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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Norway should make oil fund greener

Posted on 24 October 2008

From Khaleejtimes.com: Norway should earmark some of its $295 billion oil fund for long-term investments in environmental stocks, Environment Minister Erik Solheim said on Thursday.

He said that clearer support for renewable energy and other green technologies by big sovereign wealth funds — Norway alone owns about 1 percent of European equities — could help stabilise the shares and encourage private investors…… Full Article: Source


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