Sun, Aug 2, 2015
A A A
Welcome asarmad
RSS

Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Norway’s billions could go into renewables

Posted on 15 October 2013

Norway is sitting on a huge pot on money – and a new government now being formed in the country is considering investing some of that vast stock of wealth in renewable energy projects around the world.
World Wildlife Fund (WWF) wants the Norwegian fund to allocate 5% of its portfolio to direct investments in renewable energy infrastructure and projects – and to end its investments in coal and tar sands. The fund – officially known as the Norwegian Government Pension Fund Global, which up to 2006 was called the Petroleum Fund of Norway – was formed in 1990 and makes its money through taxes from Norway’s substantial oil and gas sector………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 16802 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
August 2015
M T W T F S S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31