-
Norway’s oil fund opens door to investments in unlisted renewables
05 April 2019Norway’s $1 trillion sovereign wealth fund is to be allowed to invest in unlisted renewables assets, following a decision by the country’s finance ministry.
-
World’s largest sovereign wealth fund urged not to pursue divestment
24 August 2018Divestment of the oil and gas stocks in the Government Pension Fund Global (GPFG) “is not an effective insurance against a permanent decline in oil prices” and the stocks only contribute marginally to Norway’s oil price risk, according to a committee set up to explore the issue.
-
Trillion-dollar wealth fund to consider dropping oil and gas investment
20 November 2017Norway's $1 trillion sovereign wealth fund is to consider divesting its holdings in oil and gas because of the risk fossil fuels pose to its portfolio.