Norway’s $1 trillion sovereign wealth fund is making a big move towards renewable energy, announcing investments in unlisted projects like wind and solar.
This shift is expected to boost green energy globally and aligns with a decade-long push by Bellona.
The fund, which owns 1% of all listed stocks, is doubling its climate investments to $14 billion, signaling a positive trend in sustainable finance.
Although the move is financially driven, it reflects changing attitudes towards climate action.
Moreover, the fund’s recent decision to …