Norway is considering allowing its sovereign wealth fund to invest again in companies involved in nuclear weapons production, following a review prompted by an investment dispute related to Gaza. Multiple outlets report that the proposal would ease current ethical restrictions that limit exposure to certain “ethical risk” areas.
Euronews says the fund—described as the world’s largest—has assets exceeding €2 trillion and that a proposal published on Thursday would potentially reopen investment eligibility for firms making nuclear weapons. Al Jazeera similarly reports that a review urges the fund to lift parts of its ethical-risk limitations, while tying the discussion to wider controversy over how Norway’s fund addresses responsibility and compliance with ethical guidelines. Nasha Niva frames the development as a plan to permit investment in nuclear weapons production, indicating the shift is aimed at changing the fund’s policy rather than introducing new rules for specific companies.
Across coverage, the central point is that Norway’s wealth fund’s long-standing investment ban on nuclear weapons may be reviewed and loosened, but details of how the change would be implemented are not uniform across reports.
