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Sovereign Wealth Funds Briefing - Categorized | Investment, Trends

Norway to study pulling wealth fund investment from oil, gas, coal

Posted on 04 March 2014

Norway’s ruling parties have agreed to study whether its US$840-billion wealth fund, itself built on oil revenues, should pull out of investing in oil, gas and coal for environmental reasons, the Progress Party said on Friday.
The minority government and two small opposition parties agreed to set up an independent panel to study the issue and present its findings next year, potentially heralding one of the biggest changes for the fund since it was set up in 1990………………………………………..Full Article: Source


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