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Norways oil fund ploughs forward in renewable energy investment

2014-03-14 09:45:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Norways sovereign wealth fund, the largest in the world, is set to increase its exposure to renewable energy. According to the WWF, the size of the pension fund means the move has the potential to have a global impact. Erna Solberg, Norways prime minister, confirmed measures to increase the funds investment in clean energy as part of its plan to use its wealth to combat climate change. Further details will be outlined in a report published early next month. The fund currently has around 9% of...

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