Norway Sovereign Wealth Fund vows to assess fossil fuel assets on case-by-case basis

James Murray
clock •

$870bn fund rejects calls for fossil fuel divestment, but hints that it could move away from firms that are 'severely harmful to the climate'

Norway's giant sovereign wealth fund will not divest from coal and oil assets, but will instead consider carbon-intensive companies on a "case-by-case" basis, fuelling hopes it could shift its investment...

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