Science & Environment

Norway’s wealth fund to difficulty coverage on ocean surroundings

OSLO (Reuters) – Norway’s $1 trillion sovereign wealth fund might quickly set out expectations for a way corporations it invests in ought to handle saltwater assets, it mentioned on Tuesday.

The fund already has a coverage on how corporations ought to deal with freshwater assets.

“We need to have an expectation doc on water administration that features salt water … It impacts us as a rustic and as a fund,” Chief Government Yngve Slyngstad advised reporters, including that he hoped the doc could be developed this 12 months.

Reporting by Gwladys Fouche, enhancing by Terje Solsvik

Yasir Ali
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