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Norway: Climate on the agenda
2009-04-07 14:34:37

The Norwegian government presented a Report to the Storting detailing its plan to establish a new investment programme pertaining to environmental issues and initiating a broad climate-change study. We also want to strengthen the focus on issues related to climate change in Norges Bank’s work on engaging with companies,” says the Norwegian Minister of Finance Ms Kristin Halvorsen.

Climate change has been an important topic among the commenting bodies in the consultation process on the ethical guidelines for the Fund. Minister of Finance Kristin Halvorsen says that plans are being made to establish an environmental investment programme, in keeping with the inputs from the consultation process. The environmental programme will be aimed at investments that can be expected to yield indisputable environmental benefits, such as climate-friendly energy, improving energy efficiency, carbon capture and storage, water technology and management of waste and pollution.

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