Norway Reviews Sovereign Fund Ethics, May Reopen Nuclear Weapons Investment
Published 2 d ago2 sourcesEvidence: Reported
A Norwegian government-appointed commission proposed allowing the world's largest sovereign wealth fund to invest in nuclear weapons producers, potentially re-admitting defense giants like Airbus, Boeing, and Lockheed Martin. This marks a policy reversal for the fund, which has historically excluded nuclear weapons makers. The shift reflects heightened European security concerns over Russia's nuclear threats and China's arsenal expansion, but the proposal is not yet binding and faces political debate.
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A Norwegian government-appointed commission has proposed allowing the world's largest sovereign wealth fund to invest in nuclear weapons producers, a reversal of historical policy. This move, driven by heightened European security concerns over Russian and Chinese threats, is currently a proposal and not yet binding, facing political debate. The fund is also reviewing broader defense investment restrictions.
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