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May 8, 2024

IEEFA calculates ‘mega-polluters’ could cost Norwegian government pension fund $4.1bn

Buildings in Oslo’s financial district, Norway
The report warns that Norway’s Government Pension Fund Global and other major investors could find the value of their asset wealth eroded if they hold ‘mega-polluters’ © Fredrik Solstad/Bloomberg

‘Universal owners’ risk having their asset wealth eroded by carbon pollution, says the Institute for Energy Economics and Financial Analysis

Asset owners with broad economic exposure and long-term investment horizons, so-called “universal owners”, which include pension, mutual and sovereign wealth funds, risk having their asset wealth eroded by carbon pollution, concludes analysis by the Institute for Energy Economics and Financial Affairs think-tank.

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