RSS

Climate risk and the Government Pension Fund Global

Managing risks associated with climate change and the green transition

Report from an expert group appointed by the Ministry of Finance. 15 August 2021. English translation of the original report’s executive summary and chapter 7 with recommendations.

Governance framework

The Storting has, in the Government Pension Fund Act, accorded the Ministry of Finance formal responsibility for the management of the Fund. Operational management of the Government Pension Fund Global (GPFG) is carried out by Norges Bank.

Meld. St. 24 (2020–2021) - The Government Pension Fund 2021

Chapter 1: Executive summary

Meld. St. 14 (2020–2021) - Long-term Perspectives on the Norwegian Economy 2021

Chapter 1

Meld. St. 32 (2019–2020) - The Government Pension Fund 2020

Meld. St. 32 (2019–2020) Report to the Storting (white paper)

NOU 2020: 7 - Values and Responsibility

The Ethical Framework for the Norwegian Government Pension Fund Global

The Report on Energy Stocks in the Government Pension Fund Global

On 12 June, the Storting deliberated Meld. St. 14 (2018-2019), Energy Stocks in the Government Pension Fund Global. The report proposed omitting equity investments in companies classified as exploration and production companies from the benchmark

Meld. St. 20 (2018–2019) - The Government Pension Fund 2019

Meld. St. 20 (2018–2019) Report to the Storting (white paper)

Meld. St. 14 (2018–2019) - Energy Stocks in the Government Pension Fund Global

Meld. St. 13 (2017–2018) - The Government Pension Fund 2018

Meld. St. 13 (2017–2018) Report to the Storting (white paper)

NOU 2017: 13 - New central bank act

Meld. St. 29 (2016–2017) - Long-term Perspectives on the Norwegian Economy 2017

A Summary of Main Points

Meld. St. 26 (2016–2017) - The Management of the Government Pension Fund in 2016

Meld. St. 26 (2016–2017) Report to the Storting (white paper)

NOU 2016: 20 - Official Norwegian Report – The Equity Share of the Government Pension Fund Global

Unofficial translation of chapter 1

Meld. St. 23 (2015–2016) - The Management of the Government Pension Fund in 2015

Norwegian Government Pension Fund and the Santiago principles

Norway supports the international guidelines for sovereign wealth funds, the so called Santiago-principles or Generally Accepted Practices and Principles for Sovereign Wealth Funds (GAPP).

NOU 2015: 9 - Fiscal policy in an oil economy

The application of the fiscal rule

Meld. St. 21 (2014–2015) - The Management of the Government Pension Fund in 2014

Meld. St. 21 (2014–2015) Report to the Storting (white paper)

Meld. St. 27 (2012-2013) - The Management of the Government Pension Fund in 2012