Wed, Oct 1, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Norway to raise oil fund’s exposure to renewable energy

Posted on 14 March 2014

Norway Prime Minister Erna Solberg plans to increase the Scandinavian nation’s $840 billion oil fund’s exposure to renewable energy, reflecting a continuing shift toward using its vast wealth to combat climate change.
Norway, possessing the largest sovereign-wealth fund in the world, currently devotes a fraction of its assets to green investments. Ms. Solberg told reporters Thursday “we will expand the mandate” in effort to more acutely combat global warming, but didn’t specify how much more money will be devoted to renewable energy………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14855 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« Sep    
 12345
6789101112
13141516171819
20212223242526
2728293031