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Norway wealth fund pressed to drop nuclear arms investment ban

Times of Palestine

Norway wealth fund pressed to drop nuclear arms investment ban

Image credit: Al Jazeera English

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Activists and officials have urged Norway's sovereign wealth fund to ease its ethical restrictions on nuclear weapons investments, according to Al Jazeera English. The call follows controversy over the fund's Gaza-related divestment decisions, which drew criticism from multiple quarters over its investment policies and their humanitarian implications.

A review recommended that the fund lift ethical risk limitations that currently bar it from investing in nuclear arms producers. The debate reflects broader tensions between Norway's stated commitment to ethical investing and pressure to maintain financial returns through less restricted portfolios.

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