Norway's $2 Trillion Fund Divests Israeli Investments Amid Gaza Crisis
ORBITINDONESIA.COM – Norway's sovereign wealth fund, valued at $2 trillion, has made a significant move by terminating contracts with asset managers handling its Israeli investments, citing the ongoing situation in Gaza and the West Bank.
The decision comes after an urgent review was initiated in response to reports of the fund's involvement with an Israeli jet engine group supporting the Israeli armed forces. This situation has sparked ethical concerns, leading to divestments in 11 Israeli companies.
As of June 30, the fund held stakes in 61 Israeli companies, indicating a substantial presence in the region's economy. However, ethical reviews have prompted the fund to reconsider its investments, especially after divesting from an Israeli energy company and a telecoms group last year.
This decision reflects Norway's ethical stance on its investments, emphasizing the importance of aligning financial interests with global humanitarian values. The fund's move challenges other nations to consider the ethics behind their investment strategies in conflict zones.
The divestment highlights the tension between economic interests and ethical considerations in global finance. As geopolitical conflicts continue, the question remains: how should sovereign funds navigate these turbulent waters while upholding moral responsibilities?
(Orbit dari berbagai sumber, 27 Agustus 2025)
