TY  - JOUR
U1  - Zeitschriftenartikel, wissenschaftlich - begutachtet (reviewed)
A1  - Reiche, Danyel T.
T1  - Sovereign wealth funds as a new instrument of climate protection policy? : A case study of Norway as a pioneer of ethical guidelines for investment policy
N2  - In 1990 a sovereign wealth fund was founded in Norway in which the country invests surpluses from oil and gas industry sales. The fund is designed to secure the state's ability to act in a post-petroleum era. At the end of the 1990's the voice of Norwegian civil society insisted that the sovereign wealth fund should not only ensure intergenerational justice, but should also contribute to the implementation of values and norms of the present country. At the end of 2004 the parliament finally agreed upon ethical regulations for the investment of the sovereign wealth fund. Now the second largest sovereign wealth fund in the world only invests in businesses that adhere to those ethical regulations. In the present paper, I seek to illustrate the emergence and outcomes of this new development in the Norwegian sovereign wealth fund.
T2  - Energy
VL  - 35
Y1  - 2010
U6  - https://dx.doi.org/10.1016/j.energy.2010.04.030
DO  - https://dx.doi.org/10.1016/j.energy.2010.04.030
IS  - 9
SP  - 3569
EP  - 3577
ER  -