Economic Transition Commission appointed today
Press release | Date: 20/03/2026 | Last updated: 06/07/2026 | Ministry of Finance
Today, the Government is appointing an economic transition commission. It follows up agreement between the Labor Party, the Socialist Left Party, the Center Party, the Red Party and The Green Party (MDG) on this year's National budget. The Commission's task is to develop a strategy that will contribute to safeguarding Norway's ability to achieve sustainable restructuring, value creation and competitiveness.
"The Government is appointing this commission as a follow-up to the agreement reached with our collaborating parties in the Storting to obtain input on how Norway should continue to maintain high value creation in the face of major restructuring," says Minister of Finance Jens Stoltenberg.
Among other things, the Economic Transition Commission will look at how Norway can best use scarce resources such as labour, energy and nature, as well as discuss the causes of low productivity growth. This work must be viewed in the light of prospects for lower petroleum activity in the decades ahead and international uncertainty, which may affect the localisation of production and trade flows.
An important basis for this work will be the 2024 Long-term Perspectives Report. Furthermore, the Economic Transition Commission shall ensure a breadth of knowledge and perspectives it acquires and take into account other countries' experiences of economic restructuring.
The Commission is due to submit its report in spring 2027.
Read the commission's mandate here.
The composition of the commission:
Leader:
- Lawyer Erlend Trygve Grimstad, Moss
Members:
- Power market analyst André Kallåk Anundsen, Porsgrunn
- Student Lan Marie Nguyen Berg, Oslo
- Associate Professor Isabel Montero Hovdahl, Bergen
- Project Manager Kari Elisabeth Kaski, Oslo
- Special Adviser Idar Kreutzer, Oslo
- CEO Egil Matsen, Trondheim
- Rector Klaus Mohn, Sandnes
- Research Director Linda Nøstbakken, Bergen
- Chief of Staff Ida Maria Pinnerød, Bodø
- General Manager Sveinung Rotevatn, Oslo
- Second Deputy Chairman Are Tomasgard, Lillestrøm
- Group leader Naomi Wessel, Haugesund