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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments, Trends

Norway’s oil fund could dump shares in oil, coal

Posted on 07 April 2014

Norway is considering excluding foreign oil and coal companies from its $860 billion sovereign wealth fund, which manages profits from Norway’s own fossil fuel industry.
In a shake-up of the fund that sharpens its environmental focus, Finance Minister Siv Jensen said Friday she had appointed a panel to assess the question on the grounds of possible damage to the climate. It will report back to the government in November………………………………………..Full Article: Source


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