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Norway's sovereign-wealth fund, one of the world's largest, embraces renewable energy and plans to divest from fossil-fuel investments. The fund will shift over $13 billion from oil, gas, and coal companies to renewable-energy projects and firms, aligning its strategy with the goals of the Paris Agreement. The move reflects the growing recognition of the financial and environmental risks associated with fossil fuels and emphasizes the importance of sustainable investment practices.
Tuesday, 11 June, 2019