Investment Climate

Norway Gives 60 Million for Climate-friendly Technology

UN Climate Technology Centre and Network (CTCN) and the Norwegian Veritas (DNV GL) announced a strategic partnership to promote the development and diffusion of climate-friendly technologies to developing countries. The center is supported by Norway through the United Nations Environment Programme (UNEP) with 60 million NOK grant. – Access to climate-friendly technologies in developing countries is essential to meet ...Full Article

Watch The Northern Lights From A Giant Floating Glass Snowflake

Watch The Northern Lights From A Giant Floating Glass Snowflake A snowflake-shaped glass hotel will be floating off the coast of northern Norway’s Tromsø in December 2016, reports say. ...Full Article

A good year for the National Oil Fund

The Government Pension Fund Global, also called the Norwegian National Oil Fund, returned 15.9 percent in 2013, due principally to strong stock markets, the annual report shows. Equity investments returned ...Full Article

Shares in Norwegian tumble as margins hit

Shares in Norwegian Air Shuttle tumbled on Thursday morning after the company announced that growing competition had driven down its yields, which reflect average fares, by 21 percent in ...Full Article

Anti-corruption unit grills Telenor on Uzbek deal

Telenor, Norway’s majority state-owned phone company, has been pulled into the corruption case surrounding Russian phone company Vimpelcom in Uzbekistan, with Norwegian investigators visiting its offices this week. Norway’s ...Full Article

Solberg to up oil fund’s green tech holdings

Norway’s Prime Minister Erna Solberg has said that she plans to plough more of the country’s oil money into renewable energy investments, using its vast $840bn oil fund to ...Full Article