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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Norway weighs going green with its $800 bln pension fund

Posted on 14 November 2013

Norway, as the owner of an $800 billion sovereign wealth fund – the world’s largest – has made great efforts over the years to be an ethical investor. But it’s not always been easy.
The most recent reminder came last week when politicians in Norway called for the Government Pension Fund, which is based on excess petroleum revenues, to pull out of coal company investments abroad – a conundrum given that the country itself produces coal via a Norwegian state-owned company up in the northern territory of Svalbard………………………………………..Full Article: Source


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