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The investments by the Norwegian Government Pension Fund – Global in companies in occupied Palestinian areas have increased from 12.7 to 18.1 billion Norwegian kroner in 1 year. Investments in involved Israeli firms alone have increased by 1 billion, from 771 million to 1.7 billion kroner.
Fertilizer giant Yara has sold the disputed phosphate project in protexted Atlantic rainforest in Brazil, which Norwatch visited last year.
“It is evident that hydroelectric power in the rain forest is worth the price,” the new Norwegian head of the Malaysian energy company Sarawak Energy Berhad stated. “I hope the indigenous population accepts moving,” he said.
Danske Bank has sold its shares in the Israeli firm Africa-Israel Investments which invests in settlements on occupied Palestinian land. It is still not known what the Norwegian government’s pension fund will do with its shares.
Six hundred metres above the village of São Paulo Dos Pinheiros, Yara is planning to construct a 56-metre-high dam. The closest neighbour, Yolanda Schütter Back, is afraid that a flood wave will come tumbling down over her house.
Preserved forest and endangered plant and animal species must give way if Yara obtains approval for plans to extract phosphate in Brazil.

Yara is planning phosphate production in a protected rain forest area in Brazil. But three legal decisions have so far stopped the company’s environmental authorisation. On November 24th Yara’s Brazilian joint-venture company lodged an appeal.

Intex Resources has received environmental authorisation for its nickel project on Mindoro. The central authorities on the Philippines have thereby run over the local authorities, which are strongly opposed to the mining project. A large-scale hunger strike is now planned to be staged in front of the Department of Environment and Natural Resources.
The Norwegian Government Pension Fund has invested billions of Norwegian kroners in companies that participate in the plunder of Western Sahara. An examination carried out by Norwatch shows that Pension Fund companies are behind two-thirds of all phosphate purchases in the occupied country.
The Advisory Council on Ethics of the Norwegian Government Pension Fund and several other socially conscious investors have been deceived. The Ethical Council based its recommendation not to exclude Total from the Pension Fund on reports that are now being slaughtered. According to the organisation EarthRights, Total has deliberately spread misleading information about the conditions in Burma.
The Burmese regime’s vanished oil billions are administered by two Pension Fund banks in Singapore – “a scandal,” according to the Norwegian Burma Committee.
The Norwegian seismic services company PGS has entered in on the ownership side of the Irish oil company San Leon Energy. The funds placed by PGS will help enable increased oil exploration in occupied Western Sahara.
Norwegian Ministry of Finances announced today that the Israeli firm Elbit Systems Ltd has been excluded from the Government's pension fund due to its participation in the Israeli separation wall. "Good decision. Ordinary people are suffering from the barrier", Norwegian Church Aid told. 
The British fiduciary BlackRock refutes information from Norwatch that they divested from a West Bank firm after pressure from Norwegian investors. But the company does not wish to precise exactly what they think is wrong in the coverage.
The British bank BlackRock has divested from Lev Leviev settlement projects on West Bank. The divestment follows pressure by three Norwegian banks marketing BlackRock funds. BlackRock was second biggest shareholder in the controversial Israeli firm.