Part 6/8:
Norway's sovereign wealth fund significantly influences corporate governance and energy policy worldwide. Amidst geopolitical tensions, such as the Russia-Ukraine conflict, Norway has leveraged its energy resources as a primary supplier to Europe. However, this reliance has led to accusations of Norway being a “war profiteer”—claims the nation has strenuously denied.
Moreover, the GPFG's decision to divest from Russian assets following the invasion of Ukraine illustrates its role in global geopolitics, acknowledging the power of economic influence in international relations.