Geneva pension fund should sell Israeli stakes

The City of Geneva is being urged to review the investments of its staff pension fund.

A motion from the Green Party is calling for the fund to divest from Israeli companies linked to settlements in the Palestinian territories.

The proposal has been sent to the Finance Committee for urgent review.

The Greens cite a list compiled by the Office of the United Nations High Commissioner for Human Rights, as well as research by the Swiss Association of Lawyers for Palestine. 

Mayor Alfonso Gomez has called the issue “extremely worrying,” though he notes the sums involved, around CHF 6m, are small compared to the fund’s 5.5 billion total value. 

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