The Norwegian sovereign wealth fund has announced it will no longer invest in companies that specialize in oil and gas exploration. The news could send shock waves through the investment community.
Norway’s sovereign wealth fund announced to the world it had divested from 51 coal companies in 2014 earlier this year, signaling one of the biggest divestment announcements of the current global divestment trend. However, a new report has shown that instead of decreasing their holdings in the coal industry, Norway’s Government … [continued]
Norway can take the lead to end energy poverty with its new mandates for renewable energy investment and sustainable development. These mandates can and should call for transitioning energy access investment away from large-scale centralized energy investments to small scale, distributed clean energy investments. Norway and others have already committed … [continued]
