NGOs have analyzed the new holdings list of the Norwegian Government Pension Fund...Since 2013, the coal investments of the world’s largest sovereign wealth fund have sparked an ongoing political debate, in which several of Norway’s political parties and the country’s environmental organizations are calling for an exclusion of coal stocks and bonds from the Pension Fund’s portfolio...According to Schuecking, the GPF’s coal holdings currently still amount to NOK 79 billion (€ 9.16 billion), which is only 4.6% less than the NOK 82.7 billion (€ 9.59 billion), identified by urgewald in the GPF’s 2013 portfolio...

“The only way to achieve meaningful divestment, is to adopt a clear set of exclusion criteria”, says Heffa Schuecking. The report “Dirty & Dangerous” co-published by urgewald, the Future in Our Hands and Greenpeace Norway suggests 5 simple, but effective criteria for eliminating large parts of the coal sector from the GPF’s portfolio.