Norway’s Sovereign Wealth Fund Walks Tightrope with Environmentalists
Posted on 12/04/2014
Norway’s sovereign fund which generates wealth from investment returns and fossil fuels will allocate an equivalent of 1% of its assets into environmental technology stocks – equating to about US$ 3 billion. At the end of 2013, the sovereign wealth fund held US$ 4.5 billion in green technology companies. NBIM CEO Yngve Slyngstad indicated on […]
