Norway Panel Proposes Raising Bar for Wealth Fund Company Exclusions
A government-appointed committee has proposed loosening parts of the ethical rules for Norway’s $2.3 trillion sovereign wealth fund, including raising the threshold for divestments and potentially allowing some nuclear-related investments. The review follows a pause in divestments after the Trump administration objected to the fund’s exit from Caterpillar over its bulldozers’ use in Gaza and the occupied West Bank; Norway says it is also weighing the difficulty of distinguishing civilian from military business and the fund’s concentrated holdings.
World · 6 sources · Oct 15, 2026Read itThe journal
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About Jens Stoltenberg
Jens Stoltenberg is a Norwegian politician who has served as the minister of finance since 2025, a position he previously held from 1996 to 1997. A member of the Labour Party, he also served as the prime minister of Norway from 2000 to 2001 and 2005 to 2013, and secretary general of NATO from 2014 to 2024.
Everything about Jens Stoltenberg →- Occupation
- economist, politician
- Position held
- Minister of Finance of Norway, Prime Minister of Norway, Prime Minister of Norway, member of the Parliament of Norway
- Citizenship
- Norway
- Born
- March 16, 1959