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Norway pauses ethical divestment after US panned targeting of Israel-linked firm

Norway's parliament has voted to temporarily halt ethical divestment by its massive sovereign wealth fund while it reviews and updates the fund's ethical guidelines. The decision follows criticism from the United States after the fund divested from a company linked to Israeli operations in Gaza and the West Bank. The pause, expected to last about a year, aims to protect the fund's global investment strategy as it faces increasing scrutiny over its holdings. The move has sparked debate within Norway, with some political parties accusing the government of acting out of fear of international backlash, particularly from the United States.

Original article source: https://www.timesofisrael.com/norway-pauses-ethical-divestment-after-us-panned-targeting-of-israel-linked-firm/
Source Id: 2025-11-882684075

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