Skancke-led advisory group tells NBIM to introduce regular climate stress tests

Government-backed body delivers climate risk review of wealth fund

Martin Skancke
Martin Skancke

Norges Bank Investment Management (NBIM) should “regularly” stress test Norway’s trillion-dollar sovereign wealth fund against “various climate pathways”, an expert group appointed by the Ministry of Finance has recommended.

The taskforce was appointed in February to consider how …

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