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NBIM Details Approaches to Climate Change as a Financial Risk

World’s largest sovereign wealth fund details its frameworks for managing climate change; highlights carbon footprint and climate scenario analyses.

As investors respond to the first installment of International Panel on Climate Change’s 6th Climate Assessment Report, Norges Bank Investment Management (NBIM), which manages Norway’s sovereign wealth fund the Government Pension Fund Global (GPFG), has issued a comprehensive guide to how it addresses climate change as a financial risk. Understanding…

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