Boulder community calls for divestment from companies funding violence against Palestinians

During the Boulder City Council meeting on February 6, 2025, significant discussions emerged regarding the city’s investment practices and the potential closure of the West Pearl corridor, reflecting broader community concerns about social justice and local business impacts.

One of the most pressing topics was the call for Boulder to divest from companies perceived to be contributing to human rights violations, particularly in relation to the Israeli-Palestinian conflict. Community members expressed strong sentiments against investments in corporations like Caterpillar and Toyota, which they argue are complicit in actions that harm Palestinian communities. Giselle Hertzfeld, representing the Rocky Mountain Peace and Justice Center, praised Council Member Adams for her support of divestment from weapons manufacturers, advocating for a shift towards investments that promote community welfare, such as renewable energy and regenerative agriculture. Hertzfeld emphasized the need for a societal shift away from violence, citing the trauma of gun violence experienced in Colorado.

In addition to the divestment discussions, the council revisited the contentious issue of the West Pearl corridor's accessibility. Business owner Rebecca Hartman voiced her concerns about the potential closure of this area, highlighting the negative impact it had on local businesses during a previous closure in 2020. Hartman noted that accessibility for all customers, including those with disabilities, was severely compromised, leading to a decline in revenue and increased safety issues such as vandalism and trespassing. She referenced a consultant's previous recommendation to keep the corridor open, indicating that many business owners remain opposed to any further discussions about closure.

The meeting underscored the intersection of social justice and local economic health, with community members advocating for responsible investment strategies that align with their values while also addressing the practical needs of local businesses. As the council continues to navigate these complex issues, the outcomes of these discussions could significantly shape Boulder’s social and economic landscape in the coming months.