Although the government mandated the country’s sovereign wealth fund to invest more in environmentally-related stocks, critics say the new government directive does little to increase the actual impact of those investments with regards to renewable energy.
Norway announced that stock investments made by the fund will grow from $5bn to about $8.4bn under the new mandate.
Renewable energy advocates had hoped that the fund would also bring the fund to bear directly on major clean-energy infrastructure projects.
But
