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

Norway’s SWF should refrain from green focus: central bank

Posted on 06 October 2010

From Reuters: Norway’s $470 billion sovereign wealth fund should refrain from earmarking funds specifically for green projects, the central bank said as Norway debates expanding its investment universe to include private equity.
The central bank-run wealth fund — the world’s second largest after that of the United Arab Emirates — and the fund’s owner, the Norwegian government, have been in a tug-of-war over whether the SWF should earmark funds for environmental projects……………………………………….Full Article: Source

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