those responsible to account.”
As we reported earlier, a new investigative documentary released by the Washington, DC-based media company Zeteo, identified a 20-year old Israeli soldier as the person who shot Abu Akleh.
