Norway's $2.2 trillion sovereign wealth fund is reportedly stepping back from active climate change engagement with its investments, despite previously committing to ensure that its portfolio companies achieve net-zero greenhouse gas emissions by 2050, according to an environmental NGO report. #ClimateChange #SustainableInvestment #NetZero #NO #BR #US #CV #EX #PE

A report by the environmental NGO Framtiden i Vaare Hender indicates that Norway's $2.2 trillion sovereign wealth fund is failing to actively engage on climate change with its portfolio companies, despite its commitment to achieving net zero greenhouse gas emissions by 2050, as evidenced by its limited voting actions against major oil and gas firms. #ClimateChange #SustainableInvestment #NetZero #NO #BR #US #CA

With the Global Green Bond Initiative Fund, our 🇪🇺 Global Gateway investments will become even more impactful and attractive to private capital. That’s why I want to thank everyone involved in today’s signing - our teams in the Commission and our external partners led by @EIB. https://t.co/vMy6RI3dZQ #GreenFinance #SustainableInvestment #ClimateAction