ReferIndia News Norway's Sovereign Wealth Fund: Climate Commitment Under Scrutiny

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Norway's Sovereign Wealth Fund: Climate Commitment Under Scrutiny

Published on: May 5, 2026, 11:30 a.m. | Source: Devdiscourse

Norway's $2.2 trillion sovereign wealth fund, the world's largest, is reportedly stepping back from its climate change commitments, according to an NGO report. The fund's aim is for its portfolio of 7,200 companies to achieve net-zero emissions by 2050. The report points out a lack of active management in climate-related voting and engagement.

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