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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Western Sahara plundered by Norway’s pension fund

Posted on 12 October 2009

From Greenleft.org.au: The Norwegian government pension fund has been accused of unethical investment in fertiliser companies that buy phosphate rock exported from Moroccan-occupied Western Sahara.

An October 6 report by the Norwatch news service revealed that companies linked to the fund buy two-thirds of all phosphate exported from the occupied country. It estimated the trade was worth about €535 million to Morocco in 2008…………………..Full Article: Source

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