| Norway’s sovereign wealth fund should be allowed to exclude any business that is “severely harmful” to the global climate, according to a new report, but should not categorically exclude fossil fuel companies.
The report, commissioned by the Ministry of Finance in April following pressure from the Norwegian Parliament, said the NOK6trn (€699bn) Government Pension Fund Global should not be viewed as an instrument of climate policy and rejected the concept of stranded assets as one that should guide investment policy...............................................Full Article: Source
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