Don’t Buy into Occupation 2025

The Private Actors Behind the Economy of Occupation and Genocide

Since 2021, the Don’t Buy into Occupation (DBIO) Coalition – a network of 25 Palestinian and European civil society organizations – has published four consecutive annual reports that expose the financial relationships between European financial institutions and businesses involved in Israel’s illegal settlement enterprise in the occupied West Bank, including East Jerusalem.

As previous DBIO reports have asserted, international businesses and financial institutions doing business in or connected to the Israeli settlement enterprise in the
Occupied Palestinian Territory have long failed to uphold both their international human rights responsibilities and their obligation to respect international law.

This year, the coalition expanded its research. In addition to illegal settlements, we also investigated broader involvement in occupation and genocide. This has led to an increase in the number of institutions and companies involved. As a result, the findings cannot be directly compared with the figures from previous years.

The financial data in this report covers total investments (shares, bonds, loans and/or underwriting) in 104 businesses. 

In addition to the report, a Dutch Country Brief and responses from financial institutions are also available.

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