Wednesday, March 26, 2025
GlobalOtherNorway's trillion-dollar fund goes green: Doubling investments in renewable energy

Norway’s trillion-dollar fund goes green: Doubling investments in renewable energy

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 …

Source video: DW News on YouTube

Source image: keepwakin / Pixabay

Source: bellona.org

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