Matches in SemOpenAlex for { <https://semopenalex.org/work/W2279411931> ?p ?o ?g. }
Showing items 1 to 62 of
62
with 100 items per page.
- W2279411931 abstract "Norway's abundance of resources is the establishing factor in explaining how the North European state ranks among the countries worldwide with the highest standard of living. Indeed, fossil fuels are finite and after their depletion the Norwegian social welfare state should endure. Therefore, a sovereign wealth fund has been founded in the kingdom in 1990, in which the surpluses from the oil and gas industry sales have been invested from that time on. This method should secure the state's ability to act in the post-petroleum era. At the end of the 1990's the voice of Norwegian society insisted that the sovereign wealth fund should not only be for intergenerational justice, but should also contribute to the implementation of worth and norms of the present country. In the end of 2004 the Parliament (Storting), on the basis of the Graver Report, finally agreed upon ethic regulations for the investment of the sovereign wealth fund. With capital of over 280 billion Euros (figures from 2007), the second largest sovereign wealth fund in the world, they should now only have businesses in their portfolio which adhere to those ethical regulations. In the present paper, the emergence and outcomes of the development of a Third Way between maximising profit and sustainability will be illustrated. The ethical regulations have different dimensions (e.g. no contribution to human rights violations, child labour, serious environmental damages, etc.) to which the present text concentrates on posing the question to what extent sovereign wealth funds could be a new instrument of climate protection policy. For this purpose, the contribution of both main instruments of ethical regulations, Active Ownership and the exclusion of businesses, were analysed as well as the actors which have been created for their implementation. The repercussions reach from dialogs with businesses in the USA to stop lobby activities against Congress-planned climate protection laws, such as an emissions trading system, to adjusting to the exclusion of individual firms from the portfolio of welfare states, due to a breach of ethics. The drawbacks and constraints of a takeover of the Norwegian regulations by other financial actors and its first diffusion effects will be analysed. Finally, this article will deal with the running evaluations of the ethical regulations and Norwegian current and future domestic climate policies." @default.
- W2279411931 created "2016-06-24" @default.
- W2279411931 creator A5035622425 @default.
- W2279411931 date "2008-01-01" @default.
- W2279411931 modified "2023-09-24" @default.
- W2279411931 title "Sovereign wealth funds as a new instrument of climate protection policy? Study of Norway as a pioneer of ethical guidelines for investment policy" @default.
- W2279411931 hasPublicationYear "2008" @default.
- W2279411931 type Work @default.
- W2279411931 sameAs 2279411931 @default.
- W2279411931 citedByCount "1" @default.
- W2279411931 countsByYear W22794119312015 @default.
- W2279411931 crossrefType "posted-content" @default.
- W2279411931 hasAuthorship W2279411931A5035622425 @default.
- W2279411931 hasConcept C105639569 @default.
- W2279411931 hasConcept C124932975 @default.
- W2279411931 hasConcept C144133560 @default.
- W2279411931 hasConcept C162324750 @default.
- W2279411931 hasConcept C17744445 @default.
- W2279411931 hasConcept C186229450 @default.
- W2279411931 hasConcept C199539241 @default.
- W2279411931 hasConcept C2781440851 @default.
- W2279411931 hasConcept C29122968 @default.
- W2279411931 hasConcept C34447519 @default.
- W2279411931 hasConcept C94625758 @default.
- W2279411931 hasConceptScore W2279411931C105639569 @default.
- W2279411931 hasConceptScore W2279411931C124932975 @default.
- W2279411931 hasConceptScore W2279411931C144133560 @default.
- W2279411931 hasConceptScore W2279411931C162324750 @default.
- W2279411931 hasConceptScore W2279411931C17744445 @default.
- W2279411931 hasConceptScore W2279411931C186229450 @default.
- W2279411931 hasConceptScore W2279411931C199539241 @default.
- W2279411931 hasConceptScore W2279411931C2781440851 @default.
- W2279411931 hasConceptScore W2279411931C29122968 @default.
- W2279411931 hasConceptScore W2279411931C34447519 @default.
- W2279411931 hasConceptScore W2279411931C94625758 @default.
- W2279411931 hasLocation W22794119311 @default.
- W2279411931 hasOpenAccess W2279411931 @default.
- W2279411931 hasPrimaryLocation W22794119311 @default.
- W2279411931 hasRelatedWork W1542112530 @default.
- W2279411931 hasRelatedWork W1552397878 @default.
- W2279411931 hasRelatedWork W1587349533 @default.
- W2279411931 hasRelatedWork W1603642981 @default.
- W2279411931 hasRelatedWork W198733839 @default.
- W2279411931 hasRelatedWork W1992900391 @default.
- W2279411931 hasRelatedWork W2014212411 @default.
- W2279411931 hasRelatedWork W2377292909 @default.
- W2279411931 hasRelatedWork W282153924 @default.
- W2279411931 hasRelatedWork W288078856 @default.
- W2279411931 hasRelatedWork W2910765615 @default.
- W2279411931 hasRelatedWork W3042671372 @default.
- W2279411931 hasRelatedWork W3106770111 @default.
- W2279411931 hasRelatedWork W3114935750 @default.
- W2279411931 hasRelatedWork W3121566643 @default.
- W2279411931 hasRelatedWork W3125030781 @default.
- W2279411931 hasRelatedWork W3142163613 @default.
- W2279411931 hasRelatedWork W3174462726 @default.
- W2279411931 hasRelatedWork W402733383 @default.
- W2279411931 hasRelatedWork W2739775432 @default.
- W2279411931 isParatext "false" @default.
- W2279411931 isRetracted "false" @default.
- W2279411931 magId "2279411931" @default.
- W2279411931 workType "article" @default.