Balakrishnan Rajagopal, the UN special rapporteur on the right to adequate housing, has welcomed the Norway Pension fund’s move to divest from Caterpillar over concerns its heavy equipment is being used by the Israeli military to violate human rights in Palestine.
Caterpillar equipment is “extensively used” in the demolitions of Palestinian homes, Rajagopal said in a post on X.
Last week, UN experts, including Rajagopal, urged financial institutions to review investments in companies, including Caterpillar, that are supplying military equipment and weapons to Israel or risk “complicity in potential atrocity crimes”.
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