
Norway's massive sovereign-wealth fund sets net-zero goals
Sep 23, 2022 · Norway's sovereign-wealth fund holds over $1.2 trillion in assets, making it one of the world's largest funds. The fund is pushing the thousands of companies in its portfolio to reach net-zero emissions in the coming decades. The move is part of a larger climate action plan in accordance with the Paris Agreement.
How Norway’s sovereign wealth fund made $130 billion in one year
Mar 5, 2018 · 2017 was a big year for Norway’s sovereign wealth fund, already the largest in the world. After surpassing $1 trillion in assets, the fund announced today that it made an annual return of 1,028 billion kroner ($131 billion), the largest amount in the fund’s 20-year history.
Sovereign wealth funds are growing in importance to development
Nov 6, 2023 · Assets under management of sovereign wealth funds globally stood at $11.3 trillion — up more than tenfold in the last decade. And these funds are playing an increasingly important role in the development of critical industries and infrastructure. They are also being leveraged in the pursuit of sustainable development goals, like green hydrogen.
What is a sovereign wealth fund? | World Economic Forum
Oct 13, 2017 · Norway’s SWF has grown to become one of the world’s biggest investors in stocks, owning $667 billion of shares in over 9,000 companies worldwide including Apple and Microsoft, according to the Sovereign Wealth Fund Institute.
Which countries have the largest sovereign wealth funds? | World ...
Feb 12, 2021 · Managing over $1 trillion, Norway's Government Pension Funds and China's Investment Cooperation fund are two of the world's largest sovereign wealth funds.
Norway's Central Bank has recommended oil and gas holdings are …
Nov 20, 2017 · Norway's central bank has recommended that the Ministry of Finance remove oil and gas holdings from its $1 trillion (£760 billion) sovereign wealth fund.
Sovereign wealth funds are working to become more climate …
Jul 11, 2018 · Sovereign wealth funds managing more than $2 trillion are to lay out a strategy on Friday in Paris to pressure companies to be more climate-friendly, French officials said.
Lessons from Norway, the world’s most inclusive economy
Apr 12, 2017 · The small Scandinavian country of 5 million people does things differently. It has the lowest income inequality in the world, helped by a mix of policies that support education and innovation. It also channels the world’s largest sovereign wealth fund, which manages its oil and gas revenues, into long-term economic planning.
News from 2030 | World Economic Forum
Jan 20, 2020 · Have you read? How Norway’s sovereign wealth fund made $130 billion in one year The plunder of the commons Scientists now think air pollution is fuelling violent crime
These are the world’s most inclusive economies
Jan 22, 2018 · In the far north of Europe, the people of Norway are quietly enjoying life in the world’s happiest country. And helping to keep them content is an economy that is as inclusive as it is successful.