PAX and the Cluster Munition Coalition want to stop investment in cluster munitions producers. We also call for national legislation to forbid investment in cluster munitions.
Cluster munitions Foto © John Rodsted
The 2008 international convention on cluster munitions forbids the use, storage, transport and production of cluster munitions. States may also not assist cluster-munition production. According to IKV Pax Christi, the Cluster Munition Coalition and a growing number of states, this means that investment in companies that produce these weapons is also forbidden. No money means no production. Moreover, it is completely illogical to ban a weapon at home while permitting investment in its production elsewhere.
Meanwhile, eight countries have adopted legislation forbidding investment in cluster munitions. In the Netherlands, Dutch financial institutions are forbidden to make direct investments in cluster munitions producers, effective 1 January 2013. Apart from this, there are more than twenty other countries that, while not yet adopting legislation, have nevertheless stated that they consider investments in cluster munitions prohibited under the Cluster Munitions Convention
Read more about our programme 'Stop Explosive Investments'.