05.12.2014 - Experts urge Norway oil fund to consider climate
An expert panel recommended on Wednesday that Norway's sovereign wealth fund, the world's largest, give more consideration to climate change in its investments but stopped short of calling for it to spurn fossil fuels as demanded by environmentalists. The panel was appointed by the government to examine calls by environmental groups and some politicians for the fund to divest from coal, oil and natural gas companies. The group of six independent experts recommended that climate change be added to the list of ethical criteria governing the six trillion kroner (€700 billion, $865 billion) fund's investments but said it should not be the basis for a blanket exclusion...............................................Full Article: Source
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