Norway's Sovereign Wealth Fund: Weapons Investment Debate
Update: 2025-11-13
Description
Norways massive sovereign wealth fund, the worlds largest, is considering investing in large defense companies, ending a decades-long ban. This shift is driven by the Ukraine conflict and changing global security concerns. The fund, which currently buys arms from these companies, is grappling with ethical dilemmas. A commission will review guidelines, with a final vote expected in 2027. This decision could set a new trend for ethically-minded investors, but its not without controversy, as some argue it contradicts the funds goal of safeguarding future generations.
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