The report links European finance to 104 companies active in Israel’s illegal occupation and urges disengagement under ICJ and UN obligations
Major European banks and investors remain deeply woven into the fabric of Israel’s illegal occupation, apartheid, and genocide within Palestinian territories, according to the latest ‘Don’t Buy Into Occupation Coalition’ (DBIO) report released on 25 November.
The coalition’s fifth annual investigation, involving 25 Palestinian and European civil society organizations, expands its scope this year in response to new legal findings that classify Israel’s entire presence in the occupied Palestinian territory as unlawful.
According to the report, 2024 and 2025 marked a decisive shift in the international legal landscape.
The International Court of Justice (ICJ) determined in July 2024 that Israel’s occupation of Gaza and the West Bank, including East Jerusalem, is illegal in its entirety, violating non-derogable jus cogens norms such as the prohibition of acquiring territory by force, racial segregation, and the denial of Palestinian self-determination.
The UN Commission of Inquiry’s September 2025 report further concluded that Israel is committing genocide.
These findings, the coalition notes, establish clear obligations for third states to avoid recognizing or assisting Israel’s unlawful presence, and for businesses to end activities that support or benefit from the illegal situation.
Businesses now face what UN Special Rapporteur Francesca Albanese describes as a “prima facie responsibility” to disengage fully from any activity linked to Israel’s violations, as adverse impacts are “immitigable” in the context of settlements, occupation structures, or the systems enabling the genocide in Gaza. (more...)
European banks, investors continue bankrolling Israeli crimes in Palestine: Report
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